Smallbizzloans firm can provide some types of commercial property loans. Some common types of loans include:
Commercial Mortgages:
These loans are used to finance the purchase or refinancing of commercial property loans, such as office buildings, retail spaces, or apartment complexes.
SBA Loans:
The Small Business Administration (SBA) offers loans to small businesses that are unable to obtain traditional financing. SBA loans can be used to purchase or refinance commercial property loans, as well as for working capital or equipment purchases.
Infrastructure Loans:
These loans are used to pay for building new commercial property or renovating existing ones.
Bridge Loans:
These short-term loans can be used to finance the purchase or renovation of commercial property while longer-term financing is arranged.
Hard Money Loans:
These loans are typically used by real estate investors to finance the purchase or renovation of commercial property loans. They are often short-term loans with higher interest rates and fees.
It is important to note that the availability and terms of commercial property loans can vary depending on the lender and the borrower’s creditworthiness, financial history, and the type of property being financed. It is recommended to research and compare different lenders and their loan offerings before making a decision.
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