COMMERCIAL LOANS

Marcel Garcia can offer some commercial loans for business owners and investors. We can help you secure financing for commercial real estate, including office, multi-family, new construction, retail, and more. We work with an extensive network of lenders to secure the most attractive rates and terms.

Permanent Loan –Similar to a residential mortgage, a permanent, conventional loan is the first loan on a commercial property.

This loan carries a minimum 5-year repayment term.

Small Business Association (SBA) Financing – The SBA guarantees multiple loan programs through approved lenders.

There are two types of SBA loans that are commonly used to finance commercial real estate.

SBA 504 – Provides long-term, fixed-rate financing for owner-occupied small business properties. Proceeds from a loan can be

used for real estate financing, refinancing, and certain soft costs. A 504 loan can be an attractive alternative to a conventional

commercial loan because it typically comes with a lower down payment requirement for qualified borrowers. The maximum

repayment term on loans for real estate is 25 years.

SBA 7A –The 7a was created to finance higher-risk loans, like a business and building purchases. Interest rates are typically

adjustable and tied to the prime rate. Up-front costs are higher than a 504 loan. The maximum repayment term on loans

for real estate is 25 years.

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