Factors that will influence what type of loan you qualify for include down payment, real estate value, and size of loan, repayment structure, your credit scores, and your business credentials. Therefore, when thinking about what type of commercial real estate loan you want to keep in mind two things; lower monthly payments will require a more extended loan and a lower total interest but will need a shorter loan term.

The Bottom Line

Pros

• Low Down Payment
• Long Payment Term
• Competitive Interest Rates

Cons

• Lengthy Paperwork
• Longer Approval Times