Get Insider Tips on Best Commercial Mortgage Rates
Types of Commercial Mortgage Loans
Commercial mortgage loans come in various forms, each with distinct characteristics. The most common types include traditional bank loans, Small Business Administration (SBA) loans, and commercial bridge loans. Traditional bank loans are ideal for established businesses with strong credit histories, while SBA loans offer more flexibility and are backed by the government, making them accessible to small businesses. Bridge loans, on the other hand, are short-term solutions that provide quick financing until a more permanent solution is secured2.