Commercial >> Benefits:
Benefits of commercial mortgages
Commercial mortgages help businesses get the necessary funding to purchase real estate. If your company has good credit, strong financials and a proven business model, you should be able to qualify for commercial mortgages.
Businesses rely on commercial mortgages to buy land to construct a new building, to purchase an existing building or business, or to acquire multi-unit properties so you can rent space to business or individuals. Examples of commercial real estate include:
- Office buildings
- Apartment complexes, condominiums (four units or more)
- Strip malls
- Retirement homes
- Warehouses, manufacturing plants
- Health care facilities
- Schools, churches
- Car washes, repair shops
- Restaurants, hospitality