Apricot Real Estate Inc.

| DRE 01515385 | NMLS 350190

Menu
Facebook Twitter Youtube Linkedin

Commercial Loans

We can assist you in obtaining financing for various types of commercial real estate, including office buildings, multi-family properties, new construction, retail spaces, and more. By leveraging our extensive network of lenders, we ensure you get the best rates and terms available.

Common Commercial Loan Types:

Permanent Loan – A permanent, conventional loan is the primary loan on a commercial property, similar to a residential mortgage. It typically comes with a minimum 5-year repayment term.

Small Business Administration (SBA) Financing – The SBA backs several loan programs through approved lenders. Two SBA loan types are commonly used for financing commercial real estate.

More Info On Each Program:

  1. SBA 504 – This loan offers long-term, fixed-rate financing for owner-occupied small business properties. It can be used for real estate purchases, refinancing, and certain soft costs. The SBA 504 loan is often an appealing alternative to conventional commercial loans, as it generally requires a lower down payment for qualified borrowers. The maximum repayment term for real estate loans is 25 years.

  2. SBA 7(a) – Designed to finance higher-risk loans, such as business and property purchases, the SBA 7(a) typically features adjustable interest rates tied to the prime rate. Upfront costs are higher compared to a 504 loan, but the maximum repayment term for real estate loans is also 25 years.

  • Equipment financing
    A loan used to purchase or upgrade business equipment, with the equipment serving as collateral. The length of the loan is often the same as the expected life of the equipment. 
     
  • Merchant cash advances
    A lump sum of money is advanced in exchange for a portion of future sales revenue. 
     
  • SBA loans
    The US Small Business Administration partially guarantees loans that banks and other lenders extend to small businesses. 
     
  • Term loans
    A type of business loan with reasonable interest rates and longer repayment terms. 
     
  • Invoice factoring
    A type of financing that allows businesses to sell outstanding invoices to a factoring company, who pays the business a percentage of the invoice’s value upfront. 
     
  • Microloans
    Small loan amounts with short repayment terms, small interest rates, and easier to meet requirements. 
     
  • Business credit cards
    A way for companies to access financing as needed. Business credit cards are applied for through a credit card company, not a small business lender. 
     
  • Commercial real estate loans
    A loan used to fund the purchase of commercial property, with the property serving as collateral. 
  •  

2024 Apricot Real Estate, a mortgage broker, licensed by the CA Bureau of Real Estate, DRE #01515385, NMLS #350190. All rights reserved. Not all applicants will qualify. Rates, programs, and APRs are subject to change without prior notice. All LTVs represented are based on appraised value.