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Commercial Real Estate

Funding Programs

Commercial Real Estate Loans

Finance the purchase, refinance, or development of commercial property — from owner-occupied office and retail to investment properties and mixed-use developments — with loan amounts up to $10,000,000+.

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Commercial real estate represents some of the most significant and strategic investments a business owner or investor can make. Whether you’re a business owner looking to stop paying rent and own the building you operate from, a real estate investor acquiring an income-producing property, or a developer financing a ground-up project — commercial real estate financing requires a lender who understands both the property and the business behind the purchase.

Commercial real estate loans are fundamentally different from residential mortgages. Lenders evaluate not only the property’s value but its cash flow potential, the borrower’s business financials, the local market, the intended use, and — in the case of owner-occupied properties — the health of the occupying business. Loan structures, amortization periods, and rate types vary widely based on these factors.

Martimus Financial connects businesses and investors with commercial real estate financing from $250,000 to $10,000,000+ through a network of banks, credit unions, CMBS lenders, bridge lenders, and SBA lenders. Our advisors help you identify the right financing structure for your specific property type, use, and financial profile — and present you with multiple competitive offers so you can make an informed decision.

What Is a Commercial Real Estate Loan?

A commercial real estate (CRE) loan is a mortgage secured by commercial property — non-residential real estate used for business or investment purposes. Unlike residential mortgages that amortize fully over 15–30 years, most commercial real estate loans have an amortization period (typically 20–25 years) and a shorter loan term (5–10 years), at the end of which the remaining balance comes due as a balloon payment, requiring refinancing or payoff.

The primary CRE loan types relevant to small businesses and investors include:

  • Owner-Occupied CRE Loan: The borrower’s business occupies at least 51% of the property. SBA 7(a) and SBA 504 loans are the gold standard for owner-occupied commercial real estate, offering low down payments and long amortization periods.
  • Investment Property Loan: The property is primarily income-producing (leased to tenants). Underwriting focuses on the property’s debt service coverage ratio (DSCR) — the ratio of net operating income to total annual debt service.
  • Bridge Loan: Short-term financing (6–36 months) used to acquire or renovate a property quickly while permanent financing is arranged. Higher rates but maximum flexibility and speed.
  • Construction Loan: Funds the ground-up development or major renovation of commercial property. Draws disbursed in stages as construction progresses, converting to permanent financing at project completion.
  • Cash-Out Refinance: Refinances an existing commercial property to extract equity — often used to fund business expansion, additional property acquisitions, or major capital improvements.

Who Qualifies for Commercial Real Estate Financing?

Commercial real estate qualification involves both property-level analysis (property value, condition, location, use, income potential) and borrower-level analysis (credit score, business financials, net worth, liquidity, experience). Lenders want to see that both the property and the borrower can sustain the debt.

Minimum Credit Score
620+ (640+ preferred; 680+ for bank)
Down Payment
10% (SBA 504) to 20–30% (conventional)
Minimum DSCR
1.20x–1.25x (net income / debt service)
Maximum Loan Amount
$10,000,000+ (larger with senior credit)

For owner-occupied properties, lenders also evaluate the occupying business’s financial performance — typically requiring 2 years of business tax returns and personal financial statements from all owners with 20%+ ownership. For investment properties, the property’s rent roll, lease terms, and historical net operating income carry the most weight.

Liquidity matters significantly in commercial real estate. Lenders want to see post-closing liquidity — enough cash reserves to cover 6–12 months of debt service after the down payment and closing costs are deployed.

Types of Commercial Properties We Finance

  • Office Buildings: Single-tenant and multi-tenant office properties, medical office buildings, professional suites.
  • Retail Properties: Strip centers, single-tenant retail, mixed-use retail/residential, ground-floor retail in commercial buildings.
  • Industrial & Warehouse: Light industrial, flex-industrial, distribution warehouses, manufacturing facilities.
  • Multifamily (5+ Units): Apartment buildings, mixed-use with residential component, student housing.
  • Hospitality: Hotels, motels, bed-and-breakfast properties — subject to specialized underwriting based on revenue per available room (RevPAR).
  • Special Purpose: Restaurants, gas stations, car washes, self-storage facilities, churches — property types with limited alternative use that require specialized lenders.
  • Mixed-Use: Properties combining retail, office, and residential uses in a single structure.

CRE Loan Amounts, Terms & Rates

Loan TypeAmountTermLTV
SBA 7(a) CREUp to $5,000,00025 yearsUp to 90%
SBA 504 CREUp to $5,000,000 (SBA portion)10, 20, or 25 yearsUp to 90%
Conventional CRE$250K – $10M+5–10 yr term / 20–25 yr amort65–75%
Bridge Loan$500K – $10M+6–36 monthsUp to 80%
Construction Loan$500K – $10M+12–24 months (interest-only draws)Up to 75% of completed value

LTV = Loan-to-Value. Ranges shown are representative. Actual terms subject to lender underwriting, property appraisal, market conditions, and borrower creditworthiness. Not a commitment to lend.

Benefits of Commercial Real Estate Ownership

  • Eliminate Rent Payments: Owning your business location converts a pure operating expense into an equity-building asset.
  • Build Long-Term Wealth: Commercial real estate has historically appreciated over time, building net worth independent of your business’s performance.
  • Tax Advantages: Depreciation deductions, mortgage interest deductibility, and 1031 exchange provisions offer significant tax planning opportunities. Consult a CPA.
  • Control & Stability: Eliminate the risk of lease non-renewal, rent increases, or landlord-driven disruption to your business location.
  • Additional Income: Owner-occupied buildings can generate rental income from tenants occupying portions of the property.
  • Collateral for Future Financing: Equity in commercial real estate can be tapped for future capital needs through refinancing or equity lines.

Potential Drawbacks to Consider

  • Capital Requirements: Down payments of 10–30% plus closing costs require substantial upfront capital — ensure this doesn’t deplete operating reserves.
  • Illiquidity: Commercial real estate is not a liquid asset — converting it to cash in an emergency takes time and cost.
  • Management Responsibility: Owning commercial property adds maintenance, insurance, property tax, and tenant management responsibilities.
  • Market Risk: Commercial real estate values fluctuate with local market conditions — a property purchase at peak market can result in a value lower than the outstanding mortgage balance.

How to Apply for Commercial Real Estate Financing

1

Initial Consultation

Contact a Martimus advisor at martimusmoney.com/apply or call (919) 457-5200. Describe the property type, location, purchase price or current value, intended use, and your business’s financial profile.

2

Document Collection

Commercial real estate financing typically requires: 2 years of business and personal tax returns, YTD P&L and balance sheet, 3 months business bank statements, personal financial statement, and the property contract or appraisal. Your advisor provides a customized checklist.

3

Lender Submission & Term Sheets

We submit your package to the most suitable lenders in our network for your property type and borrower profile. You receive formal term sheets — comparing rate, LTV, amortization, prepayment, and total cost — within 3–7 business days.

4

Underwriting & Closing

Accept your preferred term sheet. The lender orders an appraisal, completes due diligence, and issues a commitment letter. Closing typically occurs 30–60 days from application for conventional loans, or 60–90 days for SBA loans.

Frequently Asked Questions

What’s the minimum down payment for a commercial real estate loan?
The minimum depends on the loan program. SBA 504 and SBA 7(a) owner-occupied CRE loans can finance up to 90% of the purchase price, requiring as little as 10% down. Conventional commercial loans typically require 20–30% down. Investment properties generally require 25–30% minimum down payments.
What is a DSCR and why does it matter?
DSCR stands for Debt Service Coverage Ratio — the ratio of a property’s net operating income to its annual debt payments. A DSCR of 1.25 means the property generates $1.25 in net income for every $1.00 in debt payments. Most lenders require a minimum DSCR of 1.20–1.25x. Below 1.0x means the property doesn’t generate enough income to cover the debt — a significant red flag for lenders.
What’s the difference between a bridge loan and a permanent loan?
A bridge loan is short-term (6–36 months) financing used to acquire or renovate a property quickly while permanent financing is arranged. Bridge loans have higher rates but maximum flexibility. A permanent loan is long-term financing (5–25 years) with lower rates suited for stabilized, income-producing properties. Bridge loans are typically refinanced into permanent loans once the property is stabilized.
Can I use an SBA loan to buy commercial real estate?
Yes. The SBA 504 and SBA 7(a) programs are excellent options for owner-occupied commercial real estate. SBA 504 is specifically designed for fixed asset purchases including owner-occupied CRE — it offers fixed, below-market rates on the SBA portion with a 10% down payment. SBA 7(a) can also finance CRE up to $5 million with repayment terms up to 25 years.
How long does commercial real estate financing take?
Conventional commercial loans typically close in 30–60 days. SBA CRE loans take 60–90 days. Bridge loans can close in 2–4 weeks. Construction loans vary based on project complexity. Commercial real estate transactions require an appraisal (2–4 weeks), title work, environmental review (if applicable), and legal documentation — all of which add time relative to residential mortgages.
Can I finance a mixed-use or special-purpose property?
Yes, though the lender options are narrower for special-purpose properties (restaurants, gas stations, car washes, religious institutions) due to their limited alternative uses. Martimus Financial works with specialty CRE lenders who understand these property types and can structure financing where generalist lenders cannot. Share the property details with our advisors and we’ll identify suitable options.

Why Work With Martimus Financial?

Commercial real estate financing is relationship-driven — the right lender for your property type, market, and borrower profile matters enormously. A bank that’s conservative on retail won’t be the right fit for a retail acquisition. A lender with no appetite for hospitality can’t help you buy a hotel. Martimus Financial’s network spans conventional lenders, SBA-approved lenders, bridge lenders, CMBS originators, and specialty property lenders.

Our advisors help you understand the true cost of each structure — comparing conventional, SBA, and bridge options side-by-side — and identify the fastest path to closing for your specific transaction. We’ve facilitated commercial real estate financing across office, retail, industrial, hospitality, and special-purpose properties throughout the United States.

Ready to explore your commercial real estate financing options? Start your free application or call (919) 457-5200 to speak with a commercial real estate advisor.

Ready to Finance Commercial Real Estate?

Free consultation. No obligation. Our advisors analyze your property and borrower profile and identify the best financing path available.

Apply Now — Free →

Or call (919) 457-5200 to speak with a commercial real estate advisor

Martimus Financial Corporation is a commercial finance broker, not a direct lender. All financing subject to lender approval, underwriting, property appraisal, and credit review. Loan-to-value ratios, rates, and terms vary by lender, property type, market, and applicant profile. This page is for informational purposes only and does not constitute a commitment to lend, an offer of credit, or legal or investment advice. Consult qualified legal, tax, and real estate professionals before making commercial real estate decisions.

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