What Are Commercial Loans?
Commercial loans are mortgage loans secured by commercial real estate. Commercial real estate is property that is used solely for business purposes.
Commercial loans are backed by collateral, which is a component in the loan approval process, along with creditworthiness of the entity, the loan-to-value ratio and the debt-service coverage ratio.
ARC Private Lending makes it easy for business owners to get the cash they need through a commercial loan . We have access to virtually unlimited capital and are expertly positioned to meet the needs of customers that fall outside of traditional bank requirements. We offer commercial loans starting at $250,000.00.
We also understand the challenges of being self-employed. That is why we offer loans secured by commercial real estate with the option to support income requirements through the use of personal income or current cash flow from the securing property.
What Type of Properties Work for Commercial Loans?
There are a variety of property types that can be considered for a commercial real estate loan such as:
- Apartment Buildings
- Hair Salons
- Auto Repair
- Funeral Home
- And more…