What are commercial real estate loans?
Commercial real estate (CRE) loans finance the purchase, refinance, or improvement of business property — office, retail, industrial, multifamily, or owner-occupied buildings. The property secures the loan, which supports large amounts and long, amortized terms.
Whether you're buying your first building, refinancing to a better rate, or pulling equity out for growth, CRE financing is built for significant, long-horizon real-estate investments.
How it works
- The property you're buying or refinancing serves as collateral.
- Lenders evaluate the property's value, income, and your financials.
- Terms are long and amortized, keeping payments manageable.
- Owner-occupied properties may also qualify for SBA 504 financing.
What it costs
Commercial real estate loans are secured by the property, so rates are generally lower than unsecured business financing. Your rate and terms depend on the property, your down payment and the business's finances.
Expect appraisal, legal and closing costs, and a timeline of 30 to 60 days. Compare offers by APR, amortization period and any prepayment penalty.
Rates, amounts and terms on this page are typical ranges, not offers or guarantees. Your terms depend on your business and the lender that makes the offer. Cashifi is not a lender and does not make credit decisions.
Best for
- Buying a building for your business
- Refinancing an existing commercial mortgage
- Cash-out refinance to fund growth
- Investment or multifamily property
Pros and considerations
Pros
- + Large loan amounts secured by the property
- + Long, amortized terms and competitive rates
- + Build equity instead of paying rent
- + Cash-out options to fund the business
Considerations
- – Slower close (30–60 days) with appraisal
- – Requires strong credit and property income
- – Down payment and reserves typically required
Do you qualify?
- 680+ credit score (varies)
- The property and its income/appraisal
- Down payment / equity
- Business and personal financials
Typically you'll provide: Property appraisal, Rent rolls, Operating statements, Tax returns.
How to apply
- 1Complete one application online — about four minutes, with a soft credit check that won't affect your score.
- 2Upload your recent business bank statements so lenders can see your revenue and cash flow.
- 3Compare the offers that come back, ranked by total cost, and choose the one that fits. There is no obligation.
Frequently asked questions
Can I get cash out of my commercial property?
Yes. A cash-out refinance lets you tap the equity in a property you own to fund expansion, renovations, or other business needs.
What credit score do I need for a CRE loan?
Most commercial real estate lenders look for roughly 680+, along with property income and your overall financials. Owner-occupied buildings may also qualify for SBA 504.
How long does a CRE loan take to close?
Typically 30–60 days, since an appraisal and property review are part of underwriting.