Commercial Real Estate Loans

Ready to expand your business footprint, refinance existing property debt, or invest in income-generating real estate? Commercial Real Estate (CRE) loans provide the capital to acquire, refinance, or develop properties like offices, retail spaces, or investment complexes, secured by the property itself. Whether you’re purchasing an owner-occupied office, refinancing a warehouse, or investing in multifamily housing, LoanBox connects you with SBA and conventional lenders across states, offering diverse loan proposals tailored to your goals.

Office Building or Condo

Purchase 51% owner occupied commercial real estate.

Refinancing RE Loans

Refinancing options for existing commercial real estate loans.

Investment Real Estate

We match business owners advisors with our local lenders for investment property loans.

Office/Condo/Property

Purchasing or developing 51% owner-occupied commercial real estate (e.g., offices, condos, warehouses) allows you to control your business’s home base while building equity.

SBA Financing:

  • 7(a) Loans: Up to $5M for purchasing or constructing owner-occupied properties, with terms up to 25 years for real estate. Requires 51% owner-occupancy, 10% equity injection (waivable with 9:1 debt-to-worth ratio), and business assets as primary collateral.

  • 504 Loans: Up to $5.5M for major fixed assets (e.g., land, buildings), with fixed rates and terms up to 25 years. Involves a CDC, 10% minimum down payment, and property as collateral. Ideal for large-scale projects.

Conventional Bank Financing:

  • Local/community banks offer term loans for owner-occupied CRE, with terms of 5–15 years, and 75–85% LTV (15–25% down payment). Existing bank customers may get lower rates or faster approvals (1–2 weeks).

Advantages:

  • SBA: Lower rates, longer terms, and flexible equity injections for owner-occupied properties.

  • Conventional: Quicker approvals and local expertise from community banks.

Considerations:

  • SBA: Requires 51% owner-occupancy and additional paperwork (e.g., CDC for 504).

  • Conventional: Higher down payments and shorter terms increase upfront costs.

Refinance

Refinancing existing CRE debt for owner-occupied properties or eligible investment properties lowers rates, extends terms, or frees up cash flow.

SBA Financing:

  • 7(a) Loans: Refinance owner-occupied CRE debt up to $5M, with terms up to 25 years. Requires 51% owner-occupancy, a DSCR of 1.15+, and proof the refinance improves cash flow (e.g., lower payments). Property serves as collateral; 10% equity injection may apply.

  • 504 Loans: Limited to refinancing owner-occupied CRE debt (51%+ occupancy) used for eligible purposes, with terms up to 20 years. Involves a CDC and stricter eligibility (e.g., no speculative properties).

Conventional Bank Financing:

  • Local/community banks refinance owner-occupied or investment CRE debt, with terms of 5–15 years, and 75–85% LTV. Existing customers benefit from streamlined approvals and potentially lower rates. Refinancing investment properties is common with community banks.

Advantages:

  • SBA: Longer terms and lower rates reduce payments; 7(a) offers flexibility for mixed-use properties.

  • Conventional: Faster processing and broader eligibility for investment properties.

Considerations:

  • SBA: Limited to owner-occupied or specific investment properties; requires environmental reports.

  • Conventional: Higher rates and prepayment penalties may apply.

Investment Real Estate

Investing in income-generating properties (e.g., multifamily, retail, self-storage) builds wealth through rental income or appreciation, typically financed by conventional loans.

SBA Financing:

  • 7(a) Loans: Limited to investment properties if tied to business operations (e.g., mixed-use with 51% owner-occupancy), with terms up to 25 years. Rarely used for pure investment due to SBA restrictions.

  • 504 Loans: Generally not available for investment properties, as they prioritize owner-occupied CRE.

Conventional Bank Financing:

  • Local/community banks are key players, offering term loans for investment properties like apartments or retail centers, with terms of 5–15 years, and 70–80% LTV (20–30% down payment).

Advantages:

  • Conventional: Broad eligibility for multifamily, retail, or self-storage; local banks offer personalized service.

  • LoanBox: Access to diverse proposals from lenders in multiple states, maximizing options.

Considerations:

  • SBA: Rarely applicable due to owner-occupancy rules.

  • Conventional: Higher down payments and stricter underwriting for investment properties.