Commercial Loan
With a commercial mortgage, the sky is the limit for your new project ideas
Are you an investor ready to commit to a new project? Or an entrepreneur who wants to develop his business? Whichever plan you have in mind, a commercial mortgage is a solution that will allow you to get cash or generate new income.
To ensure the success of your loan application, the Phenix team is here for you. No more missing on business opportunities. With our solid expertise in commercial loan, we will help you prepare a complete and concrete file that will quickly boost your business!
Secure Your Business
Expand your Business with a Commercial Mortgage
A commercial mortgage lets you get the cash you need to buy a property, enlarge your location or even secure your business debts. It is therefore a profitable financial strategy that will promote the success of your projects, whatever they may be! Here are some project ideas that demonstrate how you could benefit from obtaining a commercial loan:
- Building with 6 or more multi-units
- Office Building
- Nursery
- Industrial building, warehouse
- Retail business
- Restaurant, bar, hotel
- Retirement home
- Land for construction project
- More services...
Commercial mortgages are loans made to commercial property owners. This type of mortgages can be used for any type of business, but they are most commonly used for buying land and buildings, or refinancing them. Commercial mortgages are generally given by financial institutions, such as chartered banks and credit unions that have special expertise in this area.
Commercial mortgages are a type of investment property mortgage. However, the rates are highly dependent on the specific mortgage, property, and borrower conditions. For example, mortgages on stabilized properties with well-funded and reputable borrowers will get better rates than riskier mortgages on pre-construction condo developers with a short history.
If you are looking to invest in business real estate, you may be wondering about the best type of mortgage for your needs. Business mortgages can be tailored to meet a variety of risk profiles and provide interest rate savings over residential mortgages. Get answers from the experts and determine whether a commercial mortgage is the right solution for you.
Find the Lowest Rate Book an Appointment Now
Call us today and get the best rate guaranteed. Contacting one of our broker is like meeting with over 20 financial institutions. Get your project off the ground with a business fund. Our team will help you prepare a complete and concrete file to boost your business!
Did You Know...?
Commercial Mortgage Loans:
We’re here to support you in your new project ideas. Whether you want to invest or develop your business, a commercial fund is the solution for you! With our expertise in mortgage, we will help you prepare a complete application.
- If your business is owned or occupied, there are several financing options available to you.
- Depending on the area in which you operate, you will have access to different repayment terms.
- Depending on your project and your needs, you can choose between fixed or variable interest rates.
- Different government programs can help you get more funding.
With our in-depth knowledge of the rules and various options concerning fund, our brokers will help you maximize your demand for financing and present a compelling file. You will get your business fund and your cash more quickly and without any long delays. In addition, through our extensive network of traditional and non-traditional lenders, you will be offered extremely competitive rates!
In short, rest assured that the Phenix team will put all its experience and expertise to ensure your success.
