Commercial Loans Arizona
There are 3 types of commercial real estate loans; The traditional commercial mortgage of the 5-25-year; The interest rates are 4.5% – 7.5% and usually variable with a balloon payment at amortization. The SBA 7(a) loan for commercial real estate with the 10-25-year term and fully amortized. The rate of interest may be variable at 5.5% – 6.
"I have been thoroughly impressed with the professionalism and business acumen of executives and board members I have worked with at Commerce Bank. There truly is a difference in working with a hometown lender that has the experience, knowledge, and resources to get complex loans done for qualified clients.