Commercial Real Estate Loans
Secure financing for your commercial property acquisition, development, or refinancing with competitive rates and flexible terms.
Key Details
Interest Rates
Rates vary based on loan term, property type, and borrower qualifications
Repayment Terms
Amortization schedules available up to 30 years with shorter term options
Quick Approval
For qualified applicants
Eligibility Criteria
- Minimum credit score of 650 for primary applicant
- At least 2 years in business operation
- Debt service coverage ratio (DSCR) of 1.25 or higher
- Minimum 20% down payment or equity in the property
- Property must be owner-occupied or investment property
- Clean property title with no major liens or encumbrances
- Demonstrated cash flow to support loan repayment
Important Note
Meeting the eligibility criteria does not guarantee loan approval. Each application is evaluated on a case-by-case basis, considering multiple factors including credit history, business performance, and market conditions.
Associated Fees
| Fee Type | Description |
|---|---|
| Origination Fee | 0.5% to 2% of the loan amount, depending on loan size and complexity |
| Appraisal Fee | $2,000 - $10,000, varies based on property size and type |
| Environmental Assessment | $1,500 - $6,000 for Phase I assessment, additional costs for Phase II if required |
| Title Insurance | Varies based on loan amount and property location |
| Legal Documentation | $1,000 - $5,000 depending on complexity of the transaction |
Additional fees may apply based on specific circumstances. Please consult with your Fargin Capital advisor for a complete breakdown of all potential costs associated with your loan.
Key Benefits
Competitive interest rates with fixed and variable options
Flexible loan structures tailored to your specific needs
Loan amounts from $250,000 to $50 million
Fast approval process with dedicated relationship manager
No balloon payments on select loan programs
Interest-only periods available for qualified borrowers
Financing available for a wide range of commercial property types
Cash-out refinancing options to access equity
Frequently Asked Questions
What types of commercial properties do you finance?
We provide financing for a wide range of commercial properties including office buildings, retail centers, industrial facilities, multi-family apartment complexes, hotels, self-storage facilities, and mixed-use developments.
How long does the approval process take?
Initial pre-approval can be obtained within 24-48 hours. The full approval process typically takes 30-45 days from application to closing, depending on the complexity of the transaction and how quickly required documentation is provided.
Is there a prepayment penalty?
Some of our loan programs include prepayment penalties, typically declining over the first 3-5 years of the loan term. We also offer options with no prepayment penalties for borrowers who prioritize flexibility.
What is the minimum down payment required?
For most commercial real estate loans, we require a minimum down payment of 20%. However, this may vary based on property type, borrower qualifications, and specific loan program. SBA loans may allow for down payments as low as 10%.
Do you offer interest-only payment options?
Yes, we offer interest-only payment periods for qualified borrowers, typically for the first 1-5 years of the loan term. This can help maximize cash flow during the initial ownership period or during property improvements.
Ready to Get Started?
Our team of experienced loan advisors is ready to help you secure the financing you need for your business.