Park Place Financial offers commercial loans for business owners and investors. We can help you lock down financing for commercial real estate, including office, multi-family, new construction, retail, and more. We work with a large network of lenders to ensure the most competitive rates and terms.
COMMON TYPES OF COMMERCIAL LOANS:
- Permanent Loan –Similar to a residential mortgage, a permanent loan is the first loan on a commercial property. This loan has a minimum 5-year repayment term.
- Small Business Association (SBA) Financing – The SBA ensures multiple loan programs through approved lenders. There are two types of SBA loans that are commonly used to pay for commercial real estate.