What types of properties can be financed with this loan?

Commercial property purchase loans allow investors, businesses, and developers to finance acquiring real estate for eligible commercial activities. Some common property types that can be funded with such loans are:

• Office buildings: For businesses seeking to purchase or construct office space as owner-occupants. They also work for investors looking to lease out offices.
• Retail properties: To purchase stores, shopping complexes, restaurants, showrooms, etc.
• Industrial facilities: To fund manufacturing plants, warehouses, production facilities
• Multifamily housing: To fund purchase of apartment complexes, villas, and duplexes when leased out for rental income
• Hotels, resorts, restaurants: To purchase hospitality properties that generate visitor occupancy revenue
• Mixed-use developments: Used to fund mixed use, combining commercial, retail and multifamily units
• Raw land: To purchase land that is zoned for approved commercial development and has specific plans for future use
• Renovation/rehabilitation projects: To upgrade functionality or appearance of commercial property

Note: It is important to remember that commercial property purchase loans are meant for income-producing properties only, not personal residential real estate. Speculative investment is also generally not accepted.