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Commercial Loans
What Are Commercial Loans?
Commercial loans are financing products specifically designed to meet the financial needs of businesses, from small companies to large enterprises. These loans help cover everything from equipment purchases and cash flow support to real estate investments and corporate expansion
Common Types of Commercial Loans
- Term Loans
Lump sum disbursement, repaid over a set term with fixed or variable interest. Ideal for one-time capital expenditures like equipment, expansion, or renovations - Lines of Credit / Revolving Credit
Flexible funding, you draw down as needed and repay over time. Great for managing seasonal cash flow or inventory fluctuations - Commercial Real Estate Loans
Used to acquire, refinance, or develop business property. These loans typically run 5–20 years and use the property as collateral - Equipment Financing
Loans or leases secured by machinery, vehicles, or technology. Terms often match the lifespan of the asset
- SBA‑backed Loans (e.g., 7(a), 504)
Partially guaranteed by the U.S. Small Business Administration, making them accessible even for smaller firms - Bridge Loans / Mini‑Perm Loans
Short‑term financing (1–5 years) is designed to bridge gaps in financing or fund transitional projects - Asset‑Based & Cash‑Flow Loans
Loans secured by receivables, inventory, or backed by projected business cash flow
Why Choose Commercial Loans?
- Large Capital Access for significant business investments
- Tailored Terms- choose between interest types, repayment schedules, and collateral options
- Potential Tax Benefits- loan interest may be deductible for your business.
- Improved Cash Flow- manage operational needs more effectively with flexible facilities.
How to Qualify
Lenders typically evaluate:
- Business history and creditworthiness
- Financial health via balance sheets, P&L, and cash flow statements
- Collateral value (real estate, equipment, receivables)
- Personal guarantees from owners in many cases
Our Process: Securing Commercial Financing
- Initial Consultation - We assess your borrowing needs.
- Loan Matching - We evaluate the best type of loan for your goals.
- Financial Review & Application - Help gather documentation such as business plans, financials, and collateral proof.
- Underwriting & Approval - We liaise with lenders to secure optimal terms.
- Loan Closing & Funding - Finalize terms, close the loan, and disperse funds.
Why Partner with PierPoint Mortgage?
- Specialized Expertise - We handle everything from traditional commercial real estate loans to SBA programs.
- Extensive Lender Network - Access competitive offers from banks, credit unions, and SBA-approved lenders.
- Hands‑On Support - Our team manages applications, underwriting, and closing - so you stay focused on your business.
Frequently Asked Questions (FAQs)
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What is the typical term length for a commercial loan?
Commercial loans generally range from 1 to 25 years, depending on the loan type. Real estate loans tend to have longer terms (10–25 years), while equipment or bridge loans may be shorter (1–5 years).
- Do I need collateral to qualify for a commercial loan?
- Can a new business qualify for a commercial loan?
- How long does it take to get approved for a commercial loan?
- What documents are needed to apply?
PierPoint Mortgage provides mortgage refinancing services across the USA, including Alexandria, Atlanta, Auburn, Bay City, Dearborn, Denver, Grand Rapids, Los Angeles, Miami, Norton Shores, New Orleans, Norwalk, Philadelphia, Portland, Stamford, Seattle, Tulsa, Wetumpka, and the surrounding areas.