Commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital gain or rental income.
Commercial property includes
- Office buildings,
- Iindustrial property,
- Medical centers,
- Hotels,
- Malls,
- Retail stores,
- Farm land,
- Multifamily housing buildings,
- Warehouses,
- Garages.
In many states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.
Commercial Loan Purpose
Publish on March,29 2018
by YieldFinda
Comments(0)
A commercial loan can be utilized for various purposes associated with the property i.e. it can be either investment or business in nature. Most people are easily confused when trying to understand commercial loan purpose. Sometimes the loan purpose determines the security applied to cater for commercial property. Purchase The commercial loan proceeds that a…
Understanding a Commercial Loan Refinance
Publish on February,19 2018
by YieldFinda
Comments(0)
It is clear that refinancing is one of the best ways that an individual can meet borrowing requirements and other investment objectives. But don’t become too excited yet! The refinancing opportunity is not extended to every business loan since there are some business loans that it is not possible to refinance them. But all in…
Receiving Approval for Commercial Loans
Publish on February,14 2018
by YieldFinda
Comments(0)
When it comes to lending huge sums of money to individuals or organizations, banks and other kinds of lending institutions are usually reluctant. They usually tread cautiously when determining the amount allowable to be disbursed depending on certain attribute benchmarks that aimed at reducing the inherent risks. Small businesses that have less or no proven…
Australian Commercial Property Loans Overview
Publish on February,02 2018
by YieldFinda
Comments(0)
In the Australian commercial property loan market, there exist commercial property loans in a wide variety. Even more confusing, they operate the same way as residential home loans. When financing your investment through commercial property loans, you have fixed rate, variable rate, fixed and variable rate combination, interest-only, interest with principal loan options. Commercial property…
Essential Commercial Interest Rate
Publish on December,08 2017
by YieldFinda
Comments(0)
When you as an investor are securing a loan for your business to purchase some commercial properties, interest rates are a critical factor that you shouldn’t treat casually. A small change in the interest rates matters as it will determine the amount payable during the loan payment period. In Australia, the Reserve Bank of Australia…
Types of commercial loans
Publish on August,23 2017
by YieldFinda
Comments(0)
Comparatively, residential loans cater for dwelling places like single-family houses and condos. Commercial loans cater for commercial places like multifamily homes, hospitals, restaurants, and other businesses making them technical in nature. Based on the business type and financial needs, Types of commercial loans exist in various types. Types of Commercial Loan Types Low Doc…