CRE
Commercial Real Estate Loans
Buy, refinance, or build your business property.
Commercial real estate loans finance the purchase, refinance, or construction of business property. Simply Approved Business Loans offers CRE loans from $250,000 to $25,000,000 with terms up to 25 years, fixed and variable rates, and SBA 504 options for owner-occupied properties.
Best for
- Owner-occupied commercial property
- Investment property acquisitions
- Refinancing existing CRE debt
- Construction & ground-up development
Key features
- LTV up to 90% (SBA 504)
- Fixed and adjustable rates
- Bridge loans available
- Cash-out refinance options
- Multifamily, office, retail, industrial
How CRE works
Commercial real estate (CRE) loans finance the purchase, refinance, or construction of income-producing or owner-occupied commercial property. They are secured by a first mortgage on the property and underwritten on a combination of property cash flow (DSCR) and borrower credit.
For owner-occupied buildings (where you operate your business), SBA 504 is the dominant product — 10% down, 90% financing across a bank first and an SBA debenture, fixed rates around 6.5% on the SBA portion.
For investment properties (rented to third parties), conventional CRE loans run 65–80% LTV at rates 7–9% with 5–25 year amortization. Multifamily, office, retail, industrial, and mixed-use all qualify.
Qualifications
| Down payment | 10% (504), 20–30% (conventional) |
| Min FICO | 660 (504), 680 (conventional) |
| Documents | 3 yrs tax returns, rent roll, appraisal, environmental |
| DSCR target | 1.20–1.35x |
Pros
- Up to 90% LTV (SBA 504)
- Fixed-rate options for long-term stability
- Long amortization (up to 25 years)
- Cash-out refinance available for equity access
- Section 1031 exchange compatible
Cons
- •30–75 day closing timeline
- •Appraisal and Phase I environmental required
- •Heavy documentation
- •Personal guarantee on owner-occupied
Common mistakes to avoid
- Skipping Phase I environmental
All commercial property transactions require a Phase I. Plan for $2,500–$5,000 cost and 2–4 week turnaround.
- Underestimating closing costs
Closing costs run 2–5% of loan amount: appraisal, environmental, title, recording, lender fees. Budget accordingly.
- Choosing rate over term
A 7-year balloon at 7% is risky if rates rise. A 25-year amortization at 8% may be cheaper long-term.
Real-world scenarios
A manufacturer bought its building via SBA 504 — 10% down, 25-year term, blended rate ~7.2%.
An owner refinanced a paid-down strip mall, pulling out $400k of equity for a second acquisition at 70% LTV.
When another product is a better fit
- SBA Loans →
If the property is owner-occupied (51%+ used by your business).
- Business Term Loan →
For a quick non-real-estate financing need where you don't want to encumber property.
How to apply
- 01
Property identification and offer
- 02
Submit financials and property details
- 03
Appraisal and underwriting
- 04
Closing and funding
CRE vs. other funding options
Side-by-side comparison of CRE against the most common alternatives. Use this to decide which structure fits your business stage, cash flow, and use of funds.
| Product | Amount | Term | Speed | Best for |
|---|---|---|---|---|
| CRE This page | $250,000 – $25,000,000 | 5 – 25 years | Closes in 30–75 days | Owner-occupied commercial property |
| SBA → | $50,000 – $5,000,000 | 5 – 25 years | Funded in 30–60 days | Real estate purchases |
| Term Loan → | $25,000 – $5,000,000 | 1 – 5 years | Funded in 2–7 days | Expansion, renovations, or buildouts |
| Equipment → | $10,000 – $5,000,000 | 1 – 7 years | Funded in 3–7 days | Trucking & fleet purchases |
FAQs about CRE
Lead-gen pre-check
See if you qualify for CRE
$250,000 – $25,000,000 · Closes in 30–75 days. Pre-qualification is free and doesn't affect your credit.
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Eligibility checker
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Underwriting disclaimer: The eligibility checker is a self-reported pre-qualification tool. It does not constitute an offer of credit or a guarantee of approval. Every funded file goes through full underwriting — including bank statement analysis, business verification, and a credit inquiry whose type (soft or hard) is disclosed before you sign. Final terms, rates, and amounts depend on underwriting and the specific lender or program.
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Related products
SBA Loans
Government-backed loans with the lowest rates (US only)
- Amount
- $50,000 – $5,000,000
- Speed
- Funded in 30–60 days
Business Term Loan
Fixed-rate financing for major investments
- Amount
- $25,000 – $5,000,000
- Speed
- Funded in 2–7 days
Equipment Financing
Up to 100% financing for the gear you need
- Amount
- $10,000 – $5,000,000
- Speed
- Funded in 3–7 days
Get funded in as little as 24 hours
$5,000 to $25,000,000. Free pre-qualification. No upfront fees. Same-day decisions for clean files.