Our commercial real estate loans are as diverse as your needs. When you’ve found the perfect commercial site, Charlotte State Bank & Trust’s local commercial real estate lending experts will help you secure it at a competitive rate. We offer a full range of real estate loans, including construction-to-permanent loans for owner-occupied properties and loans for cash-flowing investment commercial real estate. We also provide personal service focused on meeting all of your needs.
Loans subject to credit approval.
Commercial real estate loans are mortgages used exclusively for commercial real estate, which is a business’s income-producing property. The typical range of the loan is between 5-20 years, with the amortization period often longer than the term of the loan.
Bankers are involved in the process of creating commercial real estate loans. When you’re working with a bank, the loan qualification process usually requires the following information:
Charlotte State Bank & Trust is home of the no surprises loan process. Contact us to speak with one of our lending experts.Learn More
Businesses use a commercial real estate loan to buy commercial property for income-producing purposes.
Commercial real estate loan terms typically include a term range from 5-20 years. The amortization period, which refers to the schedule of payments to pay off the loan, is typically longer than the loan term. For example, a commercial real estate (CRE) loan might have a term of seven years and a 30-year amortization, which means the monthly payments during the seven years are determined as if the loan were to be paid off over 30 years.
While most banks include a final payment called a “balloon” payment where the entire balance of the loan is paid off, one of the key factors that differentiates CSBT from other banks is that we do not do balloon payments, which saves you from a potentially large financial burden. We’re not here to spring any surprises on you—not with payments or terms.
To learn more, contact us and we’ll be happy to provide guidance.
We offer a full range of commercial real estate loans that Florida business owners require. These CRE loans can be used for the following types of businesses or real estate properties:
Commercial real estate loan interest rates fluctuate often and depend on the commercial real estate loan requirements and structure.
The four main interest rate drivers include:
A business term loan is a specific amount of borrowed money that is paid back on a fixed schedule, or term. Term loans usually have a fixed interest rate or a variable rate that adjusts based on the market. Term loans are used for business needs, such as equipment purchasing or office space renovation.
A commercial real estate loan is an amount of money used specifically for property, either for the purchase of an already existing structure or to build the structure. The commercial real estate loan process can often be more stringent.
Our commercial real estate loans are as diverse as your needs. When you’ve found the perfect commercial site, Charlotte State Bank & Trust’s local commercial real estate lending experts will help you secure it at a competitive rate. Our loan experts will walk you through the commercial real estate qualifications needed to acquire the loan.
We offer a full range of real estate loans, including acquisition and development, construction, and permanent loans. Over the years, we have provided loans for owner-occupied commercial real estate, investment commercial real estate, and special purpose properties.
Need commercial real estate loans explained in greater detail? Contact us today.
Contact us now for all your loan needs.