Commercial Property Purchase Loan

To achieve complete self-reliance, a flourishing business needs the right room to grow. Even if you find the property that fits your vision arranging for its finances may not be easy. At creative finserve pvt ltd we understand your requirements when it comes to business expansion opportunities or the possibilities of a new business idea. And that's why our commercial property purchase loan make sure that you don't have to compromise on your choice of property and get complete freedom to run your venture the way you want.
A commercial property purchase loan is a loan that uses commercial property as collateral. A commercial property purchase loan is a business loan which is secured against a commercial property. Commercial property purchase loan are often used to buy business premises, such as offices, shops, restaurants.
While residential mortgages are typically made to individual borrowers, commercial property purchase loan is often made to business entities (e.g., corporations, developers, partnerships, funds and trusts). These entities are often formed for the specific purpose of owning commercial real estate.
A commercial property purchase loan is a loan for a property that is used for business purposes. It's probably the best way to finance the purchase of office for business because it provides a flexible and affordable solution that gives you access to capital. A commercial property purchase loan can be used to buy most types of commercial buildings, such as shops and offices, for both new and existing businesses.
Interest rates on commercial property purchase loan are generally higher than on residential loans. Unlike residential loans, the terms of commercial loans are smaller. In commercial property purchase loan ltv (loan to value) is normally up to 50% subject to income eligibility.