Commercial loans include loans for the purchase of a business, loans for business operations and commercial real estate loans. A commercial real estate loan can be used by a business owner to purchase commercial real estate for investment or business use. It can also be used by people who are working for investment purposes. A commercial real estate loan has many of the same features as a home loan, but the loan ratio, interest rate, and income requirements are different.
Commercial Loan
Commercial Property Loan
As with home loans, the same issues are involved with real estate, including borrower credit, collateral, loan documentation, loan appraisal, loan contract execution, and loan administration.
However, commercial properties involve business operations, making commercial loans more complex and requiring more professional assistance.
The properties offered as collateral can be factories/warehouses, retail stores, commercial office buildings and complete units (including 4 units or more), and kindergartens.
Once the lender is interested in the loan package, a formal application can be submitted.
Advantages of Commercial Loans
Reasonable Tax Shelter： A business loan is a very effective way to avoid taxes. This is because all interest payments on your business loan are included in your business expenses, while depreciation on, for example, a commercially purchased property or vehicle can be made tax deductible.
Risk Share： The bank's willingness to lend you money to go into business or expand your business is, from a side perspective, the bank taking on the risk of your business with you.
Unlike home loans, business loans vary from case to case, so each person's specific situation is different. AMG recommends that you make a detailed loan plan with a regular credit company before borrowing money from a bank.
Commercial Loan Application Requirements
In general, PR, business visa holders, and some TR are eligible to apply.
*Please contact a loan broker for specific details and we will give you a detailed answer.