man working at a manufacturing plant

Commercial Real Estate

What Is A Commercial Real Estate Loan?

 
Commercial real estate loans are funding options that allow companies access to capital specifically for purchasing commercial real estate or renovating commercial real estate. The property that a borrower purchases or improves with the funding from a commercial real estate loan will, in turn, become the collateral for that very loan.
 
IncredibleBank offers a wide variety of business real estate loans options and finding the right one can determine how successful your commercial real estate project turns out. Your choice will also impact how much time you spend on the application and paperwork versus how much time you have to invest in your property.
 
Many people assume that a commercial real estate loan (also called a commercial mortgage) is similar to a residential mortgage, but that’s not really true.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
man welding at work

My Incredible?

1.6 million square feet of production space; under one roof, of course.

Mark Matthiae has been self-employed for over 40 years. He might have started alone, but now he has 850 employees standing alongside him to fabricate and finish aluminum and plastic parts. 

Crystal Finishing, IncredibleBank Customer

How To Qualify For A Commercial Real Estate Loan

Commercial real estate loan requirements, as with any business loan, vary based on what your exact needs are. Since commercial real estate is such a large, capital-intensive investment, we’ll typically take a close look at your company, and also the property. Here’s what your IncredibleBank considers when you submit an application for a commercial real estate loan.

 
  • Your Credit Score
  • Real Estate Collateral Value
  • Length of Time You’ve Been in Business
  • Debt Service Coverage Ratio (your ability to pay the debt)
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

More Banking Options For Your Business

Woman looking at her business checking account on her smart phone

Business Checking

When you open a business checking account from IncredibleBank, you’re not just opening opportunities for success, you’re opening a relationship with a bank that actually cares about what makes life incredible for you.
 

Woman using the IncredibleBank mobile app

Mobile App

Stay in control of your finances even when you're out of the office. Pay bills anytime, deposit checks, check balances, view transactions, and transfer funds with our IncredibleBank business app.
 

Business Services

We know managing business cash flow can be challenging, which is exactly why we offer several business solutions to help you find your incredible.