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What is a Commercial Mortgage?

A commercial mortgage is a loan specifically designed for purchasing, refinancing, or improving commercial properties, such as office buildings, retail spaces, warehouses, or industrial facilities. Unlike residential mortgages, commercial mortgages typically have different underwriting criteria and are secured by the property itself.

These loans come with various terms, including fixed or variable interest rates, and repayment periods that can range from a few years to several decades. The amount you can borrow often depends on the income generated by the property and the overall financial health of your business.

Commercial mortgages provide businesses with the opportunity to invest in real estate, expand operations, or consolidate existing debts. By leveraging property as collateral, you can access significant capital while retaining ownership and control of your assets.

Why choose Summit Commercial Finance for your commercial mortgage?

At Summit Finance, we understand that every commercial property transaction is unique. Our experienced team is here to guide you through the mortgage process, helping you find the best financing options tailored to your business needs. With access to a wide range of lenders, we can secure competitive rates and favourable terms, empowering you to make informed investment decisions.

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