A commercial property loan is a financial product designed to facilitate the acquisition or development of non-residential real estate for business purposes. These loans are typically used by individuals or businesses to purchase, expand, or refinance commercial properties such as office buildings, retail spaces, industrial warehouses, or land for development. Commercial property loans are distinct from residential mortgages and come with their own set of terms and conditions.

Key points to consider when seeking a commercial property loan include the property's type, its location, the loan amount required, the loan-to-value ratio, the interest rate, the repayment term, and the borrower's creditworthiness and financial stability. Lenders may also assess the property's income potential and overall market conditions to determine the loan's terms.

Commercial property loans offer the advantage of enabling businesses to secure physical locations for their operations or investment opportunities. They often come with flexible terms and may offer various repayment options, such as fixed or variable interest rates. These loans can be vital tools for entrepreneurs and investors looking to establish or expand their commercial real estate holdings.