Purchase Money Loan
Commercial Purchase Mortgage
Choose a Commercial Real Estate Loan to purchase, refinance, or renovate your owner-occupied property.
Has your business grown out of its current location? A mortgage loan from ADM Financial Group can help you get that perfect space for your expanding company. So whether you’re buying retail space, office, warehouse, strip mall, hotel, multi-unit, or industrial site, our business experts will work hard to get the funds you need to reach your business goals. Our commercial mortgage loans offer competitive rates and flexible terms to help you invest in the future of your business. Plus we offer a variety of government-sponsored loan programs like the Small Business Association Loans (SBA Loans) specifically designed to meet key financing needs of small business owners.
The Long-Term Benefits of a Commercial Mortgage
Owning a commercial property has its benefits including:
Lower interest rates
Commercial property mortgages typically have lower interest rates than other unsecured borrowings. Choosing to have fixed monthly repayments means you can accurately use them in your business planning and forecasting, enabling you to structure the finance of your business with a bit more certainty.
Capital gains
Substantial capital gain can be made you when buy a commercial property. This can be a good way of realizing capital growth over a long period as (long term) property prices always rise.
Renting potential
If you have any additional space in or on the property you own you can monetize it by renting out the surplus space to generate additional income.
Financial planning
Commercial property mortgage payment plans usually extend for a number of years which allows a business to focus on other important business matters such as sales, monitoring overheads, and training staff.
No 'empty money' rent payments
Your mortgage payments will probably not cost you any more, per month, than what your equivalent rent would be. But as you own the building, your equity in the property will continue to grow with each mortgage payment, providing you with a more solid financial foundation.
Capital gains
Long-term property prices rise and buying your own premises is a form of investment – so long as the area, you are buying in is right. Business property prices can often rise quickly in a short space of time, making your investment a shrewd one.
Ending a mortgage
If you find yourself unable to pay your mortgage, or you need to move to bigger premises, or if you decide to close your business, you are still left with plenty of options if your mortgage is commercial. While getting out of a long-term leasing arrangement can often be difficult, a mortgage can still be covered if you decide to sell the premises or if you decide to rent it out and maintain the asset.
Applying For a Commercial Mortgage: What You Need To Know
What you will need to do
You will need to provide us with as much information and documentation as possible, including but not limited to:
- Commercial mortgage application form
- Proof of identity, address and income
- Assets, liabilities, income and expenditure documents
- Business & Personal bank statements
- Certified financial accounts for either the existing trading business or the target business.
- Details of the tenant and lease (for a commercial investment mortgage)
- Details of the property or agents sales particulars
- Up-to-date property schedule
We understand the complexities of running a business while finding the right commercial property. That’s why we work hard to make sure your bases are covered. Have confidence knowing you have a trusted lender to walk with you through each step of the commercial building loan process. Check out our current commercial real estate loan rates and apply today by filling out the form below, our business experts will contact you within 24 hours.