Get the Right Financing for Your Commercial Real Estate Project

Securing commercial real estate financing is often integral to getting a project off the ground. Progressive Commercial Financial provides a wide range of commercial real estate loans designed to satisfy the financial needs of borrowers, including investment and owner occupied properties. No matter the size of your transaction, our skilled team is well-equipped to find the best financial solution.

SBA 7a and 504 Loans

Progressive Commercial Financial provides some of the most attractive terms in the industry for SBA 7a and 504 loans for owner occupied properties, including flagged and non-flagged hotels. We have rates starting as low as 4.5 percent for a maximum of 25 years.

Conventional Loans

Our conventional commercial real estate loan programs are for borrowers seeking $200,000 to $1 million for stabilized investment or owner occupied properties including office buildings, multifamily, hotels and mobile home parks. We offer rates starting as low as 3.75 percent with LTV’s up to 75% on 10 year terms with 30 year amortizations.

Commercial Mortgage Backed Securities

Commercial mortgage backed securities (CMBS) loans are another way to finance commercial real estate projects. Some of the benefits of CMBS loans include:

• Attractive interest rates
• Non-recourse debt
• 10 year fixed terms with 30 year amortizations
• Ability to cash out

CMBS loans are available in amounts of $1 million to $50 million for the following types of properties:

• Office buildings
• Multi-family
• Retail
• Hotels
• Shopping centers

Equity and Mezzanine Financing

Progressive Commercial Financial also offers equity and mezzanine financing solutions. We have access to a variety of capital sources for these types of transactions. Loan amounts range from $5 million to over $100 million.

HUD and FHA

Our HUD and FHA loan programs can be used for purchases, refinancing, and new construction. Some of the benefits include.

• Long terms
• Full amortization
• Fixed rates
• Non-recourse loans
• $2 million to $50 million loan amounts

Construction Financing

Progressive Commercial Financial offers construction financing as well. Loan amounts typically range from $10 million to over $100 million.

International Financing

Financing for international construction projects is another specialty and can provide loans in the $50 million to $ 1 billion range for these projects.