More Products, Better Service — NMLS #112844
Commercial loans are financing products designed to meet the capital needs of businesses, from small companies to large enterprises. Unlike residential mortgages that finance personal home purchases, commercial loans fund business-related objectives including real estate acquisition, equipment purchases, inventory financing, tenant improvements, and operational cash flow.
Commercial loan structures vary significantly based on the purpose, collateral, and borrower profile. Term loans provide a lump sum with fixed or variable rates over a set repayment period. Lines of credit offer revolving access to capital as needed. SBA-backed programs provide government-guaranteed financing with favorable terms for qualifying small businesses.
PierPoint Mortgage specializes in commercial real estate loans that finance the purchase, refinance, or development of business property including office buildings, retail spaces, industrial facilities, multi-family apartments (5+ units), and mixed-use properties. Our extensive lender network ensures competitive rates across property types and borrower profiles.
Finance the purchase, refinance, or cash-out of commercial property including offices, retail, industrial, multi-family (5+ units), and mixed-use buildings.
Government-backed loans with lower down payments and longer terms. SBA 7(a) for general business purposes and SBA 504 for major real estate and equipment purchases.
Short-term financing (1-5 years) used to bridge the gap between an immediate capital need and long-term financing. Common for property acquisitions and value-add renovations.
Loans or leases secured by the machinery, vehicles, technology, or other equipment being purchased. The equipment itself serves as collateral.
Lump-sum disbursement repaid over a fixed period with predictable monthly payments. Available with fixed or variable interest rates.
Revolving credit facilities that allow businesses to draw funds as needed, pay them down, and draw again. Used for working capital and managing cash flow cycles.
Discuss your business financing objectives with a PierPoint commercial specialist. We evaluate the project scope, property details, and borrower qualifications to identify the best lending programs.
Submit business tax returns, financial statements (balance sheet, P&L, cash flow), bank statements, rent rolls (for income properties), and personal financial statements.
We match your project to the optimal lender and program from our network. Different lenders specialize in different property types, loan sizes, and borrower profiles.
A commercial appraisal determines property value. The underwriter reviews business financials, property cash flow, borrower credit, and collateral to finalize the loan decision.
The lender issues a loan commitment with finalized terms including rate, fees, prepayment provisions, and conditions to close.
Legal documents are prepared, title is transferred or refinanced, and funds are disbursed to complete the transaction.
Commercial loans provide the substantial capital that business growth requires, from six-figure equipment purchases to multi-million-dollar property acquisitions.
Loan terms, repayment schedules, and rate structures can be customized to match your business’s cash flow patterns and growth trajectory.
Interest payments on commercial loans are typically tax-deductible as business expenses. Real estate depreciation provides additional tax advantages.
Owning commercial property builds equity over time while providing stable, predictable occupancy costs compared to leasing.
Government-backed options offer lower down payments (as low as 10%), longer terms (up to 25 years), and below-market rates for qualifying businesses.
Commercial loans serve business owners and investors who need capital for real estate, equipment, expansion, or operations. If you are purchasing or refinancing commercial property, a commercial mortgage provides long-term financing at competitive rates with the added benefit of equity accumulation.
Small business owners who want to buy rather than lease their operating space benefit from SBA-backed programs that offer lower down payments and longer terms than conventional commercial loans. The SBA 504 program is particularly attractive for owner-occupied properties, with down payments as low as 10%.
Real estate investors targeting multi-family properties with 5 or more units, retail centers, office buildings, or industrial facilities use commercial loans as their primary acquisition and refinance tool. The loan is underwritten based on the property’s income-producing capability, making it accessible to investors with strong property portfolios.
Standard documentation includes 2-3 years of business tax returns, profit and loss statements, balance sheets, bank statements, personal financial statements, business licenses, entity documents, and a rent roll or property operating statement for income-producing properties.
Most commercial lenders require a minimum personal credit score of 660 to 680 for the guarantor(s). SBA programs may accept scores as low as 650 with strong compensating factors such as significant collateral or business cash flow.
Commercial loans typically close in 30 to 90 days depending on complexity. SBA loans tend to take 60 to 90 days due to the government review process. Bridge loans can close in as little as 14 to 30 days.
Most commercial loans for small and mid-size businesses require a personal guarantee from owners with 20% or more ownership. This means the guarantor’s personal assets are at risk if the business defaults on the loan.
Yes. Commercial refinancing can lower your interest rate, extend your term, reduce monthly payments, or extract equity through a cash-out refinance. PierPoint can evaluate your current loan terms against available programs to determine if refinancing makes financial sense.
View All Service Areas →
Speak with an experienced PierPoint Mortgage loan officer today. We will help you find the right loan for your goals and guide you through every step of the process. Call (231) 737-9911 for a free consultation.
NMLS #112844 · Equal Housing Opportunity · No credit pull required to start
NMLS #112844
Refinance your existing mortgage to reduce your monthly payment.
Disclosure: By refinancing your existing loan, your total finance charges may be higher over the life of the loan. PierPoint Mortgage, LLC • NMLS ID #112844 • nmlsconsumeraccess.org
3088 Sheffield St. STE BMuskegon, MI 49441
(231) 737-9911
shannon@pierpointmortgage.com
NMLS Consumer Access
© 2026 PierPoint Mortgage LLC - NMLS #112844
