Mercantil Commercebank’s Commercial Property Financing enables small business owners to access funds for purchasing or refinancing commercial property with a fixed or variable interest rate. Mercantil Commercebank’s large financing capacity offers Owner-Occupied products featuring competitive loan origination fees on the purchase or refinance of buildings, warehouses, medical offices, and industrial buildings.
owner-occupied product benefits:
- No Points
- Terms of up to 10 years
- Lock in a fixed rate for 3 years
- Free Business Checking Account* and Free VISA® Business Check Card, plus a Repo Account at a competitive rate
- No appraisal fee on loans under $1 million**
- Up to 80% LTV (Loan to Value Ratio)
- Amortization up to 25 Years
- Free state-of-the-art Business Online Banking
For more information regarding our Commercial Property Financing products please contact our Commercial Lending experts at (305) 460-4032 or visit your nearest Mercantil Commercebank Banking Center.
*50 free checks and 50 free deposits per month with $1,000 minimum daily balance.
** The appraisal cost will be waived in loans of less than $1MM.
Rev.: November 20, 2008 | Back to top
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