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Commercial property loans are loans which are provided by different banks/ financial institutions for purchase of commercial property or against commercial property.
It is for buying an office or showroom or investment in commercial real estate.
Commercial property loans are provided by banks/ financial institutions like home loan and the same property is pledged as a security. Options available for commercial property loans are lesser than the options available for home loan.
Most institutions lend 55% - 80% of the value of the property provided the borrower having the ability to pay the instalment for such a loan.
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Verified509, B-09, ITL Twin Towers, Netaji Subhash Place, Pitampura, India
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