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Commercial-Real-Estate-Loans

Are you looking for a commercial mortgage from a lender that will treat your business like the unique entity it is? First National Bank and Trust (FNBT) is focused on family business, because we are one! Our community bank is headquartered in Beloit, WI, and serves communities throughout Northern Illinois and Southern Wisconsin. FNBT branch locations include Argyle, Beloit, Clinton, Delavan, Darien, Elkhorn, Argyle, Williams Bay, Roscoe, Rockton, Janesville, Monroe, Walworth, and Winnebago.
When you apply for a business real estate loan in Wisconsin or Illinois with us, decisions are made in-house and we're committed to providing your business with the highest level of customer service. Find out what your loan payment would be with our business loan calculator.

What Is A Commercial Real Estate Loan?

A business real estate loan is specifically for purchasing, developing, and building new or existing Commercial real estate (CRE). Essentially, CRE is an income-producing property zoned and used for commercial purposes.
For example, shopping centers, office buildings, and hotels are some of the most common types of CRE.

Commercial Real Estate Loan Features

  • The borrower is a business entity such as a corporation, developer, limited partnership, fund, or trust.
  • Terms for commercial mortgages typically range from five years or less to 20 years.
  • A larger down payment is generally required for a business mortgage–20-35% depending on the financial state of your business.
  • The loan is secured with a lien on the property being financed.

How To Prepare For The Application Process

Be prepared by getting the following documents organized in advance:
  • Business tax returns
  • Your books, records and financial reports
  • Last three months or more of bank statements
  • Details regarding collateral
  • Third-party appraisal of the property
  • Business plan

Apply For A Commercial Real Estate Loan In Southern Wisconsin Or Northern Illinois!

We make business loans easy and offer Sound Advice to help you be successful. You can see what your loan payment would be with our business loan calculator . We can also help with your business loan rates. If you want to forget “business as usual”, you’ve come to the right place! Meet with a business lender at an office near you. FNBT has convenient locations in Argyle, Beloit, Clinton, Darien, Delavan, Elkhorn, Janesville, Monroe, Walworth, and Williams Bay, WI and Rockton, Roscoe, and Winnebago, IL.