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Commercial Real Estate

Acquire, refinance, or cash-out on commercial properties with competitive rates and flexible terms.

LOAN RANGE

$500K – $50M

TURNAROUND

2–4 weeks

Best for investors and business owners looking to acquire, refinance, or pull equity from commercial properties including office, retail, industrial, multifamily, and mixed-use assets.

About Commercial Real Estate

Commercial real estate financing covers the acquisition, refinance, or cash-out of income-producing and owner-occupied commercial properties. Available from $500,000 to $50,000,000, these loans are structured for office buildings, retail centers, industrial warehouses, mixed-use properties, multifamily complexes, hotels, self-storage facilities, and other commercial asset types.

Commercial real estate loans differ from residential mortgages in several important ways. Underwriting focuses heavily on the property's net operating income, debt service coverage ratio, and market fundamentals rather than solely on the borrower's personal income. Loan terms are typically structured with amortization periods of 20 to 30 years but may include balloon payments or rate resets at 5, 7, or 10 years.

Slate Financial offers multiple CRE financing products including bridge loans for transitional properties, permanent financing for stabilized assets, SBA 504 loans for owner-occupied properties, and CMBS conduit loans for larger commercial transactions. Our team works with you to identify the right loan structure based on your property type, investment strategy, and financial profile, then matches you with the most competitive lender in our network.

How It Works

  1. 1Submit your application with property details, financial statements, rent rolls (if applicable), and borrower information so we can assess the deal.
  2. 2Our commercial lending team analyzes the property's income, expenses, valuation, and your financial strength to determine the optimal loan structure.
  3. 3We present loan options from our lending partners, detailing the rate, term, amortization, prepayment structure, and required reserves.
  4. 4Upon acceptance, the lender orders an appraisal, environmental report, and title work. Your loan moves through underwriting and legal review.
  5. 5At closing, funds are disbursed through an escrow or title company. The entire process typically takes 2 to 4 weeks for bridge loans and 30 to 60 days for permanent financing.

Who Qualifies

  • Commercial property with demonstrated or projected net operating income sufficient to cover debt service (DSCR of 1.20 or higher preferred)
  • Borrower or sponsor with a net worth at least equal to the loan amount (varies by lender and deal size)
  • Prior commercial real estate experience (first-time investors may qualify with stronger financial profiles)
  • Personal credit score of 650 or higher for the borrower or guarantor
  • Minimum 10% to 25% equity or down payment depending on property type and loan program
  • Clean title and acceptable environmental conditions on the subject property

Typical Terms

Loan Amount$500,000 - $50,000,000
Interest Rate5.5% - 12% (varies by product and risk)
Loan Term1 - 10 years (bridge: 12-36 months)
Amortization20 - 30 years (interest-only available)
LTV (Loan-to-Value)Up to 75-80% for stabilized assets
DSCR Requirement1.20x or higher

Pros & Cons

Advantages

+Competitive interest rates, especially for stabilized, income-producing properties with strong occupancy
+Long amortization schedules (20-30 years) keep monthly payments manageable relative to property income
+Non-recourse options available for qualified borrowers, limiting personal liability
+Interest and depreciation deductions provide significant tax benefits to commercial property owners

Considerations

-Requires significant documentation including appraisals, environmental reports, rent rolls, and entity documents
-Closing timeline is longer than business loans (typically 2 to 8 weeks depending on loan type)
-Prepayment penalties or yield maintenance provisions may apply for the first several years of the loan
-Down payment requirements of 20-35% mean substantial capital is needed at closing

Ready to Apply for Commercial Real Estate?

Fill out the application below and a funding advisor will reach out within 1 business day.

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Program Highlights

Purchase & refinance
Mixed-use, office, retail, industrial
Non-recourse options
Bridge & permanent financing

Required Documents

Have these ready to speed up your approval:

📄Personal financial statement (all guarantors)
📄3 years personal tax returns (all guarantors)
📄3 years business tax returns
📄Year-to-date P&L and balance sheet
📄3 months business bank statements
📄Business debt schedule
📄Schedule of real estate owned
📄Property appraisal
📄Phase I environmental assessment
📄Rent roll (all tenants)
📄Lease agreements (all tenants)
📄3 years property operating statements
📄Property insurance declaration
📄Title report / commitment
📄Purchase agreement (if acquisition)
📄Property photos (interior & exterior)
📄Survey (ALTA/NSPS)
📄Zoning verification letter
📄Entity formation documents & operating agreement
📄Certificate of good standing
📄Government-issued ID (all principals)
📄Proof of funds for closing

Typical Timeline

2–4 weeks

Timeline begins after all required documents are received and verified.

Need Help?

Talk to a funding advisor

📞 (843) 290-8928

Frequently Asked Questions

Marcus T. from Miami, FL

Just funded $150,000Term Loan

32 minutes ago