Commercial Perm Loan Program

What is a commercial perm loan?

A Commercial “Perm Loan” is a type of permanent loan used to purchase or refinance a commercial property that is fully stabilized. Whereas a bridge loan is used to acquire unstabilized assets or assets that need renovation, the perm loan product is specifically for commercial properties that are cash flowing with little capex needed. 

A Perm Loan is a great fit in the following situations:

  • When you are looking to purchase or refinance a stabilized commercial property, typically well after the construction phase.
  • When you need a longer-term type of financing solution (3, 5, 7, 10, 30 years) with predictable monthly payments.
  • When you want competitive interest rates with more flexible terms than a bridge loan.

At Capital Funding, our commercial perm loan rates start at SOFR + 300! Our commercial perm loans offer a great option for long term investors looking to obtain a lower cost of capital on a cash flowing commercial asset.

APPLY FOR A
PERM LOAN

Secure a commercial perm loan quickly for your commercial building by utilizing Capital Funding’s fast and reliable approval process. 

Investment Criteria

Loan Size$1,000,000 – $50 Million
Term3, 5, 7, 10, 30 Year Options
Time to Close30 – 60 Days from Deposit
Asset ClassesMultifamily, Mixed Use, Retail, Industrial, Self-Storage, Warehouse, Office
LTVUp to 75% (Varies based on Asset Class)
Lien PositionSenior secured first mortgage or deed of trust
Interest Rate1 Month SOFR + 300 BPS
Origination Fees1.50% – 3.00% (adjusted to loan size, timing, and complexity)
AmortizationInterest Only Options
“In Place” Debt Yield8.25+
“In Place” DCR1.10x +
PPP / Yield MaintenanceVaries based on Term
RecourseRecourse & Nonrecourse Options with “bad boy” carve outs
Minimum Net Worth & LiquidityNW > LA | Liquidity of 5% – 10% of LA

INCREASE YOUR CASH FLOW WITH A COMMERCIAL PERM LOAN

Capital Funding’s commercial perm loans allow real estate investors to purchase or refinance commercial properties with low rates therefore maximizing the cash flow. Capital Funding’s team is ready to assist your next commercial transaction with our commercial perm loan product specifically tailored to increasing cash flow by way of a lower payment and longer term.

Eligible Properties for
Commercial Perm Loans

The following property types and real estate asset classes can be eligible for a commercial perm loan.

Multi Family

Multifamily properties are a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Capital Funding, we will lend to real estate investors looking to purchase or refinance multifamily properties with loan amounts from $1,000,000+.

Mixed Use

Mixed-use is a type of development that blends commercial and residential property uses into one integrated complex or building. At Capital Funding, we will lend to real estate project investors on mixed use projects with loan amounts from $1,000,000+.

Retail

Retail is any property used for commercial retail space such as a storefront for selling goods or services or a large retail center. Capital Funding Financial will lend to real estate investors and business owners who are looking for a loan on retail properties from $1,000,000+.

Industrial

Industrial is property classification used for manufacturing, production, and storage facilities. At Capital Funding, we will lend to real estate investors looking to purchase or refinance industrial properties with loan amounts of $1,000,000+.

Office

Office is a property classification which generates income from tenants composedof businesses and professionals. Capital Funding will lend to real estate investors and business owners who are looking for a loan on office from $1,000,000+.

Hospitality

Capital Funding will lend to experienced hotel owners or operators with a flag in the hotel and lodging sector. Loan amounts for the hospitality industry are $1,000,000+.

Required Documents

We recommend being prepared to provide the following documentation in order to process this type of loan as efficiently as possible.

Personal Documents

Loan Application
Copy of Driver’s License & Passport
Personal Financial Statement
Schedule of Real Estate Owned
Bio/Resume
Last Twelve Months of Business Bank Statements

Property Documents

Current Rent Roll
Operating Statements for Last Three Years & YTD
Operating Budget/Proforma for Next 12 Months
Purchase Contract or Payoff & Current Mortgage Statement (if applicable)
Leases
Property Management Agreement
Planned and Past Capital Improvements
Valuation (to be ordered or provided)
Title & Insurance Contacts

Business Documents

Last 2 – 3 Years of Tax Returns (Business & Personal)
Entity Documents – Articles of Organization + Bylaws/Operating Agreement
Organizational Chart and Business Debt Schedule

APPLY NOW

Partner with a fast, experienced, and reliable capital provider and close on a commercial perm loan from Capital Funding.

Why Choose Capital Funding’s Perm Loan Program?

  • We used Capital Funding Financial for our rental investment portfolio. The process was easy and the loan closed quickly at a rate of 4.25% on a 30YR fixed. Thank you again

    Anna Brady
  • Capital Funding Financial closed on our commercial building with an asset based bridge loan in less than 14 days. It was a very easy loan process with constant communication, transparency, and a great team that followed up daily to make sure we met our closing deadline! I will use them again in the future. 5 stars.

    Jared Allen
  • I just got a loan from capital funding for my restaurant property. They are very helpful and the processing was really fast. I strongly recommend them for your funding needs.

    Jatinder Singh

LET’S GET STARTED

Wondering which program best fits your investment? Speak to a loan officer to get tailored guidance on the best options for your property.
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5550 Glades Rd Ste #200,
Boca Raton, FL 33431