Commercial Real Estate Mortgages - Santander
Commercial Real Estate Loans*
Commercial Real Estate Financing For Purchase
Commercial Real Estate Loans to Refinance/Cash Out
Compare a Commercial Real Estate Loan to our other lending options
- Finance accounts receivable
- Purchase inventory
- Support seasonal cash flow fluctuations
- Acquire fixed assets
- Refinance non-Santander debt with fixed monthly payments
- Acquire commercial real estate
- Improve or expand existing building
- Refinance non-Santander existing real estate debt
- Acquire vehicles or equipment, some of the qualifying vehicles and equipment include medical, construction and agricultural
- Unsecured lines up to $100,000
- Fixed interest rates
- Finance up to 80% of the lesser of the purchase price or appraised value
- Available 100% financing† of costs including taxes, freight, installation, software, warranties and training
- Low fixed or floating rates available
Discover Additional Services That May Benefit Your Business
*The products and information provided on this page are only for small businesses with annual revenues up to $3,000,000, subject to acceptance rules, credit limits, policies, and guidelines of Santander, N.A. For other Business Banking customers with a dedicated relationship manager, please contact your relationship manager directly.
1For customers with commercial exposure up to $1,500,000 cash-out is capped at 33% of the appraised property value.
2For new business owner-occupied commercial real estate mortgages from $25,000 to $1,500,000: (a) a 0.5% relationship rate discount may be available if your business either (i) has or opens at time of closing a Santander Business Checking Plus account, or (ii) has in its Santander business checking account(s) at the time of the application, a minimum balance, which required minimum balance is determined by Santander Bank in its sole discretion and is subject to change at any time at the sole discretion of Santander Bank; and (b) a 0.5% electronic payment (E-Pay) rate discount may be available if your business has or opens at time of closing a Santander business checking account, and sets up monthly E-Pay payments for the closed loan, line of credit, or mortgage to be automatically deducted from that account. Rate discounts not available retroactively or to previously or currently existing credit transactions and are at all times subject to the terms and conditions of the loan documents. Additional fees, terms, and conditions may apply. Please see your local branch representative for details.
±Owner-occupied real estate is defined as property where the owner-operating company occupies more than 50% of the gross rentable space, and generates more than 50% of the cash flow necessary to service debt; otherwise, property is considered Investment Real-estate.
†100% financing of equipment and vehicle cost is only available for businesses that have been in legal and/or operating existence for two or more years prior to the date of receipt of completed application by Santander Bank. 80% financing of equipment cost is available to businesses that have been in legal and/or operational existence less than 2 years as of the date of receipt of completed application by Santander Bank.