Commercial Real Estate Loans*
Whether you’re looking to purchase, renovate, or refinance your commercial real estate, Santander can help. Featuring competitive terms and commercial mortgage rates, our Commercial Real Estate Loans are designed to match your business needs.
Commercial Real Estate Financing For Purchase
Choose a Commercial Real Estate Loan to purchase, refinance, or renovate your owner-occupied property.* Get the financing you need and benefit from competitive interest rates, closing costs, and fees, as well as the expertise of a lending specialist.
Predictable
Choose from 5- or 10-year fixed interest rates.
Manageable
Borrow for up to 25 years with no balloon payments for loans up to $1,500,000.
Cost-effective
Get a rate discount when your payments are automatically debited from your Santander Business Checking account.2
Commercial Real Estate Loans to Refinance/Cash Out
There’s so much you can do with a Refinance or Cash Out loan. Whether you wish to reduce your current commercial real estate interest rate, make leasehold improvements, or fund other important projects, you’ll enjoy competitive interest rates and fees, and helpful advice from a banking specialist.
Flexible
Borrow up to 80% loan-to-value.
Cost-effective
Enjoy flexible repayment terms and attractive interest rate options.
Compare a Commercial Real Estate Loan to our other lending options
Whatever your financing needs, we’ve got a lending solution that makes sense for your business. Explore your choices using this comparison chart.
 Business Line of Credit |
 Business Term Loan |
 Business Owner-Occupied Commercial Real Estate Mortgages± |
 Business Equipment Finance |
|
|---|---|---|---|---|
| Great Choice For |
Short-term working capital financing needs | Financing needs requiring longer term to pay | Purchase, renovate, or refinance owner occupied commercial real estate | Financing equipment and vehicles |
| Potential Uses |
|
|
|
|
| Available Amounts and Details |
Revolving lines for amounts starting at $10,000 | Minimum amount to borrow $10,000 | Minimum amount to borrow $25,000 | Minimum amount to borrow $50,000 |
| Length of Loan |
Revolving with renewals occurring once a year for lines of credit greater than $750,000. | From 3 years to 7 years | Up to 25 years | From 3 years to 10 years |
| Additional Benefits |
|
|
|
|
| Learn more | Learn more | Learn more | Learn more |
Meet Your Business Banking Specialists
Santander's knowledgeable business bankers are ready to help you choose the right banking
solutions for your business. Contact us today.
Discover Additional Services That May Benefit Your Business
Business Equipment Finance
Borrow just what you need, and take advantage of predictable monthly payments.
Checking Accounts
Choose one of our many checking solutions, designed to fit your business.
Payments and Processing
Tools to help optimize your cash flow and safeguard against fraud.
*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, policies, and guidelines of Santander Bank, 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.
#For BLOC applications between $10,000 and $150,000 financial statements will be required at the time of application if : (1) your business is a not-for-profit organization; or (2) your business’ existing Santander Bank business credit exposure at time of loan application in addition to the loan application request amount exceeds or will exceed $150,000; or (3) your business’ existing Santander Bank business credit exposure at time of loan application in addition to the loan application request amount is more than 10% of your business’ most recent annual sales
†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.
© Santander Bank, N. A. 
Equal Housing Lender - Member FDIC
