OnPath Credit Union

Real Estate Loans for Businesses in Lousiana

Whether you are a new business owner looking to start a company, you are a seasoned owner that is looking to expand or you are looking for investment opportunities, you will likely need to borrow money. At OnPath Federal Credit Union, we offer commercial real estate loans for all types of businesses.

We offer a variety of options, and it is a reliable and professional company to work with. Find out more about commercial loans and their benefits.

Commercial Real Estate Loans and Their Benefits

There is a lot involved with running a business, and worrying about wasting money on rental space should not be a concern. A commercial real estate loan allows business owners and investors to build up substantial equity. Doing so allows you to not only make more money but also expand your business in the future.

Getting a commercial loan has a lot of benefits. These include:

  • Competitive Rates – Because the loan is backed by the property’s worth, commercial real estate loan rates can be very competitive. We are able to offer affordable rates so you can focus on growing your business.
  • High Loan-to-Value Options – Some lending institutions will not lend money if there is a high loan-to-value ratio. We have options available for those who are considered to be higher risk, so we can help more people acquire a commercial property.
  • Various Amortization Options – In residential real estate, the amortization equals the term of the loan, and payments are calculated in a way that when the loan term ends the borrower does not owe any more money on the mortgage. In commercial lending, the amortization period is usually longer than the loan term. This means once the term ends, the borrower is required to pay off the rest of the loan in one payment. We offer various options to help borrowers.

Why Choose Us

Commercial real estate loans differ from residential loans in a number of ways. We can answer any question you may have and walk you through the process of borrowing money for your commercial real estate endeavor. We can help with small and large properties, as well as with renovations. We want our clients to succeed, and we are also honest when a potential borrower is in over his or her head.

We offer a wealth of commercial lending services, so let us help you with your project. To find out more about how OnPath Federal Credit Union can help, contact us today.

 

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