COMMERCIAL REAL ESTATE & FLORIDA BUSINESS LOANS
Maximize the opportunity for your business growth with a commercial business loan in Florida. Improve the efficiency of your business by purchasing the commercial property or real estate it needs. Commercial real estate loans also allow you to leverage equity to expand or remodel all while your business expands.
SPEAK WITH OUR COMMERCIAL REAL ESTATE & PROPERTY LOAN EXPERT
Get in touch with our expert to learn about how a credit union commercial real estate loan can help you. Inquire about the commercial real estate loan process, get pre-qualified and find the commercial property that fits your business needs.
Sr. Commercial Lending Officer
We're Here To Help
Commercial Loan Properties in Florida
TFCU supports commercial real estate loans to a variety of property types in Florida. Determining which type of investment property best suits your business needs can help when it comes to the commercial real estate loan process. Check out the type of properties our members have invested in:
This can include:
- apartment buildings
- duplex
- large residential buildings
This can include:
- warehouses
- distribution centers
- manufacturing buildings
This can include:
- dental
- medical
- law offices
This can include:
- storefronts
- shopping plaza
- franchise locations
Commercial Real Estate Mortgage Loan Rates
Making a good investment is our goal for you, compare our commercial real estate and property loan rates and calculate what the ideal loan type is best for your business needs. Tropical offers competitive, customized rates. Request a call back for today's rates.
Getting a Business Loan Should Not Feel Overwhelming
No Application Fees
No re-payment penalties
Credit Union Commercial Real Estate & Business Loan FAQs
Can I apply for a business checking account or commercial real estate loan online?
No. To better serve you for our business accounts and commercial real estate loans, a Tropical team member will guide you through the account open and/or application process.
What property types do TFCU commercial loans support?
- Multi-family
- Retail
- Office
- Industrial
How long does it take to fund business loans/commercial real estate from TFCU?
Each business lending product is different as well as every member’s scenario. The time it takes close can be different for everyone, however below are the typical time frames TFCU aims for.
- Business loans/ BLOC- under 30-days
- Equipment loans- under 30-days
- Commercial real estate loans- under 45-days
Do I have to be a member to apply for TFCU business products?
You do not have to be a member to apply for any TFCU business product. However, membership is required before loans can be funded and at the time of account opening for business checking accounts.
What Documents Should I Prepare When Applying for a Florida Commercial Real Estate Loan?
Credit union commercial real estate loans are a big investment, which is why the proper documentation is required when applying. Here are some documents recommended to have prepared ahead of time in order to expedite the process.
- Personal Financial Statement
- Business Debt Schedule
- Past 3 years Business and Personal Tax Returns
- Current year Business Financial Statements
- Property Specific Income/Expense Information
- Past Appraisals, or Environmental Reports
Why Should I Invest in Florida Commercial Property?
Investing in a Florida commercial loan property can add many benefits both personally and professionally. Here are common reasons why members have chosen a credit union commercial real estate loan.
- Property acquisition
- Improved cash flow
- Investment portfolio diversification
- Retirement income
- Less volatile investment
Disclosure
TFCU will deposit the $1 minimum requirement to open your account. All commercial loans are subject to credit approval. Must reside in a state within