Tuesday, 29 May 2012

Commercial Property Loans-Basic Overview

by Lim

Like residential property loans, or home mortgage loans, commercial property loans are here to help people, mainly businesses or people who wish to own/ buy a commercial property. Such loans allow businesses to purchase lands, buildings or other properties without putting too much strain on their finances. And, like a home mortgage, a commercial property loan uses the property bought as collateral against the loan.