Commercial mortgage loans are executed using real estate to collateralize the loan. Commercial mortgages are similar to residential mortgages, except that the collateral used to secure the loan is a commercial (business) building rather than a personal residential home.

If the borrower defaults on the loan, the lender can seize the collateral (building) to recover the loan proceeds. You can also hire a mortgage advisor by browsing to

Commercial mortgage loans are not available to persons, but rather to businesses, which include partnerships, incorporated businesses, limited companies, etc.

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The business must be sound financially and the process to verify the business income can be more complicated than verifying the creditworthiness of a specific individual. 

The Interest rates for commercial mortgages are generally higher than those for residential mortgages but lower than interest rates on unsecured business loans.

A fixed-rate loan is the most common commercial mortgage. It is similar to the fixed-rate home mortgage loan in that the interest rate remains constant throughout the term.

The commercial mortgage loan amount and interest rate that you can receive is a direct correlation of the creditworthiness assessed by the lender with respect to your ability to repay the loan.

The Lender usually wants to see your last three years of audited financial statements including a Profit and Loss statement, balance sheet and a cash flow forecast.