Business Lines of Credit
One of the most common types of commercial real estate loans are business lines of credit. They are often compared to credit cards. They work similarly, however, lines of credit feature higher funding amounts and lower interest rates. Plus, this funding type is very flexible.
A business line of credit, especially one that is “revolving”, allows you to use and reuse borrowed capital. You’ll be granted a set credit limit, which you’ll be able to borrow from as needs arise.
