COMMERCIAL MORTGAGES

Most businesses in Canada require some type of financing and loans during start up or to fund growth. A commercial mortgage is a financial product that can be used by companies in many different industries in order to purchase, refinance, or develop commercial property.

One of the major differences between commercial mortgagesĀ and residential mortgages is the timeline. Unlike a residential loan, which might take five days for approval, a commercial mortgage will take a couple of weeks or even months.