IMAGE: Wide view into glass conference room. Blurred figure walking in foreground.

Commercial Real Estate Loans

Commercial Real Estate Loans

Dream big. Whether you’re looking to purchase the commercial property your business needs, refinance your property for better terms, or use equity to remodel or expand your growing business, Texell’s Commercial Loan Heroes are ready to help.

Why Business Banks on Texell:

  • Local decisions for local business loans.
  • Commercial real estate loans can be used to buy, refinance, or tap into equity.
  • Stop leasing and own your business property
  • Loan amounts starting at $50,000
  • Competitive rates, with terms up to 15 years
  • Financing up to 80% of the property value

Growth Begins in a Few Simple Steps:

  1. Apply — Complete a credit application with one of our commercial loan specialists
  2. Finalize terms — We’ll work together to determine your loan amount and terms.
  3. Gather financials — We can help you gather any financial documentation needed.
  4. Close your loan — And realize your business dreams.

IMAGE: icon of schedule in white

make an appointment

Get a personalized consultation with a local Commercial Loan expert at one of our branches.

Schedule an appointment


IMAGE: icon of telephone in white

call

Talk with a Commercial Loan expert Monday – Friday, 9 a.m. – 6 p.m.

Call 254.774.5161.


Frequently Asked Questions:


A commercial real estate loan is a mortgage secured by a lien on a commercial property instead of residential property. Commercial real estate (CRE) refers to owner-occupied or income-producing real estate used for business purposes (e.g., offices, retail space, hotels, and apartments). Commercial real estate loans can be term loans or SBA loans.

Most lenders including Texell require borrowers to have a credit score above 660 to qualify for a commercial real estate loan. You will also need to show at least three years in your business under current ownership.

Applying for a Commercial Real Estate Loan may require some or all of the following documentation:

  • Business tax returns
  • Personal tax returns
  • Financial reports, such as profit & loss and balance sheets
  • Details regarding collateral
  • A third-party appraisal of the property
  • Business plan (for new businesses)

Yes, as a sole proprietor, you can apply for a Commercial Real Estate Loan or consider an SBA loan.

Yes, you can use a Commercial Real Estate Loan for franchise properties, but some restrictions and exclusions exist. Please see the SBA-approved franchise registry to confirm eligibility.

Without a proven track record, a new business does not meet the criteria needed for a commercial real estate loan. An SBA 7(a) loan is a perfect fit for startups because you can use this type of loan for the property, working capital, and inventory.






IMAGE: Man in truck bay smiling and looking away, holding tablet.
You may also be interested in...

4 Policies Your Small Business Needs

Every business — even home-based ones — should carry some level of insurance. Are you covered?

IMAGE: Woman standing at glass window, looking up at colorful post-it notes

How to Apply for an SBA Loan

If you're ready to open your doors, sell your product, or provide a needed service, here are six steps to help you navigate an SBA Loan.

IMAGE: Woman and man business colleagues sitting on stairs in office comparing notes.

8 Steps for Writing an Effective Business Plan

An effective business plan should be informative and motivating. Here are eight steps to create a plan that will help take your business to the next level.