Updated almost 6 years ago on . Most recent reply
Commercial Lending Down Payment
I’m interested in finding out about the different options available for acquiring a down payment on a commercial loan. I’ve heard of the borrower taking out a loan for the down payment? Is this normal or ok? Of course you can always save your money, and or partner with someone, which is a route I’m pursuing. Also I know the down payment is typically 20-30%. But can the down payments be a smaller percentage? Any thoughts or info on this is greatly appreciated!