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Loan for Purchase of Commercial Properties

Loans for Purchase of Commercial Properties

Commercial Property Purchase Loan is often used by business to secure funds for purchase of their new office or shop or retail establishments. This type of loan is available only for commercial borrowers i.e. business entities.

Commercial Property Purchase Loan is a secured loan and is often used to purchase commercial premises only as it provides a greater deal of flexibility and easy access to capital. It is like a Home Loan product but the only difference is that Home Loans are for individual people for their residential purchase requirements whereas this type of loan i.e. the Commercial Property Purchase Loan is for business entities for their requirement of purchase of commercial premises. The interest rate is also higher than the Home Loan rate.

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