A commercial real estate loan is a type of financing that is used to purchase a property for commercial purposes. To get a business loan, you'll need to have good credit, make a down payment of 25% or more, and plan to use most of the property being financed for your own business. The property that is financed by the loan acts as collateral and the lender imposes a lien on the property that allows for seizure if you don't pay on time. To qualify for a commercial real estate loan, your small business will typically have to occupy at least 51% of the building.
Otherwise, you should apply for an investment property loan, which is appropriate for rental properties. To get a commercial real estate loan, one of the main requirements is that your small business should occupy at least 51% of the building.