Commercial rates are not one universal number. They depend on the benchmark used, the loan program, the property or business cash flow, leverage, credit, collateral, term, amortization, and lender appetite. Use these rate guides as a starting point, then request a transaction-specific quote.
Quick answer: There is no single "commercial loan rate." Each program prices differently, and your final rate reflects the specific deal. Below are our rate guides by financing type, plus what actually moves your number — and why an online figure can only ever be an estimate.
Choose the rate guide that fits your transaction
Use the commercial mortgage rate guide for income-producing or owner-occupied property, the SBA loan rate guide for 7(a) and 504 financing, the hotel financing rate guide for hospitality acquisitions and refinances, and the equipment financing rate guide for machinery, vehicles, and other business assets.
Why rates shown online are only estimates
A lender cannot responsibly quote a final commercial rate from a keyword alone. The same property can price differently depending on occupancy, debt-service coverage, loan-to-value, sponsor experience, recourse, prepayment structure, and documentation. Every rate page here shows the data date and separates a market benchmark from a borrower's final all-in rate — so you know what you're looking at.
How we keep these pages current
We store the benchmark values and indicative ranges in one place and show a "Last updated" date on every rate page. We don't change the page each month or promise a specific number online — the most reliable figure is a written quote for your actual transaction. Request a financing review and we'll give you a real one.
Financing options in Rates
Frequently asked questions
How often should commercial rate pages be updated?
At least monthly, and whenever a major benchmark or program rule changes. Each page shows its last-updated date.
Are advertised rates guaranteed?
No. Final pricing depends on underwriting and should be confirmed in a written lender quote or term sheet.
Should a website publish a single rate?
No — that's misleading. We show a dated benchmark or range and the factors that move a transaction within it.