Commercial lending

Find the right financing for your commercial or land development venture.

Commercial loans get your project moving

Commercial loans provide you with the capital to get your project off the ground, whether it's for new construction, real estate acquisition or refinancing.

Benefits of commercial lending

Access to capital

Get the funding you need to create growth, expand operations or take advantage of new opportunities.

Flexible loan terms

With varying commercial loans, interest rates and repayment terms, we help you find the best fit for your business and project.

Preserve cash flow

By spreading large investments out over time, you save cash deposits for other operational costs or unplanned expenses.

Professional guidance

Our Commercial Account Managers help you make informed financial decisions that drive your project to success.

Explore commercial lending options

Development financing

Go from blueprint to breaking ground with financing for construction or land development projects.

Phased advancement
Flexible payment options
Competitive, market-friendly solutions
Advice from start to finish

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Commercial mortgages

Get quick approvals when purchasing or refinancing a commercial property.

Amortization of up to 25 years
Variable rate or fixed rate terms
Financing based on cash flow and value of the property
Flexible repayment terms

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Business lines of credit

Draw from your existing funds while only paying interest on what you use.

Easy access to your funds
Low interest rates
Only pay interest on the money you use
Integration with other business products

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Term loans

Preserve cash flow while you invest in new ventures, equipment and business strategies.

Terms of one to five years
Flexible repayment terms
Fixed or variable interest rates
Commercial Account Manager support

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Start your commercial lending journey

Learn more about commercial loans

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Commercial lending FAQ

What is commercial lending?

Commercial lending is the process of borrowing money for commercial or land development purposes. This can include new construction, real estate acquisitions or refinancing.

What types of loans are considered commercial loans? Some common examples of commercial loans include:

Business lines of credit: revolving credit available to businesses for short-term needs
Commercial mortgages: loans used to purchase or refinance commercial real estate
Development loans: funding for land development projects
Term loans: fixed amount of money borrowed for a specific amount of time

What can I expect from the commercial lending process?

When you apply for a commercial loan with Gulf & Fraser, you can count on a streamlined and efficient lending process. Our Commercial Account Managers have extensive experience in the local community, giving you guidance and support throughout the loan process.

The first step is to meet with a Commercial Account Manager to discuss your financing needs and goals. They will review your financial statements, credit score and business plan to determine the best loan options for you.

Once you have chosen a loan, the application process begins. This typically includes submitting necessary documents and information such as tax returns, bank statements and collateral details.

After your application is reviewed and approved, you will receive the funds in a timely manner. Our team will continue to offer you support and assistance throughout your loan term.

What is the commercial lending rate in BC or Canada?

Commercial lending rates in Canada and in BC vary depending on the type of loan and the borrower's creditworthiness. It is important to consult with a Commercial Account Manager at Gulf & Fraser to discuss your specific financing needs and get an accurate rate quote.

What is the difference between commercial lending and business lending?

The difference between commercial lending and business lending lies in the purpose of the loan. Commercial loans are typically for commercial or land development purposes, while business loans can be used for a variety of business needs such as inventory, payroll or expansion.

At Gulf & Fraser we offer both commercial and business lending options to meet the unique needs of our clients.

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What are my best options for financing construction or land development projects in BC?

Financing your construction or land development project will differ based on the type of property and the specific project details.

Speak to a Commercial Account Manager to discuss your options and find the best fit for your project. Plus, read about the real estate development process in BC from REIBC.