The kind of commercial property you are buying shapes the financing. A warehouse, a storefront, an apartment building, and a hotel are all read differently by lenders, even at the same price. Here is how the main types are viewed, so you know what your deal hinges on.
Tenant strength and location drive these; often stable with one or few tenants.
Lenders weigh the tenant mix, location and foot traffic, and lease terms.
Income and DSCR lead; insured options like MLI Select may fit.
Tenant quality and lease length matter; vacancy is watched closely.
Read as operating businesses; income history and management weigh heavily, often specialized financing.
Across every type, lenders look at the property's income, its DSCR (debt service coverage, whether income covers the payments), your equity, and a clear plan. The fundamentals do not change.
Tenant quality, lease length, how specialized the building is, and vacancy risk all change how a deal is viewed and how much equity it tends to need.
Bring us the deal, whatever the asset type, and one team will map the financing and what your file needs to be strong. A licensed member of our commercial team will follow up.
Start a conversationInformation here is general and educational. It is not financial, legal, or lending advice, and it is not an offer of financing. How any asset type is assessed varies by lender, property, tenancy, and province, and specialized assets may require specialized financing. Insured options such as MLI Select are subject to eligibility. Any figures or ratios are illustrative only. All financing is subject to lender review, property review, and supporting documentation. Submission of a form does not guarantee approval or financing.