A commercial loan is a debt-based funding arrangement between a business and a financial institution. Fidelity Direct Mortgage, LLC (FDM) offers many different commercial products for various entities. FDM, using its vast network of relationships offers SBA, Line of Credit, Bridge loans, construction, short term, long term loans for almost any purpose and entity. FDM offers loans for Hotel, Motel, Multi Unit residential, Shopping Center, Religious Buildings, Restaurants, Gas stations, warehouse, office building and many more. We may have a minimum loan amount for some of our products. It is typically used to fund
Completion of project
Buy out partners
Cover operational costs that business may not be able to afford in short term
And any other business needs
Expensive upfront costs and regulatory hurdles often prevent small businesses from having direct access to bond and equity markets for financing. These loans often require that a business post collateral, usually in the form of property, plant or equipment that the lending institution can confiscate from the borrower in the event of default or bankruptcy. Sometimes cash flows generated from future accounts receivable are used as a loan's collateral. Mortgages issued to commercial real estate are one form of commercial loan.