Educational product guide · Published and reviewed September 30, 2026
Commercial mortgage in Canada
A loan secured by commercial property.
How the structure works
Property value and business repayment capacity are considered by the lender.
The label does not establish the amount, rate, security, personal guarantee, fees or decision time available to a particular business. Obtain the actual agreement and disclosure from the applicable provider.
Tradeoffs to consider
- Property, appraisal and environmental costs can matter.
- Renewal and balloon obligations should be understood.
Questions to ask before accepting
- What equity contribution and appraisal are required?
- Does maturity differ from the amortization period?
Documents to prepare for a provider discussion
- Business financial statements and cash-flow forecast
- Recent business bank statements
- Business identity and ownership information
- Details of existing obligations
- Property details and purchase agreement
This is a preparation checklist, not a universal application requirement. Confirm the provider’s current document request and share sensitive documents only through its verified secure channel.
Compare the cash-flow commitment
Write down net proceeds, the complete payment schedule, upfront and ongoing fees, conditions for changes, and the cost of early repayment. Test whether the business can meet the obligation when receipts are delayed.
Explore illustrative financing calculations →Sources and editorial scope
- BDC: financing business projects
Verified 2026-09-30 · CA · Primary source
Sources support product mechanics. CBL’s tradeoffs and preparation questions are educational synthesis; they do not represent any provider’s underwriting policy. Editorial policy
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