Let me set the scene: You’ve found the perfect property for your business—a warehouse, office space, or maybe even that charming retail unit on the corner. The excitement is real, but then it hits you: How on earth am I going to pay for this? Enter the commercial mortgage.
Now, before you start googling “best commercial mortgage deals,” let me save you some time. Commercial mortgages aren’t as straightforward as residential ones, but with the right approach, you can lock in a deal that works for you—and maybe even save yourself a small fortune in the process. Here are my top five tips to help you secure the best commercial mortgage in 2025.
1. Know Your Numbers (and Love Them)
Here’s the deal: lenders want to see that you’re serious, and the best way to show that is by knowing your numbers inside and out. This includes:
- Your credit history (yes, they’ll check).
- The property’s value and potential income.
- Your business’s financial health, like cash flow and profitability.
Pro tip: Be honest with yourself. If your numbers need work, take the time to tidy them up before applying. Trust me, nothing impresses a lender more than a borrower who’s done their homework.
2. Shop Around (or Let Someone Do It for You)
Not all lenders are created equal. Some specialize in retail spaces; others prefer industrial properties. Some love first-time buyers, while others shy away. The key is to find a lender whose criteria align with your needs.
At Ferguson Capital, we work with a ton of lenders, which means we can match you with the perfect fit without you having to make 20 awkward phone calls. (You’re welcome.)
3. Be Clear on Your Repayment Plan
Commercial mortgages come in all shapes and sizes—repayment, interest-only, short-term, and long-term. Knowing what works best for your situation is crucial. For example:
- Are you looking to minimize upfront costs with interest-only payments?
- Do you want a fixed rate for stability or a variable rate for flexibility?
Having a repayment plan that aligns with your business’s cash flow will make you look like a rockstar in the eyes of lenders.
4. Get Your Documents in Order (Like, Yesterday)
Commercial mortgages require a lot of paperwork. I’m talking:
- Business accounts for at least two years (preferably three).
- A solid business plan.
- Property details, including valuations and surveys.
The faster you can hand over everything they need, the faster your application moves. And in 2025’s competitive market, speed is everything.
5. Don’t Be Afraid to Ask for Help
Look, securing a commercial mortgage isn’t something most people do every day. It’s okay to feel a little overwhelmed. That’s where people like us come in. At Ferguson Capital, we guide clients through every step of the process, from finding the right lender to negotiating terms and securing the best deal.
Final Thoughts: Your 2025 Game Plan
The commercial property market in 2025 is shaping up to be competitive, but with the right approach, you can position yourself for success. Know your numbers, shop smart, plan ahead, and don’t be afraid to lean on experts when you need to.
If you’re ready to take the next step, book a consultation with us today. Let’s make 2025 the year you secure the perfect commercial property—and a mortgage to match.