Apply for a Conventional Loan Today
Tell us about your project: size, location, scope, budget. We’ll propose a loan structure tailored to you.
Conventional Commercial Term Loans
Flexible, Long-Term Financing for Your Business Growth
Our commercial real estate loans deliver reliable, permanent financing for stabilized properties—ideal for acquisition, refinance, or partner buyouts
Apply for a Loan
What Is a Conventional Term Loan?
A Conventional Term Loan offers long-term financing for stabilized commercial properties through AVANA’s credit union network. Ideal for experienced owners and developers. At AVANA, we can support experienced owners and developers in obtaining Conventional Term Loans for Acquisition, refinancing, partner buyouts, or property improvement (non ground-up)
Key benefits
-
Certainty of execution
with a quick yes or no, but never a maybe
-
Fast funding.
Close quickly to seize time-sensitive opportunities
-
Flexible terms.
Short-term options tailored to your timeline
-
No prepayment penalties.
Flexibility to refinance or sell anytime
Conventional Loan Rates and Terms
Rates and structures vary depending on loan type and borrower qualifications
Interest rates
5-Year CMT + 2.00%–3.00%
Rate resets after year 5 for 10-year terms
LTV
Up to 75%
of the property’s appraised value (65% for franchised hotels and restaurants)
Loan amount
$1MM – $15MM
Available for stabilized, income-producing commercial properties
Loan terms
5 – 10 Years
Flexible terms with long amortization options
Uses of proceeds
Ideal for purchasing (including partner buyouts), refinancing, or upgrading stabilized assets
Wide range of assets types
A Streamlined Process from Application to Funding
We make financing simple, transparent, and fast
Step 1
Submit Application
Complete our online application form with basic information. Our team will review within 24 hours
Step 2
Review
We’ll evaluate your documents and request any additional materials needed.
Step 3
Approval & Terms
Once approved, we’ll present loan terms and structure a customized financing solution
Step 4
Closing & Funding
Final documentation and closing procedures. Funds are typically disbursed within days of closing
Proven Success Stories
We’ve helped businesses across industries
Our team
Our team has a longstanding history of solving complex problems
Sanat Patel
Chief Lending Officer
Steven Ellsworth
EVP of Portfolio Management
Kristine Sanchez
VP, Business Development
Frequently Asked Questions
Find answers to common questions
Established businesses with stabilized, income-producing commercial properties, solid DSCR, proven track record, and acceptable credit/liquidity typically qualify. We underwrite to asset performance and sponsor strength.
We fund loans in the range of $1M–$15M, leverage up to ~75% LTV, and 5–10 year terms (often with 20–30 year amortization). Rates are fixed for 5 years and reset after 5 years for longer loans.
A conventional term loan is funded entirely by the lender and follows that lender’s credit box—typically faster and more flexible, but it usually requires stronger credit metrics (more equity, tighter DSCR/LTV). An SBA loan (7(a) or 504) is partially guaranteed by the SBA, which adds program rules and paperwork but enables higher leverage and longer terms—especially for owner-occupied CRE under SBA 504.
Funds from AVANA’s Conventional term loans may be used for property acquisition, refinancing, partner buyouts, or property improvements (non-ground-up construction).
Plan for ~30–45 days from LOI to close, driven by diligence (appraisal, environmental), third-party timing, and the completeness of financials.
Recent rent roll and operating statements, trailing 12 financials, three years historicals, borrower/sponsor financials, organizational docs, and property due diligence (appraisal, environmental, insurance, title).
Industry insights
Market insights that keep you ahead