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A small balance commercial (SBC) loan is a loan for smaller scale commercial properties. Think loans of more than $200k and less than $5 million. Types of properties include small multi-family apartment complexes, mixed-use properties including residential and commercial space, office space, flex space, and mobile home parks. The commercial world is a whole different ballgame than the residential loan world and comes with its own terminology. Here are five commonly used SBC loan terms:
Did you know that Visio Lending now offers commercial loans? Learn more about our Commercial Loan Program.