Commercial Lending Portal · Nationwide
Capital for every commercial property.
Todd Eliott Commercial places commercial mortgages, SBA loans, bridge and construction financing for owners, investors and business operators across the country. Bring us the deal. We match it to the right lender.
What we finance
Commercial property types
If it produces income or houses a business, there is a loan program for it. These are the asset classes we place financing on every day.
Residential Income
- Multifamily apartments (5+ units)
- Mixed-use (retail + residential)
- Student housing
- Single-family rental portfolios
- Short-term & vacation rentals
Retail
- Strip & neighborhood centers
- Single-tenant net lease (NNN)
- Shopping centers & malls
- Restaurants & quick-service
- Bank branches & pad sites
Office
- Class A, B & C office
- Medical office buildings
- Professional & owner-occupied office
- Coworking & executive suites
Industrial
- Warehouse & distribution
- Light & heavy manufacturing
- Flex / R&D space
- Cold storage
- Truck terminals & outdoor storage
- Data centers
Hospitality & Leisure
- Hotels & motels
- Bed & breakfasts / inns
- RV parks & campgrounds
- Marinas
- Golf courses & event venues
Healthcare & Senior
- Assisted living & memory care
- Skilled nursing facilities
- Independent senior living
- Urgent care & surgical centers
Special Purpose
- Self-storage
- Gas stations & convenience stores
- Car washes & auto repair
- Daycare & private schools
- Churches & houses of worship
- Funeral homes
Housing Communities
- Mobile home parks
- Manufactured housing communities
- Build-to-rent communities
- Affordable & workforce housing
Land & Development
- Raw & entitled land
- Ground-up construction
- Heavy rehab & repositioning
- Agricultural & farm property
- Parking lots & garages
Loan programs
The right capital for the deal
Every property and borrower fits a different lender. We work across banks, agencies, SBA lenders, debt funds and private capital to find the best execution.
SBA 7(a)
Flexible SBA-backed financing for business owners buying or refinancing the building they operate in, plus equipment, working capital and business acquisitions.
SBA 504
Long-term, fixed-rate financing for owner-occupied real estate and major equipment, built around a bank loan, an SBA-backed CDC loan and a low down payment.
Conventional Bank
Relationship lending from banks and credit unions for stabilized properties with solid cash flow and experienced sponsors.
Agency (Fannie & Freddie)
Long-term, often non-recourse multifamily debt with competitive fixed rates, including small-balance programs.
HUD / FHA
High-leverage, long-amortization loans for apartment acquisition, refinance and construction, plus senior housing and healthcare.
CMBS / Conduit
Securitized loans for retail, office, hotel, industrial and more. Underwritten mainly on the property's cash flow.
Life Company
Insurance-company capital with some of the lowest fixed rates available for high-quality, lower-leverage properties.
Bridge Loans
Fast, short-term financing for lease-up, renovation, repositioning or time-sensitive acquisitions before permanent financing.
Private & Hard Money
Asset-based private capital for quick closings, complex situations and borrowers who do not fit a bank box.
Construction
Draw-based financing for new construction and major renovation, with options that convert to permanent debt.
DSCR Loans
Investor loans qualified on the property's rental income rather than personal tax returns.
Mezzanine & Preferred Equity
Subordinate capital that fills the gap between the senior loan and the sponsor's equity.
Learn
Commercial mortgages & SBA loans, explained
How commercial mortgages work
A commercial mortgage is secured by property used for business or income. Unlike a home loan, the lender looks first at the property: how much income it produces, what it is worth, and whether that income comfortably covers the loan payment.
Terms are usually shorter than residential loans, often 5, 7 or 10 years, with payments calculated over a longer amortization such as 25 or 30 years. The remaining balance, called the balloon, is paid off or refinanced at maturity.
Many commercial loans also carry prepayment terms such as step-down penalties, yield maintenance or defeasance. Knowing these before you sign matters as much as the rate.
How SBA loans work
The U.S. Small Business Administration does not usually lend directly. It guarantees part of loans made by approved lenders, which lets those lenders offer lower down payments and longer terms to small businesses.
To use SBA financing for real estate, the business generally has to occupy most of the building. That makes SBA loans a strong fit for owner-operators such as doctors, contractors, restaurants and manufacturers.
| Feature | SBA 7(a) | SBA 504 |
|---|---|---|
| Best for | Real estate, business purchase, working capital | Real estate and major equipment |
| Structure | One loan from an SBA lender | Bank loan + CDC loan + borrower equity |
| Down payment | Often 10% or more | Often 10% (more for special-use or new businesses) |
| Rate | Variable or fixed | Fixed on the CDC portion |
| Real estate term | Up to 25 years | Up to 25 years |
SBA program limits and rules change. We confirm current SBA guidelines on every deal.
- NOI · Net Operating Income
- Gross income minus operating expenses, before debt payments. Income − Expenses
- DSCR · Debt Service Coverage
- How many times NOI covers the annual loan payment. Lenders often want 1.20x to 1.35x. NOI ÷ Debt Service
- LTV · Loan-to-Value
- The loan amount as a share of the property's appraised value. Loan ÷ Value
- Cap Rate
- The return a property earns on its value, before financing. NOI ÷ Value
- Debt Yield
- NOI as a percentage of the loan. A quick risk check many lenders use. NOI ÷ Loan
- Recourse vs. Non-Recourse
- Whether the borrower is personally liable for the loan, or the lender can only look to the property.
- Amortization
- The schedule over which the loan would be paid down to zero. Often longer than the loan's term.
- Rent Roll & T-12
- The tenant list with lease terms, and the trailing 12 months of income and expenses. Every lender asks for both.
Training library
Commercial lending training
A structured curriculum for reps, agents, brokers and investors. Courses move from fundamentals to underwriting to closing deals, and the core modules lead to certification.
Foundations
100 levelTEC 101Commercial Lending FundamentalsHow commercial loans differ from residential, who the lenders are, and how a deal moves from inquiry to closing.
Core · CertificationTEC 102Property Types & Asset ClassesWhat lenders like and avoid in multifamily, retail, office, industrial, hospitality and special-purpose property.
Core · CertificationTEC 103The Language of LendingNOI, DSCR, LTV, cap rates, debt yield and prepayment terms, with worked examples.
Core · CertificationLoan Programs
200 levelTEC 201SBA 7(a) & 504 Deep DiveEligibility, owner-occupancy, structures, and how to spot an SBA deal in a conversation.
Core · CertificationTEC 202Bridge, Private & Hard MoneyWhen speed and flexibility beat the lowest rate, and how to explain the tradeoff to a borrower.
ElectiveTEC 203Construction & DevelopmentBudgets, draws, completion risk and the path from construction loan to permanent financing.
ElectiveTEC 204Multifamily: Agency, HUD & DSCRThe main apartment financing options and which borrower fits each.
ElectiveDeal Making
300 levelTEC 301Reading a Rent Roll & T-12Pull real numbers from real documents and build a quick underwriting snapshot.
Core · CertificationTEC 302Packaging a Loan SubmissionThe checklist, the executive summary and what makes a lender say yes quickly.
Core · CertificationTEC 303Finding Borrowers & Deal FlowWorking your network, business owners, agents, accountants and investors to source deals.
ElectiveTEC 304Ethics, Compliance & Referral RulesDisclosure, state licensing basics, and how rep compensation works the right way.
Core · CertificationBecome a rep · Get paid
Bring the deal. Get paid when it closes.
You already know business owners, investors and property owners who need financing. As a Todd Eliott Commercial rep, you introduce the deal and our team handles lender placement, underwriting support and closing. You earn a share of the fee when the loan funds.
How reps work with us
- Apply and get approved
Tell us about your background and network. Real estate agents, loan officers, accountants, insurance agents and business owners all make strong reps.
- Complete your training
Work through the core modules so you can spot deals and speak the language with confidence.
- Submit deals through the portal
Send us the scenario. Our deal desk reviews it and matches it to the right lenders.
- We place and close the loan
You stay informed as our team handles lenders, term sheets and closing.
- Get paid
Your compensation is paid after the loan closes, under your written rep agreement.
Rep compensation is paid only where permitted by applicable state and federal law and under a written agreement. Some states require a license to receive loan-related compensation.
Get certified
Get certified with Todd Eliott Commercial
The Certified Commercial Loan Rep designation shows borrowers and partners that you understand commercial property, loan programs and how to package a deal. Certified reps get priority deal desk access and a listing in our rep directory.
Step 1Apply and be approved as a repStep 2Complete the seven core modules (TEC 101–103, 201, 301, 302, 304)Step 3Pass the certification examStep 4Receive your certificate, badge and directory listingContact
Start a conversation
Submit a deal, apply to become a rep, or ask about certification. A member of our team will follow up within one business day.
Melville, NY 11747