What will my interest rate be?

Interest rates vary based on factors such as the property, loan structure, financing request, and the overall credit profile of the business. Because each loan is unique, our commercial lending team will review your needs and discuss available rate options with you.

What types of properties can be financed?

Commercial real estate loans can be used for a wide range of properties, including office buildings, retail centers, industrial facilities, mixed-use properties and owner-occupied business real estate.

How much of a down payment is typically required?

Down payment requirements vary based on the property, your borrower profile and the loan structure. In most cases you should expect to contribute equity as part of the financing package.

What information and documents will I need to apply?

We typically request financial statements, tax returns, information about the property, rent rolls or leases when applicable, and details about your business and repayment capacity.

How is the loan amount determined?

Loan amounts are generally based on the property’s value, its cash flow, your financial strength and the overall structure and purpose of the transaction.

How long does the process take?

Timing varies with the complexity of the transaction and how quickly documentation is provided. The process generally includes application, underwriting, approval and closing.

Commercial Real Estate Loans

Financing for income-producing and business-use property, backed by a local bank that knows your market.

Commercial Lending

Financing built around your goals

Commercial real estate lending helps you finance income-producing and business-use property, from office buildings and retail centers to industrial facilities and multifamily housing. As a local mutual bank serving Rhode Island and eastern Connecticut for nearly 200 years, we pair financial strength with local decision-making and personalized service. You work with experienced bankers who know this market and structure financing around your property, your cash flow and your goals. As of December 31, 2025, our commercial loans topped $1.6 billion, a sign of the businesses growing with us.

Why Centreville