DO you want to purchase commercial real estate?

Nealy every bank in the US will lend money to purchase commercial real estate to a qualified borrower.  You can expect to be required to put in 25% of the cost into the transaction from your own cash.  Also, the amortization is normally limited to 20 years with a 5 year balloon.  Which means after 5 years you will have to be reapproved by the bank for the loan, pay closing costs again, and receive a new, and most likely different, interest rate.

With the SBA 7(a) loan you can finance up to 90%, even sometimes 100% of the cost of the property depending on the final lender.  The amortization is up to 25 years.  The SBA 7(a) loan allows for a lower down payment and longer amortization, giving the borrower more flexible terms.  The SBA 7(a) loan does not have a balloon feature so you only have to get approved once and close your loan once.  The SBA 7(a) Loan caps out at $5,000,000.

With the SBA 504 loan, the borrower can finance up to 90% of the costs of the property.  The amortization is up to 30 years.  The 504 is a more complex loan product than the SBA 7(a) and comes with a more costly pre-payment penalty.   A lot of banks will use the SBA 504 loan product for deals up to $15,000,000 or even higher on a case by case basis.

The USDA B&I loan is a US government guaranteed loan product similar to the SBA products.  Two important differences are 1. The subject property must be located in an eligible USDA area.  2. The USDA B&I loan will finance non-owner occupied commercial investment property, while the SBA loan products will not.  Most banks will finance the USDA B&I loan up to $20,000,000 but some do less and others will go higher.