Freedom Capital is your Best Alternative to the Banks!
Or talk to a mortgage broker now:
Let's Get Started
Why is Commercial Financing Beneficial in BC?
British Columbia is the third most populated province in Canada. With a higher population comes a healthy economy and a flourishing real estate market. This can negatively impact small businesses looking to purchase, construct or renovate a commercial property. If your business is facing shortcomings with your commercial property or a commercial mortgage in BC, we can help.
With commercial financing you can:
If you can relate to these scenarios, you've come to the right place! With Freedom Capital, our borrowers receive custom-tailored commercial financing solutions and quick approvals.
Freedom Capital Team is one of the most amazing mortgage brokers that I have work with, the level of service they provide is outstanding. The team is very professional and were able to answer all of my client questions. Very responsive and acted fast on a mortgage that need it to get approved fast. Highly recommend working with Freedom Capital. Thanks Pip, Sylvia and Kathy
RSB Developments Ltd
Positive: Professionalism, Quality, Responsiveness, Value Pip and his dedicated team at Freedom Capital went above and beyond for us. We gave them a challenge of getting approval for us within 24 hrs and they were able to do it! I am so appreciative of Pip and his team for taking the time to not only help us understand the process but get it done Quickly! It was easy to see that Pip really values his clients and their best interests. We would work with Pip and his team in the future!
I am very happy to have worked with Pip, Sylvia, Rosy, Kathy on my recent mortgage fund. Especially Kathy and Rosy with constant follow-ups and conversations with me all along the application until funding date. Rosy has guided me through the process which I needed. I understand it must be a whole team effort, a lot of work must have occurred behind the phone line in which me the client might not be able to see after I hang up conversing over the phone. They have worked diligently to bring satisfaction serving their clients. I truly appreciate and grateful to deal with Freedom Capital!
I have worked with many private lenders in the past and I must say that Rosy Ram was the one of the best people to deal with. To top it off my situation was extremely difficult and had many layers to it. After submitting documents that Rosy required she was able to get me a deal quite quickly. I was pleasantly surprised how professional and efficiently she worked. Many other lenders will promise you deals, string you along only to fall short in the end. All the terms, conditions and rates were very reasonable in light of my situation as well. Looking forward to doing more business with Freedom Capital!
Pip Dhaliwal and The Freedom Capital Team are top producers in the mortgage game. Time after time they come forward effectively, efficiently with experience that counts and competitive results! As commercial developer we trust Pip and his team when they say they will get it done! They think outside the box and deal size never matters with Freedom Capital, they have knowledge and relationships with credible financiers to make our 106 unit condo project a reality and help Transnat Properties provide affordable homes to the public.
We had another broker working on our deal for over three months, and the service was very disappointing... Then we called Pip for a competitive assessment, he made the deal in less than 2 weeks, and it was 3 x what the other lenders were offering. We even got open terms and better interest rate than we expected. Fantastic service and A very reputable lender… We would never go to another broker again!! 5 STARS!!
Freedom Capital’s Unique Commercial Financing
Freedom Capital is a renowned national brokerage known for its common-sense lending and unique mortgage solutions. We are solely dedicated to providing our clients with the alternative and commercial financing they need. Our team of specialists have combined experience of over 35 years in the mortgage lending industry.
Freedom Capital was founded 10 years ago. Today we operate as a well-known mortgage brokerage active across Canada. With a knowledgeable team, common-sense lending, and a drive to help our clients succeed, Freedom Capital looks to provide every client with the financial solution they need.
A commercial mortgage is essentially taken out and used for two reasons:
- The purchase of a commercial property
- The construction, redevelopment or renovation of a commercial property
Borrowers can also use commercial loans to purchase a new property for their business such as a warehouse or second office. Or to fund their business operations.
Commercial mortgages tend to have higher rates than residential mortgages, however, the difference isn’t very vast. A commercial mortgage in BC will usually have 0.25 to 0.75% higher interest rates than a normal mortgage.
While the loan terms vary according to the lender, the amortization period for a commercial mortgage ranges between one to twenty-five years.