Commercial Loan Direct (CLD) provides commercial real estate loans in the state of Florida. Current commercial loan rates in Florida range from 4.8% to 12.75%, depending on the loan program. CLD is a national commercial mortgage banker offering aggressively priced programs and superb service. CLD originates loans for its parent company CLD Financial which provides a wide variety of lending vehicles. Our company is currently targeting owner occupied and investment properties over $1 Million in the state of FL.
Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.
The types of mortgages available for these types of properties are Conventional, CMBS / Conduit, Insurance, and Agency (FHA / HUD and USDA) products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings. Commercial real estate investment properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospitals), hospitality, (hotel, motel, resort), and mixed use.
Owner-Occupied commercial real estate properties in which the owner occupies at least 50% of the premises and can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospital), hospitality (hotel, motel, resort), mixed use, or any other type of commercial property. The types of mortgages available for owner-occupied buildings include Conventional, Insurance, and Agency programs including FHA / HUD, SBA, and USDA. Construction mortgages are also available on a case-by-case basis in order to develop or reposition a property for the owner's use.
Florida’s commercial lending market is one of the most active and competitive in the country, driven by population growth, business migration, and investor demand. Capital is widely available, but underwriting has become more disciplined. Lenders focus heavily on cash-flow durability, insurance costs, expense volatility, and realistic assumptions around rent growth and exit liquidity.
Multifamily remains a core asset class, particularly stabilized workforce and mid-market housing. Lenders closely review operating history, renewal trends, and expense growth, but well-run properties continue to attract strong interest.
Industrial and logistics properties are highly lender-favored, especially near ports, interstates, and population centers. Modern facilities with strong tenant demand and longer lease terms underwrite best.
Owner-occupied properties are consistently attractive to banks and credit unions when supported by profitable, well-documented operating businesses.
Service-based and necessity retail (medical, grocery-adjacent, professional services) continues to finance well when tenancy is stable.
Office faces increased scrutiny statewide, particularly older suburban product. Lenders prefer well-located, higher-quality buildings with strong in-place tenancy.
Hospitality is financeable, but underwriting is conservative due to seasonality, labor costs, and sensitivity to economic cycles.
Value-add and transitional deals require more equity, more reserves, and credible stabilization plans. Aggressive rent growth assumptions are heavily discounted.
South Florida (Miami–Fort Lauderdale–West Palm Beach): Deep capital markets and strong investor demand, but lenders stress insurance, taxes, and climate-related operating costs.
Orlando: Tourism-driven economy supports hospitality and multifamily, though lenders closely analyze seasonality and expense volatility.
Tampa Bay: Balanced growth market with solid lender appetite across multifamily, industrial, and owner-occupied assets.
Jacksonville and secondary metros: Often viewed as more affordable and stable, with conservative but consistent lending activity.
Regional and national banks are very active, especially for stabilized assets and relationship-driven borrowers.
Credit unions can be competitive for owner-occupied and smaller-balance loans.
Life companies and institutional lenders focus on large, stabilized assets with long-term income visibility.
Debt funds and non-bank lenders provide flexibility for transitional deals or higher leverage needs, typically at higher cost.
Insurance and climate exposure are central underwriting factors and can materially affect DSCR and loan structure.
Expense volatility (taxes, insurance, labor) is closely stressed in lender models.
Sponsor liquidity and experience carry significant weight, particularly for larger or transitional deals.
A strong Florida loan request typically includes conservative leverage, defensible historical NOI, stable tenancy, and a clear plan for managing operating and insurance costs.
Deals that rely on aggressive rent growth, short-term exits, or rapid market appreciation tend to face tighter terms.
Florida is a capital-abundant but underwriting-driven lending market. Multifamily, industrial, and owner-occupied properties offer the clearest paths to financing, while office, hospitality, and heavy value-add projects face more conservative terms.
Commercial Loan Direct understands Florida lending. Florida is not a one-size-fits-all market, and many borrowers lose time and leverage by approaching the wrong lender first. Commercial Loan Direct focuses on matching each Florida deal to the right lender profile based on asset type, location, leverage needs, and risk tolerance.
Access to multiple lender channels means borrowers are not boxed into a single bank’s credit policy. Commercial Loan Direct works across banks, credit unions, SBA lenders, and non-bank capital sources to identify the most realistic and competitive structure.
Deal positioning matters in Florida. Insurance costs, expense volatility, and rent assumptions can make or break approvals. Commercial Loan Direct helps structure loan requests the way Florida lenders actually underwrite, reducing surprises late in the process.
Faster clarity and fewer dead ends. Instead of submitting to lenders that will ultimately say no, Commercial Loan Direct pre-screens deals to target lenders that are actively closing similar Florida transactions.
Practical execution, not theory. The focus is on realistic leverage, executable terms, and getting deals closed—not optimistic projections that stall in credit committee.
In a competitive Florida lending environment, the advantage often isn’t just the property—it’s how the deal is positioned and who it’s placed with.
We are proud to be serving the state of Florida. Here are our commercial loan statistics for this state.
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Commercial loan direct provides services in the following Florida cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided Florida economic reports to get a better understanding of your market.
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What Clients Say About Us
Fernando and Leanne are amazing. I had many small businesses that need refinancing over the years. I have met many Brokers and there is always a catch. ALWAYS!… Use them! Once you do you will work with them forever
- Nirav Patel
If you searching for a great experience Commercial Loan Direct is the place. Leanne took care of me and honestly had the greatest experience. She handled all of my needs in a smooth and timely manner listened and addressed any concerns I had about the process and was very patient. I can be quite a handful at times and Leanne was so professional and kind hearted. I'd 100% recommend this company. Thank you again.
- Vincent Arias
We were in unfamiliar territory when it came to refinancing. Commercial Loan Direct streamlined the whole process for us. Leann connected us with lenders that were the right fit for us. The money and time we saved was so worth it. I highly recommend them
- Rita Pisarski
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