Commercial mortgage rates for small businesses start as low as 5.08% as of April 11, 2026, with most owner-occupied transactions closing in the 5.5%
Commercial Mortgage Rates for Small Business
range for conventional financing and around 5.14% to 7% for SBA 504 loans. This guide covers current rates by loan type, lender requirements for small business owners, maximum loan-to-value ratios, DSCR thresholds, a comparison of the major loan programs available, and how to position your application to qualify for the most competitive terms. Current Commercial Mortgage Rates: April 2026 Commercial loan rates in April 2026 are influenced primarily by the 5-year and 10-year U.S. Treasury yields rather than the prime rate, which governs residential and SBA 7(a) loans. The 10-year Treasury yield currently stands at approximately 4.34%. Most commercial mortgages are priced at a spread over the relevant Treasury benchmark, with the spread varying by loan type, property quality, borrower credit, and lender risk appetite. Loan Type Rate Range (April 2026) Rate Type Max LTV Term Conventional commercial (bank) 5.50% to 7.50% Fixed or variable 70% to 75%
