Commercial Real Estate Loans
Commercial Real Estate Loans
Whether you need to purchase or refinance, we provide loans that will work for you and your business.
Buying, refinancing, or improving a commercial property is one of the biggest financial decisions your business will make. SESLOC’s Commercial Real Estate Loans are built around clarity and local support — from your first conversation through closing.
Where We Serve
As a member-owned credit union headquartered in San Luis Obispo and now serving businesses across nine California counties, from the Central Coast to the Central Valley, we take the time to understand your business and structure financing that fits how you actually operate — wherever you’re located.
Not sure if your property falls within our service area? Reach out — we’re happy to confirm.
SESLOC provides commercial real estate financing to businesses in the following California counties:
San Luis Obispo County | Santa Barbara County
Santa Cruz County | Monterey County
Ventura County | Kern County
Tulare County | Fresno County
Kings County
Explore Your Commercial Real Estate Options
Talk to a Commercial Lender
When you finance a commercial property with SESLOC, you’re working with local decision-makers who understand California’s diverse markets — from coastal business districts to the agricultural and logistics economy of the Central Valley — not a call center in another state. Our commercial lending team gets to know your business so we can structure a loan around your cash flow and goals, not a generic formula.
Commercial Real Estate Loan Options
Owner-Occupied Commercial Real Estate Loans
If your business owns the space it operates in — whether that’s an office on the Central Coast, a storefront in the Central Valley, or a professional suite anywhere in between — an owner-occupied commercial real estate loan can turn rent into equity. Instead of paying a landlord, your payments build ownership in a property that supports your business for the long term.
- Purchase or refinance office, retail, medical, or industrial space across our California service area
- Flexible amortization and term options
- Fixed and variable rate structures, so you can choose what fits your comfort level
Investment Property & Multifamily Loans
If you’re growing an investment portfolio anywhere across our nine-county service area, SESLOC offers financing for income-producing properties — retail centers, industrial buildings, mixed-use properties, and multifamily housing. We’ll help you think through the structure that fits your investment strategy, whether you’re acquiring a new property or refinancing one you already own.
- Financing for retail, industrial, mixed-use, and multifamily properties throughout our California service area
- Purchase, refinance, and cash-out options
- Pricing based on property performance and your business’s financial strength
Renovation Financing
Renovating a commercial property — whether on the coast or inland — involves a lot of moving parts. SESLOC’s renovation financing is designed to keep things simple, with a local lender managing inspections, and the transition to permanent financing alongside you.
- Major renovation projects
- Interest-only payments during renovation, with a clear path to permanent financing
- A lender familiar with your region involved through every phase of your project
Commercial Real Estate Loan Rates & Terms
Commercial real estate rates and terms depend on a few factors — property type, loan amount, loan-to-value ratio, and your business’s overall financial picture. Because every property and business is different, the most accurate way to understand your options is a conversation with a commercial lender who knows your market.
- Competitive interest rates
- Loan up to $10 million, subject to credit approval
- 5-, 7-, and 10-year fixed rate options
- Up to 30-year amortization with a 15-year maturity
Rates are subject to change. Connect with one of our Member Business Loan Officers to get a custom quote built around your property.
Eligible Properties We Finance
SESLOC finances a range of commercial property types across our service area, including:
- Office buildings and professional suites
- Retail and shopping centers
- Hospitality/short-term lodging, and hotels
- Industrial and warehouse facilities
- Medical, dental, and professional service buildings
- Mixed-use properties
- Multifamily properties (apartment buildings, small residential complexes)
Our Recent Commercial Projects
$6.2 Million Financed
Arroyo Grande, CA
29-Unit Multi-Family Apartment Community
$2.5 Million Financed
San Luis Obispo, CA
Industrial Facility & Warehouse
$5.3 Million Financed
Bakersfield, CA
Community Shopping Center
Not sure if your property qualifies? That’s a great first question to bring to a commercial lender — it costs nothing to ask.
Why Work with a Local Credit Union
As a member-owned credit union headquartered in San Luis Obispo, SESLOC isn’t focused on a single transaction — we’re focused on your business’s long-term success, wherever you’re located across our California service area. That means working with local decision-makers who understand the communities they serve — from coastal industries like tourism and hospitality to the agricultural and logistics economy of the Central Valley — know your business by name, and can respond quickly as your needs change.
- Local expertise across California, from the Central Coast to the Central Valley
- A relationship-based, community-focused lending team
- Access to SESLOC’s full suite of business banking solutions wherever you do business — checking, savings, merchant services, and more
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Savings are insured to at least $250,000 and backed by the full faith and credit of the U.S. government. National Credit Union Administration, a U.S. government agency.
