Commercial Owner-Occupied Lending (COOL)
At Meridian, we want to help you take ownership and grow your business. To get a mortgage for your business premises with this great lending option, start with a conversation.
- Full financing - you could qualify for a loan-to-value ratio of up to 100%.
- Competitive interest rates - because your money should go to your business.
- Amortizations of up to 25 years - we’re committed to supporting your business long-term.
This lending option is for owner-occupied premises only. You must use at least 75% of the floor space and account for 75% of the gross revenue required to service the COOL loan to be eligible. Not sure if you qualify? Talk to us!
Why do business with Meridian?
We’re committed to making business mortgages simple and stress-free. We’ll help you create the perfect mortgage with flexible payment schedules, a wide range of terms, and competitive rates.