Thomes: The most common loan for small businesses in a leased location is the SBA 7(a) loan. The 7(a) program allows for tenant improvement financing along with equipment financing over very reasonable terms, typically as long as 10 years on a fully amortizing basis.

(Find out how Atlanta retailers can remain relevant now.)

Globest.com: Does it matter what type of development the borrower is interested in moving into, whether it be a strip mall, multi-use project or traditional mall, for example?

Thomes: Each asset type has its own unique challenges when it comes to providing tenant financing. The bank must truly understand the specific market and what is appropriate for that business.

Similarly, the borrower needs to have demonstrated the same understanding. They need to share with the bank why a specific location or property is right for their business. For example, it is likely not prudent for a wholesale distributer to go into a residential center, nor would it be prudent for a retail sub shop to be located in the back of a large industrial park.

(This is how commercial real estate investors are transitioning.)

ATLANTA—Can banks be an ally on the commercial real estate leasing front? It depends, in part, on the bank. But one industry player says more banks are finding synergy with commercial property owners. GlobeSt.com caught up with Alan Thomes, who runs small business lending at Atlanta-based State Bank & Trust, to get thoughts on what lenders are doing to help commercial property owners fill up their properties with leasers.

Globest.com: What's the role of banks in helping property managers find leasers for their properties?

Thomes: For a small business tenant searching for leasehold and equipment financing, partnering with a bank that is familiar with the property and the benefits of the property's location may expedite the process. Similarly, a sound relationship between the property manager-owner and the bank will simplify the execution of required documents and ensure the transaction closes quickly. Both the landlord and the bank want the tenant to be successful, so working together can help to assure the landlord achieves this success.

Globest.com: What types of loan products are available to these types of managers?

Thomes: The most common loan for small businesses in a leased location is the SBA 7(a) loan. The 7(a) program allows for tenant improvement financing along with equipment financing over very reasonable terms, typically as long as 10 years on a fully amortizing basis.

(Find out how Atlanta retailers can remain relevant now.)

Globest.com: Does it matter what type of development the borrower is interested in moving into, whether it be a strip mall, multi-use project or traditional mall, for example?

Thomes: Each asset type has its own unique challenges when it comes to providing tenant financing. The bank must truly understand the specific market and what is appropriate for that business.

Similarly, the borrower needs to have demonstrated the same understanding. They need to share with the bank why a specific location or property is right for their business. For example, it is likely not prudent for a wholesale distributer to go into a residential center, nor would it be prudent for a retail sub shop to be located in the back of a large industrial park.

(This is how commercial real estate investors are transitioning.)