Commercial loan question

[Eric Berkner]

If you take out a 10 year commercial loan, amortized over 30 years, with a balloon payment at 10 years, what happens 10 years from now when the interest rates are definitely going to be higher than they are now? I'm assuming you find a bank to refinance the loan but is there any risk of the banks rejecting this loan? Just trying to grasp the commercial loan risks as I am only familiar with the residential loans. 

Thanks