Commercial Loans

Commercial property loans can help you achieve your business goals, whether it's expanding your operations, investing in a new location, or consolidating your assets.

Types of Commercial Property Loans

- Owner-Occupier Loans: Finance for businesses to purchase their own premises

- Investment Loans: Loans for investing in commercial property, such as office buildings or retail spaces

- Development Loans: Funding for property development projects, including construction and renovation

- Refinance Loans: Refinance existing commercial property loans to improve terms or access equity

Key Considerations

- Interest Rate: Competitive interest rates apply, often variable or fixed

- Loan Amount: Borrow from $50,000 to $500,000 or more

- Loan Term: Typically 5-15 years, with regular repayments

- Security: The commercial property being purchased or refinanced serves as security

- Loan-to-Value Ratio (LVR) : Typically up to 80% of the property's value

Loan Features

- Fixed or Variable Interest Rates

- Interest-Only Repayments

- Flexible Loan Terms

- Multiple Security Options

Tips for Securing a Commercial Property Loan

- Prepare a Solid Business Plan: Demonstrate your business's viability and growth potential

- Improve Your Credit Score: Ensure your personal and business credit history is strong

- Ensure when dealing with your accountant, you make them aware of your intention to borrow so your financial statements are reported accordingly. 

- Keep your business & personal finances separate (i.e. separate bank accounts and credit cards) to ensure a clean and clear application is presented to the lender. 

Commercial property loans can help you achieve your business goals and secure your business premises. By understanding the types of loans available, key considerations, and tips for securing a loan, you'll be well-equipped to make informed decisions about financing your commercial property.