Are you thinking about buying a commercial property, either as your business premises or as an investor?
Here are few facts about commercial loans:
Commercial property loan rates can be higher than a regular home loan.
Commercial property loans often require a larger deposit than a regular mortgage.
Goods and services tax (GST) may apply when you buy a commercial property, so allow an extra 10% on the property’s purchase price.
May not have the ability to redraw or utilize an offset account to reduce interest.
Unlike standard residential home loans, the pricing and lending policies for commercial property loans are rarely set in stone, and many of the terms can be negotiated.
Applying for a commercial property loan is much more complex than a residential property, banks don’t publish their pricing and lending policies vary widely. It is for these reasons that many high net worth investors choose to deal with a specialist Commercial Mortgage Broker when buying a commercial investment property.
Why choose us with your commercial property finance?
Experience: We are your commercial finance expert, who can provide advice at every step. We won’t just get you a loan, we’ll help to guide you through your purchase.
Specialization: Are you involved in a complex transaction? We know that every commercial loan is different and can be affected by a wide range of variables that may require careful and extensive structuring in order to secure the optimum solution. We make commercial finance simple, providing you with the right loan that you need.
Relationships: We deal with expert Business Specialists with various lenders, day in and out and that’s what it makes all the difference.
Competitive pricing: We will negotiate with our panel of lenders to get approval for your loan at the most competitive interest rates.
Flexible lending policies: We know lenders with different risk appetites and funding sources who allow for larger loan sizes, flexible LVRs, terms and conditions.
Varied offerings: We also offer Commercial loans both through Major Banks and non-bank lenders with more flexible view on lending- avoid ‘putting all your eggs in one basket’
Access to ‘set and forget’ facilities with no annual reviews
What type of commercial properties can you get a loan for?
We can help with a range of commercial property finance requirements including:
Purchase of retail, industrial, residential and commercial property- Offices, Warehouses, shops, factories etc.
Construction retail, industrial, residential and commercial property.
Specialist securities such as child care centers, hotels, motels, playcentres, gyms, hospitality venues, rural farms, caravan parks, petrol stations etc.
Every borrower is different, so knowledge expertise and experience matter.
