Commercial Property Loans
Commercial Property Loans
Securing commercial finance requires the expertise of a specialist team. Our consultants are able to package your loan application and present it to the most appropriate lender.
Commercial lenders will evaluate your application based on a number of criteria and we are able to assist you in guiding you through this sometimes complicated process.
| Applicant type | Individuals, Companies, Trusts, Partnerships |
| Location | Case by Case but Generally Capital City and Major Regional Population Areas. |
| Income: required proofs | Full Doc: Last 2 years of lodged Financial including P&L & Balance Sheet + Personal returns if applicable.
Low Doc – Either / Accountants Declaration or 6 months of BAS or 6 months of Business Bank Statements Lease doc – Arms length lease to cover repayments less costs Asset Lend – No proof of income required – Borrower must be Company or Trust with Interest & Fees Capitalised up to maximum LVR |
| Loan amounts | $3,000,000 at 75% LVR (Full Doc, Low Doc and Lease Doc)
Up to $5,000,000 to 65% LVR (all products) |
| Purpose | Property purchases, Refinancing of existing loan, Equity release for property improvement, investment, working capital and business expansion |
| LVR | Full Doc Loans up to 75% LVR. Low Doc Commercial Loans up to 75% LVR. Lease Doc Loans up to 70% LVR. Asset Finance (must be Company or Trust as Borrower) |
| Acceptable securities | Strata offices and office blocks Industrial units, factories and warehouses Retail premises, including mixed use Professional rooms and suites |
| Credit related issues | Considered to 75% on Full Doc and > 75% LVR on Low doc |
| Variable, fixed or both | Both |
| P&I, I/O, or both | Both |
| Loan Term | 1 – 30 years (full doc, low doc & lease doc) 1 – 3 years Asset Finance |
| Establishment Fee | TBA (depending on lender) |
| Brokers Fee | Yes |
| Lenders Legals | At Cost |
| Valuations | At Cost |
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