Commercial Property Loans

Getting a commercial property loan approved

The method that banks use to assess commercial property loans is complicated as each application and security property is unique. Working out which lender is right for you isn’t easy because no bank is going to tell you that they aren’t the market leader in a particular area.

Choose the right lender

Which lender specialises in the type of finance that you are after? We tend to see one or two banks dominate each niche within the commercial funding market. For example, we would recommend different banks for different client types:

• Startup businesses.
• Low risk commercial property investors.
• Highly-geared commercial property investors.
• Corporate borrowers.
• Developers.

By choosing a lender that has more experience lending to people with properties like yours, you’ll be much more likely to get your commercial property loan approved.

Present a strong case

You need to highlight the strengths of your application and present your situation in the way that the bank prefers to receive it. Often, banks have their own templates and forms that they want filled in. Some banks like to see as much information as possible whereas with others it is best to provide the bare minimum.

Getting a low interest rate

Each lender has a different cost of funds depending on where they obtain the money that they lend out. Naturally, the lenders with lower risk appetites tend to have lower interest rates. Many lenders have a risk matrix which they use to price a larger commercial property loan. This risk matrix is a lot different to smaller commercial transactions where the LVR, loan size, and loan amount are the main determiners of the interest rate and fees. We are experienced at negotiating with lenders on terms and conditions to get your commercial loan approved and well-priced.

It’s just a matter of taking the first step.

Business Loans

We work directly with Chartered Accountants and Financial advisers and we’re a trusted finance partner for our many business clients.

We advise on the suitability and competitiveness of existing loans and help acquire new funds.

We specialise in helping businesses with:

• financing purchase or startup of businesses
• restructuring debt
• refinancing to a more competitive lender
• obtaining new loans to fund growth
• conducting financial audits
• financing equipment purchases

Many business owners have found that they can save thousands of dollars in interest expenses by undertaking a review of their finances.

We can customise any of the following solutions to suit your business:

• Term business Loans
• Overdrafts
• Financial Audits
• Invoicing Finance
• Bulk Principal Repayments
• Debt Consolidation

It’s just a matter of taking the first step.

SMSF Loans

For a number of years now, Self Managed Super Fund (SMSF) loans have been an increasingly popular method to further growing a retirement nest egg. The reason for this is it gives borrowers the chance to use an asset that they wouldn’t normally have been able to call upon – their superannuation.

What you need to know

It’s worth nothing that some restrictions apply when utilising an SMSF for property investment. These can include:

• Ensuring that the property provides solely retirement benefits to its member(s)
• The property cannot be lived in or rented by a member of the SMSF (or their relations)
• The property cannot be received from any related parties of the SMSF member(s)

The good news is that both residential and certain classes of commercial properties are allowable for SMSF loans, however different lenders have different policies for each type.

With our access to over 40 lender partners, including our in-depth knowledge of their SMSF loan policies, we can help you find the loan that is ideal for your needs.

It’s just a matter of taking the first step.