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Commercial Loan

Commercial Loan

We are also a highly experienced commercial brokerage which has a large network of lenders that to be at your disposal. We are able to assist with professional investors, developers or experienced occupiers. Whether it is a basic or complex loan we will negotiate you a package to help you to financial freedom and manage your own portfolio the way you need to.

A commercial loan is a solution for property, development and business finance. A commercial loan can be used for a number of reasons such as:

  • Purchase of retail, industrial, residential and commercial property.
  • Construction of retail, industrial, residential and commercial property.
  • Specialist securities such as child care centres, hotels, motels, caravan parks and petrol stations.
  • High LVR where you can borrow up to 80% of the property’s value.
  • True NO DOC commercial loans up to 65% LVR up to 25 years.
  • Credit impaired solutions for those with a poor credit history.
  • Lease Doc for investment purchases – no financials just rental income.

Although the above is just a simplified list of what a commercial loan is commonly used for, there are many more options available. Let the team at Finance Detective help you find the right loan for your business.

For more information on the types of loans available book a free consultation by calling (08) 9289 7777.

 

Commercial Fixed Rate Loan

A Fixed rate commercial loan, gives you the security of knowing exactly what your repayments will be every month.

Interest rateFixed interest rate for terms of 1-5 years
Loan termPrincipal and Interest 5, 10, 15 years
Interest Only terms up to 5 years
Loan redrawAt the end of the fixed term only
Loan repaymentPrincipal and Interest or Interest Only
Paid byDirect debit
Additional paymentsLump sums of up to $20,000 per calendar year
Monthly feeNo monthly fees or charges

 

Commercial Variable Rate Loan

A variable rate loan lets you take advantage of the competitive interest rates, allowing for flexibility in features and no ongoing fees.

Interest RateVariable interest rate
Loan termPrincipal and Interest 5, 10, 15 years
Interest Only terms up to 5 years
Loan redrawYes – Minimum of $10,000 per redraw
Loan repaymentPrincipal and Interest or Interest Only
Paid byDirect debit
Additional paymentsYes, at any time
Monthly feesNo ongoing monthly fees 

 

Commercial Equity Loan

A commercial equity loan is a line of credit that will help your business purchase or refinance commercial property with the interest only being charges to the balance drawn.

Interest rateGreat variable interest rate
Loan termReviewed at the end of 5 years
Loan redrawYes – Minimum of $10,000 per redraw