Commercial Lease Doc Loans are designed for investors with rental producing commercial properties. The Lease Doc product is where servicing is established by income from a lease servicing the debt without the necessity to provide financials or tax returns or confirmation of other assets or other liabilities.

A commercial lease doc loan is a type of loan offered by banks and other financial institutions to businesses that lease their commercial property. The loan is secured by the lease agreement between the business and the property owner.

“Lease Doc” refers to the fact that these loans typically require less documentation than traditional commercial loans. In many cases, a business may be able to qualify for a lease doc loan with minimal paperwork, such as a copy of the lease agreement and basic financial information.

The amount that a business can borrow through a commercial lease doc loan depends on several factors, including the value of the leased property and the business’s creditworthiness. Interest rates on these loans may be higher than those for traditional commercial loans due to the reduced documentation requirements.

Overall, a commercial lease doc loan can be a useful financing option for businesses that lease their commercial property and need to access capital quickly and with minimal documentation.

Suitable for Purchase, Refinance of Commercial Property in cat 1 to 3 locations.
Can be used for financing equipment and vehicles.
Credit History – Must Be Clear.
Cash out for business or investment purpose – no more than 25% of loan amount.
Loan Term 25 years (no reviews).
For Individuals, Partnerships, Corporate or Trust borrowers (5 Directors or Less).

Maximum Loan Amounts

$4,000,000 – 75% LVR (Cat 1)^

$3,000,000 – 80% LVR (Cat 1)^

$3,000,000 – 75% LVR (Cat 2)*

$2,000,000 – 70% LVR (Cat 3)*

Acceptable Securities

Shop Fronts.
Offices (strata office OK).
Industrial Units.
Factories.
Warehouses and Workshops.
Mixed Residential & Commercial use.

Income documentations for commercial lease doc loans

Satisfactory lease agreement for the proposed security property in a registrable format.

• Lease must have at least 24 months remaining.

• Lease must be at arm’s length to a third party.

• Where the property will not be tenanted until after settlement, a copy of the fully executed lease and evidence of the bond being paid is required prior to settlement.

• A draft lease will be acceptable prior to formal approval.