A commercial property loan is a type of loan that is specifically designed to help finance the purchase, renovation, or development of commercial properties. These properties can include office buildings, warehouses, shopping centers, hotels, and other income-generating real estate.

Commercial property loans are typically offered by banks, credit unions, and other financial institutions. These loans can be used to purchase a property, refinance an existing property, or finance the renovation or development of a property.

The terms of a commercial property loan can vary depending on the lender and the borrower’s creditworthiness. Generally, commercial property loans have higher interest rates and require larger down payments than residential mortgages. The repayment period for these loans is typically shorter, and the loan may be secured by the property being financed or other collateral.

Commercial Property Loan are suitable for these Purposes

This product is suitable for Purchases, refinance of an Investment Commercial Property to 80% LVR. Available to Prime PAYG applicants that have been in the same job for at least 6 months and similar industry for 2 years and Self Employed with 2 years of lodged financials .

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. Note: If bad credit visit this page for Bad Credit Commercial Property Loans.
Cash out for business or investment purpose to 75% LVR
Loan Term 25 years (no reviews)
For Individuals, Partnerships, Corporate or Trust borrowers.

Maximum Loan Amounts on Commercial Property Loans

$5,000,000 – 70% LVR (Cat 1)^

$4,000,000 – 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 documentation

(PAYG) Last 2 pay slips plus one of the following: Letter of employment, Tax assessment notice, Latest income statement from MYGOV website or 3 months bank statements
(SELF EMPLOYED) 2 years tax returns for Companies and last 2 personal returns for sole traders and tax assessment notices minimum 2 years ABN registration.