We can help you with the following types of commercial loans:-
Short term commercial loans
Fast commercial loans
Low Doc commercial loans
No Doc commercial loans
Full Document commercial loans
Where do I start with a commercial loan?
In commercial lending the purpose can have an impact on the loan structure and security.
Who is borrowing:
Many commercial investors establish new companies or trusts when purchasing a commercial property. It is important to know how the entities are structured and be aware that when dealing with companies and trusts, banks may ask for guarantees from all the directors, shareholders, beneficiaries and or associated entities.
Quality of security:
There are many different types of commercial properties and loan to value ratios may vary. Talk to a valuer or local commercial agent to get an indication as to value.
Commercial loan serviceability:
If you are self employed, make sure you are clear on your personal and business liabilities. This may help the bank be more open with their approach to business income, addbacks and serviceability.
And finally, enjoy.
Getting a commercial property purchase correct can be very rewarding.