Commercial Loans

When it comes to commercial loans, it’s crucial to have a loan package tailored to your specific needs. Whether you’re an individual, partnership, or entity of any size, we can help you find the perfect fit by comparing options from over 40 lenders. While the overall process is similar to residential lending—requiring proof of a deposit and the ability to repay the loan—it does become more complex. Leveraging my years of experience in commercial lending, we can guide you through this complexity to achieve your goals. Our expertise will help streamline the process, making it as stress-free as possible to find the ideal solution.

Residential vs. Commercial Loans – Key Differences:

• Vacancy Periods: Commercial properties often experience longer vacancy periods compared to residential properties.

• Maintenance Costs: In commercial properties, the lessee typically covers maintenance, rates, and repair costs, resulting in higher profits for the property owner. In residential properties, these costs are usually borne by the landlord.

• Lease Terms: Residential leases generally range from 6-12 months, while commercial leases can extend for much longer periods.

• GST: Purchasing a commercial property involves paying Goods and Services Tax (GST), which can increase the property’s cost by 10%.

If you’re considering purchasing a commercial property or simply want more information, reach out to us today by filling out the online application form. We’ll get back to you promptly.