Our Commercial Loan is a long-term solution for anyone seeking financial assistance with a commercial venture.
- A 30 year term provides borrowers with ‘peace of mind’. There is no chance that the lender will call up the loan or increase the risk factor.
- There are no annual reviews or revaluations. This is a genuine set and forget facility for both the lender and borrower. This reduces stress dramatically as there is no need to worry if property value has changed or if fluctuating turnover figures will impact on the loan.
- All rates are competitive and there are NO hidden fees.
- Quick turn around time. You know where you stand with your loan within 48 hours.
- LVR up to 75% for loans between $100,000 and $5M.
- A commercial loan works like a home loan. It contains all the features of a home loan but also includes commercial security.
- The settlement process is rapid and includes Title Insurance.
The following properties are acceptable as security:
- Retail shops
- Industrial buildings
- Residential apartments
- Commercial offices
- Serviced apartments
- No annual review
- 30 year loan term
- Redraw facility
- Interest only for up to 5 years
- Lease doc
- No revaluation
- Loan over $5m
- Call Faraday West direct
Contact Faraday West today to discuss your next commercial venture. We will explain the application process and interest rates currently available.