COMMERCIAL PROPERTY
FINANCE
Purchase or refinance of an Office, Retail Store, Warehouse, Factory & more
COMMERCIAL PROPERTY
FINANCE
There are different types of commercial properties, some of the well known types of commercial property are – commercial office, retail shopfront or warehouse. But there are also other specialized properties such as a hotel, childcare centre, nursing home, petrol station, warehouse, factory, function centre and more.
For different types of commercial properties, there are different loan options available to borrowers. Commercial property finance is typically for lending for shops, office buildings or industrial assets such as warehouses and factories. Such assets may be built or purchased with the aim of renting them out. At Reliiance Commercial, we are fully equipped to look after all your requirements to purchase or refinance a commercial property.
Commercial loans differ from residential lending in that they are typically more straightforward to apply for. This is due to the fact that residential lending is highly regulated. At the same time, as commercial properties are more susceptible to slumps in the economy, lenders generally consider these to be a higher-risk investment than residential. What’s more, while lenders for residential property loans are fairly transparent with their interest rates, the same doesn’t hold true for commercial property loans for which the rates are not always made public.
There is a wide range of lending options available to businesses looking to finance the acquisition of a property, refinance an existing property backed facility. While evaluating applications, commercial property lenders look at a variety of financial aspects such as purpose of loan, credit checks, down payments, property appraisals, and more.
General list of properties which qualify for commercial property loan:
- Commercial Office
- Aged care centres
- Car yards
- Childcare / preschools
- Farms / other rural properties
- Function / reception centres
- Land subdivisions
- Petrol stations
- Commercial property developments (or residential)
- Pubs / hotels / taverns
- Restaurants
- Vineyards
At Reliiance Commercial, we first aim to have a clear understanding of your requirements, then we’ll negotiate with our lenders to select the most appropriate commercial property loan for you. We’d be happy to have a chat with you to understand your project and explore your options.
Call Reliiance Commercial on 02 9893 7881
COMMERCIAL FLEET
finance
UTEs, Commercial Vans, Delivery trucks, Mini Buses, Large Trucks and more
