Commercial property loans are generally used for business or investment purposes. It can be used for purchasing or refinancing a commercial property.
The borrowers include: individuals, sole traders, partnerships, trusts, registered companies and SMSF entity. Employment could full doc, low doc and even PAYG. Common forms of properties used for secured term loans include- residential property (block of units, house, unit or townhouse).
| Specialised Securities Specialised securities are those where the premises are designed for a specific usage like:
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Suitable for multiple purposes
AMOUNT $250,000 to $100M+ | TERM Up to 15 years to 25 years | INTEREST RATES From 3% p.a. | REPAYMENTS weekly, fortnightly or monthly |