Commercial Loans Melbourne
Commercial Loans Brokers – Melbourne, Niddrie, Airport West, Avondale, East Keilor, Moonee Ponds Servicing Australia Wide.
At Trent’s Mortgage and Finance Broking we offer a range of services. Our commercial loans team are experts for commercial property loans in Melbourne, Niddrie, Essendon, Airport West, Avondale Heights, East Keilor, Moonee Ponds. Whether you buy a commercial property, we can provide you a loan solution to suit your requirements. Book in for a free appointment to find out how we can help you.
What is commercial lending?
A commercial loan is most commonly defined as one of the following measures:
- Higher value business loans in excess of $1million.
- Loans for purchasing commercial property/real estate.
- General business loans with commercial intent.
Commercial Real Estate
Loans are available for purchase or refinance of commercial properties.
- The loan size ranges from a minimum of $150,000 to a maximum of $3,000,000.
- Maximum LVR (Loan to Valuation Ratio) is 75% for Full-doc.
- Maximum LVR (Loan to Valuation Ratio) is 70% for Alt-doc
- The maximum loan term is 25 years
- Principal and interest loans are available
- Interest only is available for a maximum of 5 years
What is acceptable security?
- Residential (single security) 85% LVR
- Residential (up to 3 dwellings) 75% LVR
- Residential (more than 3 dwellings) 70% LVR
- Industrial units/warehouses 75% LVR
- Mixed residential and commercial use 75% LVR
- Strata office and showrooms 70% LVR
- Vacant industrial land 65% LVR
- Childcare centres 60% LVR
- Boarding houses 60% LVR
Unacceptable Securities
- Development Sites
- Rural Properties
- Motels
- Hostels/Backpackers
- Construction Projects
- Places of Worship
- Private Hospitals
- Retirement Villages
- Resorts/Theme Parks
- Recreation Complexes
- Marinas
- Brothels
- Casino/Clubs
- Caravan Parks
- Vineyards
- Display Homes
- Petrol Stations
- Properties Registered under the National Rental Affordability Scheme (NRAs)
- Abattoirs
- Contaminated Land Sites
- Farms
- Hotels/Clubs
Our Lenders
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