Commercial Property Finance
Purchasing a commercial property? Leverage our 25+ years experience and get the best outcome today.
Commercial Property is a specialised asset class that can bring about great yields and capital gains if used strategically, however given the many types of commercial property, not all are treated equally by the banks.
We use our 25+ years of commercial banking experience to guide investors around the best way to structure their facilities, access equity and
further their investing via traditional and non-traditional finance avenues to allow them to capitalise on commercial opportunities as they present themselves. From term loans, lines of credit, fit out , cash out and lease doc facilities, we have the experience to optimise your commercial property portfolio and tackle your investment goals.
We tell clients that it's not the colour of the bank that determines credit outcomes, but rather the quality of the information and discussion paper you submit to the RIGHT BANKER at the RIGHT BANK having the RIGHT CONVERSATIONS that safeguards credit outcomes. We use our extensive network in commercial property banking to ensure we align ourselves with active proficient commercial bankers to ensure we achieve your goals.
Key benefits of using Evoke:
- Advice from award-winning mortgage and finance brokers with over 25+ years experience in commercial banking
- Access to rapid debt reduction strategies to help you own your assets sooner, saving you hundreds of thousands over the life of your commercial loans
- Access to 60+ bank, non-bank and private lenders and the best commercial property interest rates in the market
- Peace of mind that you are always getting the best deal with 6-monthly interest rate reviews and annual strategy sessions
- Access to your own personal finance broker for the life of your loan
For more about Commercial Property Finance, request a call below.
Commercial Property Finance FAQ
What is Commercial Property Finance?
Commercial property finance is the funding and financial arrangements related to commercial real estate. Essentially properties used for business purposes. Examples are: office buildings, hotels, warehouses, shopping centres, and apartment complexes.
Whether you're purchasing new property, renovating an existing income-producing property, or refinancing debt on a commercial property you already own, commercial property finance provides the necessary capital.
What loan-to-value ratio (LVR) can I borrow and how does it affect commercial property financing?
The LVR ratio compares the loan amount to the appraised value of the commercial property. A higher LVR means you're borrowing a larger percentage of the commercial property's value. With a higher Loan-To-Value ratio, lenders may assess a higher level of risk and as such request additional collateral of apply higher interest rates. A lower LVR generally will result in a better outcome.
Typically banks will lend 70-80% against a commercial property (non-specialised) subject to serviceability and personal circumstances.
What factors should i consider when choosing a lender for commercial property finance?
When selecting a commercial property finance lender, consider the following:
- Lender Reputation
- Eligibility Criteria
- Flexibility
- Loan Terms
- Interest Rates
- Lenders Fees
How do I maximise yield on a commercial property?
- Regular maintenance and upgrades
- Optimising lease agreements
- Diversifying your mix of tenants
- Enhance property value through strategic property improvements
- Efficient property management
Disclaimer: Subject to the lender's terms & conditions and credit approval criteria. Please ensure you seek your own personal legal and taxation advice for your situation.