The Commercial Core product is designed for businesses with a track record and demonstrated exit strategy seeking a straight-forward commercial loan (first and second mortgage) with or without interest rate certainty and no fixed line fee.
Companies or trusts with a company trustee that are obtaining the loan for business purposes.
Engine Capital can facilitate settlements as quickly as 72 hours subject to the applicant providing all the required information upfront to enable assessment of the loan.
There are no early repayment fees for variable rate loans. You can repay your loan with 30 days’ notice subject to any minimum terms. If you have fixed your interest rate for a period and wish to break it before maturity, there may be a break cost.
Absolutely. There are no restrictions on cashout amounts on any of our products.