We provide mortgage-backed commercial loans to SMEs & developers. Loans range from $100,000 to $40,000,000. We specialize in helping in situations where other lenders say no – helping our customers with swift, effortless mortgages so that they can get back to business.
| Current products | Future Products | |||||||
|---|---|---|---|---|---|---|---|---|
| Commercial Core | Commercial Invest | Commercial Dynamic | Commercial Constructor | Commercial 360° | ||||
| Purpose | Swift, effortless lo doc & self- certified loans – perfect for the everyday small business |
Solving the red tape burden placed on SMSF trustees, investors, and non-residents |
Making the complex easy – tailor made lending for growing SMEs |
Competitive construction solutions without the high hurdles imposed by banks |
Swift, effortless low doc to full doc mortgage lending for established businesses without the red-tape |
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| Loan size | Min $100,000 Max $5,000,000 |
Min $100,000 Max $5,000,000 |
Min $500,000 Max $40,000,000 |
Min $250,000 Max $25,000,000 |
TBC | |||
| Term | 12 months | 12 months | 12 months | 24 months | Days to Years | |||
| Acceptable security & max LVR |
House | 70% | House | 70% | House | 70% | Up to 65% of NRV Up to 80% of TDC Up to 55% of land |
Residential |
| Unit | 65% | Unit | 65% | Unit | 65% | Commercial | ||
| Commercial | 65% | Commercial | 65% | Commercial | 65% | Industrial | ||
| Land | 60% | Land | 55% | Land | 55% | Land | ||
| Repayment type |
Interest only, monthly in advance |
Interest only, monthly in advance |
Interest only, monthly in advance |
Capitalised for term of loan, charged on drawn limit |
Capitalised, interest only & amortization |
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| Interest rates |
From 7.95% | From 7.95% | From 7.95% | From 7.95% | TBC | |||
| FMF | From 0.1% | From 0.2% | From 0.2% | From 0.2% | TBC | |||
| Estab. Fee | 2.2% | 2.2% | 2.2% | 2.2% | TBC | |||
| LMI | Required | Required | Required | Not Required | TBC | |||
