This is the year for commercial loans! The growth in lenders and commercial loan products has been explosive over the last couple of years. Unfortunately, most of the gains were wiped off due to the US sub-prime melt down and the subsequent damage it did to the Australian lending industry.

There are signs that it's starting to sort itself out now so hopefully Commercial lending will re-visit the strong growth it had and kick on even further.

The growth has mainly come in the low documentation style loans which (in some cases) lenders will do up to 75% of the value of the property.

Loans for credit impaired has improved dramatically with loans up to 70% of the value of the property and, with a wider range of lenders, we can more easily separate your residential property from your commercial property to help protect your assets.

The other major change in Commercial loans is the ongoing requirements that have previously been very tedious. Most lenders are now bringing out a set-and-forget style loan similar to residential loans. 30 year terms, no reviews and still at competitive interest rates

Asset Lends are still available with very few questions asked and are available to just about everyone wanting a commercial loan, provided you are not currently in bankruptcy.

As Commercial has changed so recently, some restrictions apply to areas and property types. If you have a scenario you would like to run past our commercial expert, please feel free to call for a no obligation chat on 1300 139 883 or do the online application by clicking the button below