Looking into a commercial loan? Here’s what you need to know before diving in.
A commercial loan helps you buy property or fund projects used for business purposes. This could mean an office space, warehouse, retail shopfront, or even equipment financing.
When assessing your application, lenders look at more than just your credit score. They’ll also consider your business income and cash flow, lease agreements (if the property is being rented out), your financials and business plan, and the type of property or asset you’re financing.
There are also different types of commercial loans to suit different situations:
🔹 Full-doc loans (with full financials)
🔹 Low-doc loans (for those without up-to-date financials)
🔹 Lease-doc loans (based on rental income)
🔹 SMSF loans (using your super to invest)
Each has its pros and cons, and the right one will depend on your goals and documents.
At Finselect, we help you navigate the complexity of commercial lending. We match you with the right lender, guide you through the paperwork, negotiate better terms, and make the process smoother from start to finish.
Thinking of buying your first commercial space or expanding your portfolio?
Contact us to explore your options.
