Commercial Loans

Commercial Property Finance involves financing of fixed property used exclusively by owners and / or tenants for trading purposes or for providing professional or other services for financial gain. This includes office and general commercial accommodation. … Properties to be purchased as an investment property.

Commercial property loans usually need a deposit of at least 30% of the purchase price.
Yes! It is possible to get a commercial property loan as some banks provide this facility. But there are differences when you go for a residential property loan and a commercial property loan which you need to know.

Unlike residential loans, the terms of commercial loans typically range from five years (or less) to 20 years, and the amortization period is often longer than the term of the loan. A lender, for example, might make a commercial loan for a term of seven years with an amortization period of 30 years.

The best reason to invest in commercial over residential rentals is the earning potential. Commercial properties generally have an annual return off the purchase price between 6% and 12%, depending on the area, which is a much higher range than typically exists for single family home properties (1% to 4% at best).

Contact us to discuss Commercial Loans today