CBM Mortgages helps you secure the right financing. With years of experience, we are one of Sydney’s most trusted commercial finance brokers. Our tailored solutions include variable, fixed-rate, and combinations of both, designed to meet your unique circumstances.
Commercial loans come with various terms, allowing businesses to choose the repayment schedule that best fits their financial situation and long-term goals.
We negotiate with Lenders to offer competitive interest rates on commercial loans, making it an affordable financing option for businesses looking to invest in real estate, asset purchases or for working capital.
Businesses can choose from different types of commercial lending, such as fixed-rate loans, variable-rate loans, and interest-only loans, depending on their financial strategy.
Commercial lending provides higher loan amounts compared to other types of business loans, enabling businesses to finance large-scale property purchases or extensive renovations.
As businesses make payments on their commercial property loan, they build equity in the property, which can be used as collateral for future loans or to secure better financing terms.
Most lenders require a professional valuation of the property being purchased, ensuring that businesses are paying a fair price and Providing peace of mind with the purchase.
A commercial loan broker can help business owners compare finance for property purchases, refinancing, working capital and other business purposes. CBM Mortgages provides commercial finance in Sydney by reviewing the proposed loan amount, available security, business financials and lender requirements before comparing suitable options. We can also assess business loans in Sydney for eligible commercial purposes.
Commercial property loans in Australia typically have a term of 3 to 15 years, compared to the 15 to 30 years common for residential loans.
The down payment required for a commercial loan is usually between 20% to 25% of the property's value but you can also look to leverage off existing property to reduce that deposit.
Contact us today to learn more and start your journey towards successful commercial property investment.
To qualify for commercial lending with CBM Mortgages, applicants typically need to meet the following criteria:
A strong credit history is crucial. Lenders will evaluate your credit score, payment history, and outstanding debts to assess your reliability as a borrower.
Lenders will require comprehensive financial documentation, including tax returns, balance sheets, profit and loss statements, and cash flow statements.
The commercial property itself typically serves as collateral for the loan. However, lenders may also require additional collateral, such as other real estate or business assets, to secure the loan.
A detailed business plan demonstrating the potential profitability and growth of the commercial property is essential.
Lenders will calculate your DSCR to ensure your business generates enough income to cover the loan payments.
A commercial property loan is finance used to purchase, refinance, develop or renovate property for business or investment purposes. This may include offices, retail premises, warehouses, industrial properties and some mixed-use developments.
Commercial property lending differs from residential lending because the lender may assess the property, lease arrangements, business financials, proposed use, loan-to-value ratio and the applicant’s ability to repay the loan.
Eligibility depends on the lender, the proposed loan structure and the applicant’s circumstances. A lender may consider credit history, income or business cash flow, existing debts, available deposit or equity, the property offered as security and the ability to make the required repayments.
For business applicants, the lender may also review financial statements, tax returns and the trading history of the business. CBM Mortgages can compare commercial lending options and explain the requirements that may apply.
The deposit or equity required varies between lenders and depends on factors such as the property type, location, intended use, lease arrangements and strength of the application.
Some borrowers contribute cash, while others may be able to use equity in another property. CBM Mortgages can calculate the proposed loan-to-value ratio and compare suitable commercial property finance options before an application proceeds.
Commercial property loan interest rates can be affected by the loan amount, loan-to-value ratio, property type, lease arrangements, borrower strength, repayment structure and lender selected.
Fixed, variable and interest-only options may be available. The interest rate should be considered alongside fees, loan terms, security requirements and any conditions attached to the commercial loan.
Commercial lending may be available for property development, construction and substantial renovation projects. The lender will generally assess the project costs, available equity, development experience, expected end value and proposed exit strategy.
Approved funds may be released through progress payments as construction milestones are completed. Requirements vary between lenders and projects, so the proposed commercial finance structure should be assessed before committing to the development.
A lender may consider rental income from the commercial property when assessing an application. The amount accepted can depend on the lease, tenant, remaining lease term, rental history, property type and lender policy.
The lender may also consider income from the applicant or business, existing financial commitments and the property’s ability to support the proposed debt. Rental income does not guarantee approval.
There is no single approval timeframe for every commercial loan. Timing depends on the lender, transaction complexity, property valuation, required financial information and whether the application is complete.
Straightforward applications may progress more quickly than development, low-documentation or complex business finance applications. CBM Mortgages can help prepare the application and coordinate the required information, but final approval remains subject to the lender’s assessment.
Yes, an existing commercial property loan may be refinanced with another lender or restructured with the current lender. Reasons may include reviewing the interest rate and fees, changing the loan term or repayment structure, accessing available equity or consolidating eligible business debts.
The process generally involves reviewing the existing facility, current property value, business financials, available security and purpose of the new commercial loan. Any potential benefit should be weighed against valuation costs, discharge fees, application fees and other refinancing expenses.
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