Whether you’re looking for a business loan to purchase a retail store, a factory, a farm or an office block, Assured Lending will be with you all the way. We will find tailored finance solutions to suit your specific needs. Once we have a comprehensive knowledge of your situation, we’ll compare business loans from Australia’s leading lenders.
We work with businesses looking to expand, as well as individual investors looking to purchase a commercial premises to lease. We’ll liaise with the lenders and your accountant, on your behalf, and assemble your business loan application for you.
- Before considering loan options, your Assured Lending Broker will get a full understanding of your business and your future goals.
- We’ll explain the pros & cons of the different types of business loans available for your purchase.
- We’ll compare business loans from a wide range of lenders to find the best solution.
- We’ll contact the commercial relationship managers at the lenders offering the most suitable options to discuss your specific circumstances & negotiate the best possible terms and rates on your behalf.
- We’ll do all the application paperwork for you and keep you updated at every stage of the loan application process.
Your Broker will get a comprehensive assessment of your financial situation and how your commercial purchase will impact your business and tax situation moving forward. They will liaise with your your accountant, business manager or financial planner to ensure all your needs are being met.
You will be assigned with your own Commercial Broker who will be your point of contact throughout the entire purchase process and beyond. You will have all their direct contact details and can meet with them, or call them, both during and after business hours. Your Broker will stay in contact with you after your purchase is finalised, providing further assistance down the track as your business or investment grows. They can assist you with vehicle & equipment finance, refinancing your commercial property as your needs change or obtaining personal finance in the future.
Long term leases
The leasing terms on a Commercial property are generally much longer than residential properties. Commercial leases tend to go for several years as apposed to 6 to 12 months for a residential lease. These longer terms will provide you with greater certainty of rental income. Commercial leases also tend to be reviewed annually. The down side to leasing a commercial property is that vacancy periods can be longer.
GST on your commercial property
Goods and services tax (GST) applies when you purchase a commercial property. You need to allow an additional 10% on the property’s purchase price. As an investor, you can claim this GST back as an ‘input tax credit’ against GST charged on the property’s rent.
Reduced maintenance costs
The costs of maintenance, rates and repairs for a commercial property are generally much less than residential because they are paid by the lessee. This means a greater percentage of the rental income goes towards your profit. You need to ensure your commercial lease agreement clearly states who is responsible for the ongoing expenses for the property.
Commercial properties with a limited purpose
If you have a commercial property that is designed for a specific purpose, it will be harder to secure a lessee. Consider properties with multi-use appeal so you can attract a larger range of tenants.
Location is always key
As with all property investments, the location will play a significant role in the success of your commercial property. Important factors to consider are good transport links, a nearby pool of workers, and surrounding businesses that could offer support to lessees.
Rental returns on commercial property
Commercial properties generally have a higher return on investment than residential but they also come with a higher risk. The choice to invest in a commercial property as apposed to residential will depend on your financial circumstances, experience, goals and willingness to take on a higher risk investment.
Commitment to the best outcome for my company were evident throughout.
“I couldn’t have asked more of Assured Lending Mortgage Brokers, facilitating with the purchase of a commercial factory for my rapidly expanding company. Our Broker developed an in-depth understanding of the business, and our growth potential, before presenting our circumstances in a comprehensive manner, to secure the best possible business loan for us. He project managed the entire process, from start to finish, communicating between myself, our accountant, and the commercial banker. His experience and extensive knowledge of the commercial lending landscape, along with his high level of engagement and commitment to the best outcome for my company were evident throughout. I would not hesitate in recommending Assured Lending to anyone looking for a business loan. I will continue to use their services for all my future business and personal finance needs”.
Matt Alanko. Director, Pastry R Us.
We can also help with Commercial Vehicle & Equipment Finance or Low Doc Residential Home Loans for business owners. Click on the icons below for more information on these types of loans.
ABN 36808038647 ASIC Credit Representative Number 475144 Mortgage Finance Association of Australia Membership 122451 Credit & Investments Ombudsman Membership M0028185.
QH & AH Pty Ltd trading as Assured Lending ACN 163345739. QH & AH Pty Ltd is a credit representative (475144) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237).