The All Finanz Group

The All Finanz Group

Finance - Commercial

There are many factors which determine your eligibility for a Commercial Finance approval, most importantly your income and deposit.

As a general rule you’ll need a deposit of 30% of the purchase price of the property plus upfront costs (legals, stamp duty), you can use equity that you may have in another real estate asset to make up this deposit.

Quick Reference

Purchase price of a commercial property at the banks lending value of 70%.

Refinancing a loan

There are many factors which determine your eligibility for a refinance approval, most importantly your income and account history with your current bank.

As a general rule, client are looking to consolidate some debt and find a package that may have more benefits then their current arrangement.

Many times clients look to refinance where they are purchasing another investment property (geared up) to grow their asset position. You can use equity that you may have in another real estate asset to make up your deposit (see buying an investment property).