SMARTSEARCH FINANCE

Commercial Loans
Australia Wide.

Commercial property, home loans, business and asset finance loans from more than 400 lenders.

Licenced and professional advisors

Today's Interest Rates

Updated 20th September 2024.

  • Commercial Variable from 6.14%
  • Commercial Fixed from 6.12%
  • Lease Doc from 6.74%
  • Commercial Low Doc from 7.49%
  • Home Loans from 5.99% CPR 6.02%
  • Residential Fixed from 5.79% CPR 6.30%

    • $3,000 CASH BACK for Residential Loans

Get More Rates

OUR SERVICES

Highly qualified specialists in commercial finance and residential lending that are educated, licenced and ASIC registered.

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Commercial Property Loans

  • Commercial Loans for retail, office and industrial freehold for investors and owner occupiers. Development finance for retail and industrial units.
  • Refinance of commercial property loans for better interest rates and expired loan terms.
  • High LVR up to 80%, Low Doc, credit impaired solutions, lease doc for investors and short term finance.

  • See more Commercial Loan Information.

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Home Loans

  • Home Loans for owner occupiers and refinance. Rates for investment, construction, low doc, poor credit and SMSF please enquire.
  • Refinance of residential property loans for better interest rates and lower repayments.
  • High LVR up to 95%, Low Doc, credit impaired solutions, lease doc for investors and short term finance.

  • See more Home Loan Information.

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Business Loans

  • Solutions for small, medium and large scale business operations. We work with the major banks, non bank lenders and private finance investors.
  • Most major franchises funded. Business with strong financials and longevity in the market places.
  • Working capital, receivable finance and specialist businesses will also be considered on a case by case basis.

  • See more Commercial Loan Information.

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Car & Equipment Finance

  • Car loans and lease available. Includes light and heavy commercial vehicle. Commercial hire purchase, novated lease and chattel mortgage options available.
  • Leasing for medical and dental equipment, farm/agricultural, computers and office equipment.
  • Low doc options available for those entities with a strong asset base.

  • See more Car and Equipment Interest Rates.

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Mortgage Calculators

  • Online commercial loan and residential calculators that calculate mortgage repayments.
  • Calculate the total REAL ANNUALISED interest rate to find your exact costs.
  • Interest only repayments are also available.

  • See more Commercial Loan Calculators.

  • See more Home Loan Calculators.

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Our Network

  • 30 plus bank and non bank lenders for traditional commercial and residential lending.
  • Private lenders sourced from our expanded network for those that need quick alternate finance from traditional lenders .
  • Large network of brokers and specialists in all type finance.

  • For more information Contact Us.

Looking For Assistance?

Send through and online enquiry and one of our qualified and ASIC registered consultants will contact you quickly.

TODAY'S INTEREST RATES

Last Updated 20th September 2024. Interest rates are subject to change. Reserve Bank of Australia kept the cash rate at 4.35% on 7th August 2024.

Loan Type Interest Rate Loan to Value Security Type Quotes
Traditional Lenders
Variable Interest Rates 6.14% to 10.74% 80% Commercial Enquire
Variable Interest Rates 6.14% to 8.59% 90% Residential Enquire
Fixed Rates From 6.12% to 8.89% 80% Commercial Enquire
Lease Doc From 6.74% to 8.89% 80% Commercial Enquire
1 Year Fixed from 6.33% to 9.81% 80% Commercial Enquire
2 Year Fixed from 6.21% to 9.93% 80% Commercial Enquire
3 Year Fixed from 6.12% to 9.88% 80% Commercial Enquire
5 Year Fixed from 6.26% to 9.71% 80% Commercial Enquire
Self Employed Low Doc from 7.19% 80% Commercial Enquire
Development Rate from 4.89% + line fee 75% Commercial Enquire
SMSF Self Managed Super Fund from 7.49% 80% Commercial Enquire
Medical Professionals from 6.12% 100% Commercial Enquire
Private Lenders
Variable Interest Rates from 7.04% to 10.38% 80% Commercial Enquire
Fixed Rates from 8.35% to 11.15% 80% Commercial Enquire
SMSF Property Finance from 7.99% 75% Commercial Enquire
Development Finance from 7.45% 75% Commercial Enquire
Please Note: that the above interest rates are only examples. Interest rates are subject to change Pricing and maximum LVR will vary based on the location, facility size, type of asset and quality of the overall transaction. Lowest pricing based on facilities $5M+. Please complete an online form so we can assess your commercial lending needs.

$3,000 CASH BACK for home and investment loans refinanced over $250,000. For more information request a Home Loan Quote
Loan Type Interest Rate Loan to Value Security Type Quotes
Home Loan Interest Rates
Variable Interest Rates 5.99% CPR 6.01% 95% Residential Enquire
Variable 100% Offset 6.04% CPR 6.21% 95% Residential Enquire
1 Year Fixed 5.79% CPR 6.13% 95% Residential Enquire
2 Year Fixed 5.59% CPR 6.06% 95% Residential Enquire
3 Year Fixed 5.59% CPR 6.01% 95% Residential Enquire
5 Year Fixed 5.74% CPR 5.99% 95% Residential Enquire
Investment Interest Rates
Variable Interest Rates 6.24% CPR 6.26% 95% Investment Enquire
Self Managed Super Fund - SMSF 6.99% CPR 7.50% 95% Investment Enquire
1 Year Fixed 5.95% CPR 6.55% 95% Investment Enquire
2 Year Fixed 5.79% CPR 6.26% 95% Investment Enquire
3 Year Fixed 5.79% CPR 6.21% 95% Investment Enquire
5 Year Fixed 5.89% CPR 6.14% 95% Investment Enquire
Low Doc Interest Rates
Variable Interest Rates from 7.19% CPR 7.63% 80% Low Doc Enquire
Fixed Rates from 7.23% CPR 7.32% 80% Low Doc Enquire
WARNING: The comparison rates (CPR) for all home loans are based on secured credit of $150,000 and a term of 25 years. The comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.

Smart Search Finance is not making any suggestion or recommendation about a particular credit product from this website. You may be viewing a product that is unsuitable for your lending needs. It is highly advised that you speak to one of our qualified licenced advisors or the relevant financial institution to ensure that interest rates, product information and your financial needs are suitable to apply for that product.
Due to the complexity and many variables associated with business loans we are unable to publish business loan interest rates. Please complete the online Business Loan Quotes page accurately as possible so we can assign a business lending specialist to discuss your business finance.
Interest rates from 6.25% Please complete the online Lease Quotes form so we can assign one of our leasing specialists to discuss your finance needs
Get Free Quotes Here

BANK, NON BANK AND PRIVATE LENDERS

We are accredited with a large range of lenders so we can provide a solution for your finance needs. We source and negotiate finance with the major banks, second tier banks, non banks and hundreds of private lenders.

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LENDING AUSTRALIA WIDE

Our Network

6 States 2 Territories Across Australia Wide Network of Lenders

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Melbourne

Adelaide

Sydney

ACT

Brisbane

Hobart

Darwin

Perth

Frequently Asked Questions

What is a commercial loan?

Commercial loans in Australia consist of any type of finance that does not involve residential property. They consist of;

Commercial property loans that involve the purchase or refinancing of established retail, industrial and multi residential properties. This includes the subdivision, development and construction of these types of properties.

Business loans for purchasing franchises, established businesses or starting up a new business.

Equipment leasing of motor vehicles, industry specific machinery and farm equipment.

Business banking products such as overdrafts and unsecured short term-lending.

How does a commercial loan work?

Commercial loans compared to residential property loans usually require a greater deposit, have higher interest rates, higher, shorter loan terms and stricter assessments due to the inherent risk of financing commercial assets.

Generally, there is a 10% GST component added to the cost of purchase, however, this may be refunded if the entity is registered for GST or waived depending on the type and circumstance of the purchase.

What is the interest rate on commercial loans?

Interest rates for commercial loans varies significantly depending on the type of asset purchased. It all depends o the associated risk associated with the asset. Generally speaking commercial property interest rates are likely to be less for business purchases, unsecured lending or equipment leasing. Also, the greater deposit or down payment the lower interest rate due to the lower risk.

See Commercial Loan Interest Rates here.

How much do you have to put down (deposit) on a commercial loan?

The deposit required for a commercial loan largely depends on the type of asset. Commercial property can lend up to 90% of the property value and businesses up to 70%. Some business such as medical or professional services are able to get finance as high as 100%. Again it all down to the risk associated with lending against the asset.

Click the link for more information on hown much you have to put down for a commercial loan?

What are the kinds of loans can I get for commercial property?

The kind of loans include variable rate loans, fixed interest loans and lines of credit. These loans can be paid on an interest only or principle and interest basis. Most commercial loans have a term between 0 and 15 years; however, it is possible to obtain loans for 25 years for commercial property.

See more about Commercial Property Loans

What are the types of commercial loans?

The types of loans include commercial property, development finance, mezzanine finance, business loans, equipment and car leasing, business banking products.

Full doc loans are available for those that can show 2 years financials. Low doc loans that do not need to show financials but prove payments can be made either vi an accountants letter and or bank statements. Lease doc loans are loans where the income from the rental property can service the loan

What are the requirements for a commercial loan?

The main requirements are as follows;

A deposit. You will need to put down anything from 10% to 60% of the asset value

Affording the loan repayments. You will need to provide income details to prove you can service the loan. Self employed individuals/companies will need to show at least 2 years tax returns. PAYE can show as little as 2 most recent pay slips up to 2 years tax returns Rental income and other sources income can also be taken into account.

A security asset to borrow against. This can be a commercial property, a business, equipment's or other types of equity

How long does it take to get a commercial loan?

This largely depends on the type of commercial loan that is required. Commercial property can take anything from 2 weeks to over a year. Car and equipment leasing can take between a week to a month.

How many years can I get a commercial loan?
Depending on the asset a commercial loan can range from 0 to 25 years. After a set period, commercial loans are often revised and a new loan term is negotiated.
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Commercial Loan Quotes