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.
Find out more information. Click the links below for the following loan products
For more information about commercial loans?
All your questions answered by clicking the commercial quote link below