Owner Occupied Commercial Property Loans

Step into the future of your business with our Owner Occupied Commercial Property Loans. Tailored to empower your ambitions, we offer competitive rates, flexible terms, and a team of experts dedicated to finding the perfect fit for your business’s unique needs. Our approach is about more than just finance; it’s about understanding your vision and crafting a loan that not only meets but exceeds your expectations. With LoanRight, you’re not just acquiring property; you’re setting the stage for your business’ next big leap forward.

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A Place For Your Business To Call Home

Imagine a space that’s not just a workplace but a cornerstone for your business’s growth and success. Our financing solutions are designed to transform this vision into reality, providing your business with a sanctuary where ideas flourish and potential is realised. We understand the importance of a space that reflects your business ethos and supports your operational needs, and our bespoke financing options are crafted to ensure your business finds its perfect home.

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Your Experts in Commercial Property Loans

Dive into the commercial property market with confidence, backed by a team of seasoned experts at LoanRight. We navigate the complexities of commercial loans, delivering personalised guidance, insightful market analysis, and strategic financing solutions. Our expertise is your advantage, ensuring you make informed decisions with clarity and confidence. With LoanRight, you gain more than a loan; you gain a partnership committed to your business’s success.

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Documents To Provide To Lenders

When applying for an owner occupied commercial property loan, banks may require some or all of the following items. During our initial chat we’ll be able to give you a more detailed and accurate list depending on your financial position, the property type, borrowing entities, and the type of transaction.

  • Identification: Banks will need to identify any Individuals, Companies and Trusts associated with the transaction. Documents may include Drivers licences, Trust Deeds, ASIC extracts.
  • Statement of position: In order to cover serviceability requirements banks will need to see financial statements for the guarantors and any related individuals and entities.
  • Loan Statements: To verify any other ongoing commitments, statements may be required for any loans continuing after the transaction is complete.
  • Contract To Buy: So that a valuation can be complete and to clearly show the terms of your purchase, a fully executed contract of sale will be required for formal approval
  • Statement Of Legal Advice: In some cases the bank may require a statement of legal advice to ensure that any related individuals have a clear picture of their legal risks during and after the transaction.

Don’t worry if some of these items are unaccessible or unavailable. Our extensive lending panel provides us with plenty of options that can help to reduce the documentation requirements for your loan approval.

Our Process – What to expect

Getting a home loan isn’t always a walk in the park—it can be a bit of a process, but if you team up with one of our mortgage brokers, we’ll have your back every step of the way, making sure you’re on the right track from the get-go.

  • Initial chat: We begin with a general chat to discuss your business and property goals and how we can assist, ensuring we understand the full scope of your business needs, and the type of property you are looking to occupy.
  • Collection of information: We’ll guide you through the straightforward process of gathering all necessary documentation, ensuring everything is in order for the next steps.
  • Workshop the deal: In this collaborative phase, we’ll refine your financing options, ensuring the proposed solution aligns perfectly with your business objectives and requirements.
  • Submit for approval: With your ideal deal structured, we’ll proceed to submit your application, advocating for the best possible terms and conditions on your behalf.
  • Settlement: The final step where your loan is finalised, marking the beginning of an exciting new chapter for your business with the resources it needs to thrive.

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Supporting You Through The Transaction

From the initial consultation to the final handshake, LoanRight stands with you through every step of the commercial property transaction. Our support is comprehensive, ensuring every detail is handled with precision and care. We’re here to demystify the process, provide timely updates, and address any concerns, making your journey to ownership as smooth and stress-free as possible. With LoanRight, you’re never alone in the transaction process; you have a dedicated ally every step of the way.

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Unlocking Your Business Potential

Unlock the full potential of your business with strategic financial solutions from LoanRight. Our commercial property loans are more than financial instruments; they’re catalysts for growth, innovation, and stability. We work closely with you to understand your business dynamics, market challenges, and future goals, crafting a financing solution that aligns with your vision. With LoanRight, your business’s potential knows no bounds.

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Building More Than Just Buildings

At LoanRight, we believe in building legacies, not just buildings. Our approach to commercial property loans encompasses a holistic view of your business’s role in the community and its future legacy. We’re not just financiers; we’re co-creators of success stories, committed to helping your business lay down roots that will support not only your operations but also contribute to the community’s growth and vitality. With LoanRight, your property becomes a beacon of your business’s enduring success and contribution to the local landscape.

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Customer Reviews & Comments

Instead of talking our private lending team up, please take a moment to read the our customer reviews from Sunshine Coast locals. This is a direct feed from our Google business reviews, so you know all comments are 100% genuine.

Rosalyn Taylor
12/4/2024

Brett and Alicia were a fantastic team to work with. Efficient, knowledgeable and supportive. They made the process so much easier than it could have been. Highly recommend!

Tegan Shingles
12/4/2024

Sam & Shayna have been fantastic throughout my whole processing of purchasing my new home. No question went unanswered and both have always been a pleasure to talk to.

Nicholas Hopkins
12/4/2024

Luke and his fantastic team will take care of everything, An honourable mention to Deb Moss for meeting me at 6 am at a BP station to sign docs on here day off to enable me to get the house I had been chasing for months. Ledgends. Have dealt with Luke and his team before and will use them again and again their service is second to none.

Alyshia Judd
12/2/2024

I had a fantastic experience with Alicia. Super friendly, warm and knowledgeable 10/10.

Kimberley Priest
12/4/2024

Have had the best experience working with these guys to purchase our investment property. Great application system, so quick and easy, and all questions answered promptly along the way. Highly recommend!

Mellissa Lambert
17/1/2024

We’ve used the expertise of Luke, Shayna and the Loanright team on two separate occasions now, I must say their service is second to none and they get the job done In record time. No question was too silly, they always have time for us. Would use again and recommend in a heart beat to anyone else needing brokerage assistance. Many thanks.

Ashley Pearce
12/3/2024

Luke and the team helped us with a refinance and we couldn’t be happier with the result. I would highly recommend the Loanright team to anyone.

Thea Hambuechen
12/4/2024

It has been a pleasure dealing with Luke and his team. During the process Alicia and Shayna have been very informative and kept in contact regularly to make sure we knew what was happening every step of the way! We will definitely be using Loanright in the future and highly recommend. Thank you again for helping us purchase our first home.

Cassie McKee
12/4/2024

Luke and Shayna were awesome during the process of us buying our first home. So many things can be confusing during the process for first time and they were always happy to talk us through things no matter how small. Held our hand through the process and were able to get us into our first home. Very glad we found them. Highly recommend Loanright

Daniel O’Dea
12/4/2024

Brett and Alicia came highly recommended from a work colleague. I had previously gone through a pre approval process with another broker (which will remain unnamed). The difference was night and day. Being a first home buyer I had no idea what I was doing. Both Brett and Alicia were so accomodating and answered all my silly questions and walked me through EVERYTHING step by step. We had my pre approval through in about a quarter of the time of the last brokers!! Once I found the home I wanted to buy it was literally the easiest thing in the world. They will be getting all my business.

Felipe Prado
12/4/2024

We trust the Team at Loanright with our financial guidance. Throughout the whole process they make sure you are informed in time, accurately and with all the transparency you could ask for. It really sets you at ease that they have your best interest in mind. Their customer service is prestine and always available for you to ask any questions you may have. Thank you Loanright Team!

Adrian Chrisanthou
12/4/2024

Thanks so much Brett for your professionalism and tenacity in regards to getting my deal done with loanright. I look forward doing business with you in the future as I found the experience seemless and timely. Keep up the great work Brett and team

Frequently Asked Questions About Commercial Lending

What qualifies as an owner occupied commercial property?

An owner occupied commercial property is one where the business owner also owns the premises and uses a significant portion for their own operations, typically over 50% of the total space.

How do owner occupied commercial loans differ from investment property loans?

Owner occupied commercial loans often have more favourable terms and interest rates since they’re considered lower risk than investment property loans, given the owner’s vested interest in maintaining the property as well as their guaranteed tenancy.

What are the typical terms for an owner occupied commercial loan?

Loan terms can vary widely but generally include periods up to 25 years, with interest rates and terms depending on the lender, property type, and borrower’s financial health.

Can I use an owner occupied commercial loan for renovations, fitouts, or expansions?

Yes, these loans can be used not only for purchasing but also for renovating or expanding your existing commercial property to better suit your business needs.

How much deposit is required for an owner occupied commercial loan?

Most banks will typically want to see a 30% deposit plus enough funds to cover any purchase costs, however if it makes sense to go higher, borrowing as much as 100% of the value of the property can also be achieved and this will depend on the financial strength of the trading entity and/or the borrower. Our commercial experts will be able to give you a good indication of the minimum deposit requirement based on your own unique circumstances and position.

Can I buy an owner occupied commercial premises in my SMSF

Yes, this is a common way to purchase a commercial property for your business to operate out of. Banks will still need to make sure that your business can afford the rent that it plans to pay your SMSF. Rent must be in line with market value and will be assessed annually during your SMSF audit.

Enquire About Owner Occupied Commercial Loans

Where traditional lenders have strict lending criteria, private finance tends to cut through the red tape. If you’d like more information about accessing funds for business finance, commercial or residential property development or purchasing, our private money partners are eager to hear about your business plans. Please contact us for a confidential discussion, and we’ll happily assist.

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