Private lender   First mortgage

Commercial property loans from a private lender.

Short-term finance to buy or refinance commercial property, secured by first mortgage.

70%maximum LVR
9 to 15%interest a year
3 to 24months
The short answer

What is a commercial property loan?

A private commercial property loan is short-term finance from a non-bank lender to buy or refinance commercial property. Quickfundz lends to companies on first mortgage, from $200,000 to $5 million, up to 70% of the property's value, for terms of 3 to 24 months.

A commercial property loan funds the purchase or refinance of property used for business or investment. A private lender is an alternative when a purchase has to settle before a bank can approve it, or when the deal does not fit a bank's criteria.

Quickfundz loans are short term. They are designed to be repaid within 3 to 24 months, usually by refinancing to a longer-term lender or by selling the property.

What it is used for

  • Buying a commercial property for the business
  • A commercial investment purchase by a company
  • Refinancing a loan that is coming to an end
  • Settling now and refinancing to a bank later
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How we lend

The terms, up front.

1st

First mortgage

Every loan is secured by a first registered mortgage over the security property.

70%

Up to 70% LVR

We lend up to 70% of the property's value, from $200,000 to $5 million.

9 to 15%

Interest a year

Paid monthly, or fully capitalised so there are no monthly payments. How interest works.

3 to 24

Months

Short-term lending, Australia wide. We reply to applications within 2 business days.

A worked example

What it could look like.

A company borrows $1,300,000 for 12 months to buy a commercial property valued at $2,000,000 and pays the interest monthly.

Example only, at an interest rate of 12% a year. Rates range from 9% to 15% and are set on assessment. Fees and outlays are indicative and include GST. Your figures are confirmed in a letter of offer.

Try your own numbers
Loan amount
$1,300,000
Security property value
$2,000,000
Loan to value ratio
65.0%
Interest rate used
12% p.a.
Term
12 months
Interest payment each month
$13,000
Total interest over the term
$156,000
Fees and outlays
$5,634.68
Funds received at settlement
$1,294,365
Repaid at the end of the term
$1,300,000
Loan calculator

Estimate your commercial property loan before you apply.

Move the sliders to see the interest, the fees and the funds you would receive at settlement.

$200,000$5 million

The total loan, secured by first mortgage.

We lend up to 70% of the property's value.

3 months24 months
9% p.a.15% p.a.

Your rate is set when we assess the deal, between 9% and 15% a year.

How you pay the interest
Funds you receive at settlement

Loan amount
Less capitalised interest, compounded monthly
Less fees and outlays
Interest payment each month
Total interest over the term
You repay at the end of the term
Loan to value ratio
What the fees and outlays are

    Apply now
    Questions

    Commercial property loans: what borrowers ask.

    Can a private lender finance a commercial property purchase?

    Yes. Quickfundz lends to companies to buy or refinance commercial property, secured by a first registered mortgage, up to 70% of the property's value.

    How is a private commercial property loan different from a bank loan?

    A private loan is shorter, usually 3 to 24 months with Quickfundz, and costs more than a bank loan. In return, the lender assesses the specific deal and the security property, and you deal with the lender directly.

    How much can I borrow with commercial property loans?

    Quickfundz lends from $200,000 to $5 million, up to 70% of the value of the security property. Every loan is secured by a first registered mortgage.

    What interest rate applies to commercial property loans?

    Rates range from 9% to 15% a year. Your rate is set when we assess the deal and is confirmed in writing in your letter of offer. You can pay the interest monthly or have it fully capitalised.

    How long is the loan term?

    Terms run from 3 to 24 months. The loan is repaid at the end of the term, usually from a sale or a refinance.

    Who can apply for commercial property loans?

    Quickfundz lends to companies for business and commercial investment purposes. We do not lend to individuals for personal, domestic or household purposes. We lend Australia wide.

    Apply now

    Tell us about the deal.

    One question at a time. Give us the full picture once and we can assess the deal without going back and forth.

    Questions before you apply? Email the credit team. credit@quickfundz.com.au

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