Commercial Loan Broker Sydney
Getting the right commercial loan isn’t always straightforward, especially when you’re comparing lenders, working out your borrowing options and trying to understand which finance solution fits your situation. Lendwise is a commercial loan broker Sydney businesses, investors and SMSF trustees can speak with for clear guidance, suitable loan options and support from application through to settlement.
A Commercial Broker Focused on the Right Fit
Commercial finance isn’t the same for every borrower. The right option can depend on the type of property, how you’ll use the finance, your business or investment position and the lender’s requirements. As a commercial mortgage broker in Sydney, we compare suitable options from banks and specialist non-bank lenders to help you find finance that fits your situation.
Whether you’re buying business premises, investing in commercial property, refinancing an existing commercial loan or looking at finance through an SMSF, I’ll help you understand your options and guide you through the application process from start to settlement.
What Does a Commercial Loan Broker Do?
A commercial loan broker helps you compare finance options and understand which lenders may suit your situation. Unlike going directly to one bank, a broker can look at options from different lenders and help you understand their loan requirements, costs and features.
At Lendwise, we start by understanding your business, property, loan purpose and financial position. We then compare suitable commercial finance options and help you prepare your application. I’ll stay involved throughout the process, answer your questions and work with the lender through to settlement.
Why Commercial Loans Are Different
Commercial loans are assessed differently from home loans. Lenders may look at the type and location of the property, how it will be used, your business or investment position, existing debts and the income the property or business may generate. They may also consider the lease, security and overall structure of the deal.
Because each lender has its own requirements, one lender may view your application differently from another. We compare suitable commercial loan options based on your circumstances and help you understand the requirements before you apply.
Commercial Loans for Different Business and Property Needs
Commercial finance can be used for different property and business needs. Whether you’re buying premises for your business, investing in commercial property, refinancing an existing loan or using an SMSF to purchase property, the right finance option will depend on your circumstances and the lender’s requirements.
Commercial Property Loans
If you’re buying a commercial property for your business or investment, we can help you compare suitable commercial property loan options. Finance may be available for properties such as offices, warehouses, industrial premises, retail properties and mixed-use buildings, depending on the property and lender requirements.
Commercial Investment Loans
If you’re looking to grow a commercial property portfolio, we can help you explore finance options for purchasing or refinancing an investment property. We’ll consider the property, rental income, your financial position and lender requirements when comparing suitable options.
Business Finance
Commercial finance can also help with business needs such as expanding your operations, fitting out new premises or funding other business requirements. If you’re looking for general business funding, we can also help you explore the options available for your situation.
SMSF Commercial Property Loans
An SMSF may be able to borrow to purchase certain commercial property, subject to SMSF rules and lender requirements. We can help you understand the commercial finance options available and work alongside your accountant or financial adviser where needed. Your SMSF must meet the relevant rules before proceeding.
Commercial Refinancing
If you already have a commercial loan, refinancing may be worth considering if your circumstances have changed or you want to review your current finance arrangements. We can compare suitable lender options and help you understand whether refinancing may be appropriate for your situation.
What Do Lenders Look at for a Commercial Loan?
When you apply for a commercial loan, lenders may look at more than just your income and credit history. They can consider the property, how you plan to use the finance, your business or investment position and your ability to manage the loan.
Because every commercial loan is different, there isn’t one set of requirements that applies to every borrower. We can help you understand what lenders may look for and compare suitable options based on your circumstances.
How Our Commercial Loan Process Works
Here’s what working with a commercial broker actually looks like. It runs from your first message to the day your loan settles.
Rajeev Vij
FOUNDER - MORTGAGE & FINANCE BROKER
Your Commercial Loan Broker, Personally Guiding You
I’m Rajeev Vij, founder and mortgage and finance broker at Lendwise. I work with business owners, property investors and other borrowers to help them understand their commercial finance options and navigate the loan process.
I’m a FBAA member and hold a Certificate III in Mortgage Broking and a Diploma in Finance and Mortgage Broking. I have more than two years of experience in the mortgage and finance industry.
From your first enquiry through to settlement, I’ll be your main point of contact. I’ll help you understand your options, communicate with the lender and keep you informed as your application progresses.
Talk to a Commercial Loan Broker in Sydney
Buying commercial property, refinancing or arranging business finance can feel complicated. We can help you compare suitable options and understand what may work for your situation.
Speak with Rajeev at Lendwise to discuss your commercial loan options.
Our Commercial Loan Services
Questions About Working With a Commercial Loan Broker
What is a commercial loan?
A commercial loan is finance used for business or commercial purposes, such as buying, refinancing or investing in commercial property. The loan structure and requirements can vary depending on the lender, property and purpose of the loan.
What's the difference between a commercial loan and a home loan?
A commercial loan is generally used for business or commercial purposes, while a home loan is usually used to buy residential property. Commercial loans can have different lending criteria, deposit requirements, loan structures and assessment processes.
What does a commercial mortgage broker do?
A commercial mortgage broker helps you compare suitable loan options from different lenders. We look at your circumstances, loan purpose and lender requirements, then help you through the application and settlement process.
What types of commercial property can I finance?
Depending on the lender and your circumstances, commercial finance may be available for properties such as offices, warehouses, industrial premises, retail properties and mixed-use buildings.
How much deposit do I need for a commercial loan?
The deposit or equity you need can vary depending on the property, loan purpose, lender and your financial position. Commercial loans can require a larger contribution than a standard home loan, so it's important to understand the lender's requirements before applying.
What do lenders look at for a commercial loan?
Lenders may consider the property, loan purpose, deposit or equity, business finances, existing debts, rental or lease income and their own lending criteria. Each lender can assess commercial applications differently.
Can I use my SMSF to buy a commercial property?
An SMSF may be able to borrow to purchase certain commercial property, subject to SMSF rules and lender requirements. We can help you understand the available finance options and work alongside your accountant or financial adviser where needed.
Can I refinance an existing commercial loan?
Yes, refinancing may be an option if you want to review your current commercial loan, change lenders or adjust your finance arrangements. We'll look at your circumstances and compare suitable options where available.
Can I get a commercial loan if my bank has declined my application?
Possibly. Different lenders have different lending policies, so a decline from one lender doesn't always mean other options are unavailable. We can review your situation and help you understand whether another suitable lender may consider your application.
How long does a commercial loan take?
The timeframe can vary depending on the lender, property, documentation, valuation and complexity of the application. We'll explain the process and keep you updated as your application progresses.
