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The Collins Finance Group can arrange finance
for commercial property at very competitive rates and fees. Funding can
be provided on either
an “owner-occupied” or investment basis.
The following restrictions will generally apply for approved applicants:
- for loans up to $3,000,000 - 75% of
the value of the property may be borrowed on the basis that the loan
is repaid on a “principal
and interest” basis or up to 70% may be borrowed on an “interest
only” basis.
- for loan amounts in excess of $3,000,000
- 70% of the value of the property may be borrowed and typically
on an “interest only” basis.
Naturally, in the event of a property purchase, if additional suitable
real estate security is pledged, you may borrow 100% of the cost of the
new property.
If you’d like to discuss your current
situation, please contact us by telephone or email.
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