Purchasing a commercial real estate for investment or business takes a lot of work and planning. More important than that, you need to get finance. If you do not have the money on hand, taking out a loan is the best course of action.
Unlike residential lending, commercial loan in Sydney is not black and white. This makes an experienced commercial loan broker a great addition to your team.
What Our Commercial Loan Brokers Can Do to Help You
Firstly, our commercial loan brokers will sit down with you and work out what you are trying to achieve. They will discuss with you the type of commercial property you are looking at buying—be it an office building, a warehouse, a factory, or a retail shop front.
We will ask you to provide your business and personal financials, such as tax returns and business activity statements. After providing all the necessary information, we will look for a lender that will approve your loan. We will then use our skills to negotiate for a competitive loan term and interest rate.
After that, we will provide you with a proposal to confirm the likely terms of the loan. If you are satisfied with the proposal, we will arrange for a valuation and submit your mortgage application for approval. We will work closely with your solicitor and accountant to give you a smooth application process that is in your best financial interests.
What You Can Benefit from Our Service
When you decide to work with Key Strategy Solutions, you’ll be able to:
Achieve Your Goals
Whether you are after a solid rental return or gain capital, we know and understand your goals. While we cannot advise you on where and when to buy property, we can offer help to achieve your goals.
A Range of Options
We do not work for financial institutions. Our job is to compare various lending options from several financial institutions and second-tier lenders. We will find and choose those that are competitive when it comes to pricing and accepting unusual commercial properties.
Get the Best Deal and Interest Rate
So, you are seeking a premium interest rate your commercial property loan. You should know and understand that the rate and the amount you can borrow are not set-in stone. Most banks do not even advertise their rates to the public. Our experienced mortgage brokers who have connections with business development managers will get the best deal for you.
Work with Experts in Credit
To make sure that we can provide you with a smooth application process and the best package deal, we will work with from application through to settlement and beyond. In that way, you can focus on things that matter and look for other investment opportunities.
What Customers Often Ask About Commercial Mortgages
How long will it take to get a Commercial loan?
This depends on your choice of financial institutions. But usually, most commercial mortgages take a month or two to close.
What can you do to speed up the application process?
This is where commercial mortgage brokers come in beneficial. They act as the liaison between you and financial institutions and businesses. They help you secure a better deal and guide them through the loan application process.
Are there any fees for extra repayments or paying off the loan early?
Some commercial loans have fees for early repayments. You will learn about this by talking to your broker as per the lender’s term.
What are the required credit ratings for commercial mortgages?
This depends on the lender’s requirements, But with the help of a broker, you can find the perfect commercial mortgage for you and your business. So, make sure to investigate the broker’s reputation, as well as their ideas regarding a business loan before hiring them.
Key Strategy Solutions Will Be with You for Life!
As your trusted commercial finance broker in Sydney, we will do our best to commit to you and your goals for the long haul. We will focus on keeping your loan competitive and let you focus getting on with your business and living your life. Get in touch with us today at 0488-173-353 and let us know what we can do to help you.