Business & Commercial LoansA commercial loan is similar to a residential mortgage, except the collateral is a commercial building or other business real estate (sometimes it can also include residential property). In addition, commercial loans are typically taken on by businesses instead of individual borrowers. The borrower may be a partnership, incorporated business, or limited company, so assessment of the creditworthiness of the business can be more complicated than is the case with residential mortgages. This is where Universal Finance can truly be of value to you; we use our extensive experience and large range of lenders to assist you with navigating through the complexities of the loan application. Below is a wide range of Business and Commercial loan types. Simply select the one that applies to you and call us on (02) 9558 9666 Mon-Fri 9am-6pm.
Construction and Development Finance
• Acquisition & associated acquisition costs
• Finance costs
• Professional & legal fees
• Specialist consultants costs (Architect, Engineering, Valuer, Quantity Surveyor)
• Contingency allowance
• Project Management
• Holding (Rates & Taxes)
• Capitalised Interest
• Selling and Marketing ExpensesAt Universal Finance, we look to simplify the process of obtaining Development & construction Finance, with an aim in establishing a long term relationship with our clients are providing a smooth transition of ‘rolling’ into the subsequent project.
Commercial Property Finance
If you have sufficient equity in a residential property, we can obtain home loan interest rates to assist with any commercial property acquisition.
For traditional finance, secured by commercial property we can secure the best interest rates and loan terms at no cost to you; the financier will pay us! This can include lending at up to 80% of valuation amount, where most lenders will only consider lending of up to 70% of valuation amount and loan terms of up to 20-years, as compared to most lenders who will only provide a loan term of up to 15-years.
Depending on your circumstances, we can source the most competitive interest rate for interest only loans, fixed rate loans, fixed rate interest in advance loans.
For non-traditional funding, secured by commercial property we can assist with true lo-doc or limited-doc loan facilities, lease lo-doc facilities for investors, credit impaired solutions and private loans. Universal Finance can provide finance solutions for the self- employed clients without full financials. If you are self-employed and you cannot present company and personal tax returns then a low doc commercial loan may be the right solution for your lending needs.
Whether you’re looking to purchase premises for your business to occupy, purchase an investment or looking for a better interest rate, our experienced team is here to assist you.
Universal Finance works with all the major banks and some specialist lenders to source the most appropriate business finance solution for you.
We can source funding on the back of property to secure the loan and if you have sufficient equity in a residential property, we can obtain home loan interest rates to assist with certain business funding purposes. Alternatively if you have sufficient equity in a commercial property we can secure the best interest rates and loan terms at no cost to you; the financier will pay us!
Universal Finance can also assist in leveraged finance transaction, whereby property is not offered as security and on the back of the business cash-flow, we can assist with:
• A major franchise financing;
• Working Capital requirements;
• Real-Estate Rent Roll financing;
• Pharmacy financing;
• Dental Practices;
• Manufacturing plants & stock;
• Legal & Accounting practices;
• Receivables financingto name a few.
Our experienced team is here to assist you and welcome any enquiry you may have; we are just a phone call away!!