Need funds for an opportunity or to support cash flow? Enjoy fast, easy application on a Small Business Loan or a Line of Credit, with funding possible in 24 hours.
Finding the right commercial loan starts with making the right choices, but when you’re busy running a business, it’s never that easy. That’s where we come in.
Whether you need to upgrade your warehouse space, expand stores or find a bigger office, we will help you navigate the commercial loan minefield, ultimately finding one that works for you.
Achieving your business objectives starts with knowing exactly what you want. With our expertise, you can take advantage of cashflow finance, term loans, overdrafts and leasing finance.
We can help you gain a solid understanding of your business strategies and objectives, we’ll then start scouring the market to find you competitive rates and flexible long term payment plans that are most suited to you.
We’ll look at your long term loan options so you can stay focused on your business, while setting yourself up for future success.
Here are eight different loan types and features to be aware of. Once we’ve had a chat we can discuss which option might be best suited to your circumstances. We are here to help answer your questions when you’re ready.
As the name suggests, the interest rate can change over the life of the loan. This gives you flexibility, but can also leave you open to rate rises. These loans offer more flexible features like unlimited additional repayment, redraw, and offset account.
Your interest rate and repayments will stay the same during the fixed term of your car loan.
Pay off the principal [base loan amount] each month/fortnight, as well as any accrued interest. This might help you pay off your loan faster than an Interest Only structure.
For a set period of time [usually 5-10 years] you only need to pay the interest on the principal [base loan amount]. This reduces the size of your repayments in the short term but might mean that it takes longer to pay off your total loan amount vs a Principal and Interest structure.
Your lender will agree to provide you with a credit limit and you can borrow up to that limit. Typically the interest rate will be higher that other alternatives due to the increased risk to the lender. You cannot get an overdraft with a fixed interest rate.
You can purchase commercial property through your SMSF. Trusts can also purchase a property. This is appealing to some people as separating ownership from your business provides asset protection.
If you are seeking finance to fund the purchase of new machinery, equipment or vehicles to support your business you'll require an asset finance loan.
If you haven't quite saved up enough for your deposit then a commercial property guarantor loan could help you. This means, a relative, your parents or a friend would use their property as security for your commercial loan purchase.
Your borrowing power is a critical number to know because it helps you understand how much you can spend on your commercial property. Use the calculator to find out how much you could borrow. We're ready to chat when you are.
Of course! Borrowing capacity refers to how much you can borrow from a lender. To get an estimate of your borrowing capacity go to our calculator: How much can I borrow? If you want to get an in depth review of your borrowing capacity, get in touch today.
With over 60 lenders, you and I are spoiled for choice. I narrow my search down through talking to you about your wants and needs. I will show you your options, listing the pros and cons of each loan and ultimately we will come to a decision together.
We're here to help. Contact us | Call 1300 33 00 30
Lilem Pty Ltd (t/as Logan Home Loans) ACN 648695505 is a referrer based business that works with a group of qualified brokers.
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The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances.
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