Commercial property loans Melbourne
Commercial / Business finance
Commercial property finance broker in Melbourne's west
A commercial property loan is finance to buy, refinance or develop non-residential property such as shops, offices, warehouses and factories, whether you'll occupy it or lease it out. It suits business owners, investors and SMSF trustees, and typically needs a deposit of 20-35%. We compare commercial property loans from our 70+ lender panel for clients across Melbourne's west, and can also help with residential investment property loans.
Whether you're purchasing your first commercial property, expanding your portfolio, or refinancing an existing commercial loan, we'll help you secure competitive rates and terms. Our extensive lender panel includes specialists in all types of commercial property finance.
Book a consultationHow we help you find the right commercial property loan
At Attain Loans, we work with a wide panel of commercial lenders to help you find a competitive rate and loan structure that suits your needs. Our service is typically at no cost as we're paid by the lender. We'll disclose this commission before you proceed.
1
Getting to know you
We're flexible to fit in with you. We can do face to face, phone, or video call meetings. We're flexible on times and can do after hours and weekend meetings by request.
2
Understanding your investment
We'll discuss your commercial property plans in detail, including the property type, intended use, tenant situation, and your long-term investment strategy. This helps us determine the most suitable type of finance.
3
Financial assessment
We'll review your financial position, including existing properties, business performance, and cash flow projections. This helps us determine your borrowing capacity and structure a loan that's sustainable for your business.
4
Loan comparison
Based on your circumstances, we'll compare loans from our panel of commercial lenders. We consider interest rates, fees, loan features, and flexibility for extra repayments. We'll help you choose the option that best matches your investment strategy.
5
Application and Settlement
Once you've chosen a loan, we handle all the paperwork and liaise with the lender on your behalf. We'll help you gather the necessary documentation and guide you through the approval process to settlement.
Understanding commercial real estate loans
Commercial property loans are more complex than residential mortgages, with different assessment criteria and lending requirements. We'll guide you through the process, ensuring you understand all aspects of your loan.
Commercial property loan features
- Loan amounts from $250,000 to $50 million
- Terms up to 30 years
- Fixed or variable rate options
- Interest-only periods available
- Self-managed super fund (SMSF) lending options
- Development and construction finance
- Foreign investor solutions
- Multiple security options
Retail, office and warehouse property loans
- Retail shops and shopping centres
- Office buildings and complexes
- Industrial warehouses and factories
- Medical and healthcare facilities
- Hotels and hospitality venues
- Mixed-use developments
- Specialist properties
Advanced lending solutions and risk management
Commercial property lending often requires sophisticated financial solutions to address complex business needs.
Commercial property investment structures
Commercial property investments can be structured in various ways, with potential tax and asset protection implications. Speak with your accountant or tax adviser about your circumstances.
- Trust and company structures
- Self-managed super fund borrowing
- Asset protection strategies
- Tax implications
- Joint venture arrangements
- Development potential
- Exit strategies
Specialised Lending Options
Our expertise extends to structuring loans that accommodate various business scenarios and risk profiles.
- Development finance with progressive drawdowns
- Mezzanine and second mortgage facilities
- Cross-collateralisation opportunities
- Working capital solutions
- Property improvement loans
- Business expansion finance
- Refinancing and debt consolidation
Questions about commercial property loans
Get in touch and we will help you with any questions you have about commercial property finance and advise on the best strategy to suit your situation.
Let us help with your questionsWhat deposit do I need for a commercial property loan?
Commercial property loans typically require a minimum deposit of 20-35% depending on the property type, location, and intended use. Some specialty lenders may consider lower deposits for strong applications. The required deposit can also vary based on the tenant quality, lease terms, and your business track record.
What interest rates are available for commercial property loans?
Commercial property loan rates are typically higher than residential rates and vary based on multiple factors including:
- Property type and location
- Loan-to-value ratio (LVR)
- Tenant quality and lease terms
- Your business experience
- Credit history and financial strength
- We'll help you compare rates across our lender panel to find a competitive option for your situation.
How long does a commercial property loan take to approve?
Approval times vary by lender. As a general guide, the approval process typically takes 3-6 weeks, depending on the complexity of the application and the lender's requirements, and approval is always subject to lender assessment. Factors that can affect timing include:
- Property valuation process
- Environmental assessments
- Building inspections
- Lease reviews
- Financial documentation
- We'll provide a clear timeline based on your specific situation and manage the process to avoid delays.
Can I use my SMSF to buy commercial property?
SMSFs can purchase commercial property using a limited recourse borrowing arrangement (LRBA). Special lending structures are required, and strict rules apply. SMSF borrowing carries specific risks and costs, so get advice from your accountant or a licensed financial adviser before proceeding. We'll help you understand the lending requirements and connect you with lenders specialising in SMSF commercial property loans.
What documentation do I need for a commercial property loan?
Required documentation typically includes:
- Financial statements (last 2-3 years)
- Tax returns (business and personal)
- Asset and liability statement
- Lease agreements
- Trust or company documents
- Business plans or feasibility studies
- Property details and valuations
Can I get an interest-only commercial property loan?
Interest-only periods are commonly available for commercial property loans, typically ranging from 1-5 years. This can help manage cash flow during property improvements or tenant transitions, but you won't reduce the loan balance during that period and you'll pay more interest over the life of the loan. We'll help you understand the implications and structure a loan that matches your investment strategy.
How are commercial property loans assessed?
Lenders assess commercial property loans based on:
- Property characteristics and location
- Rental income and lease security
- Business financial performance
- Serviceability calculations
- Security offered
- Industry experience
- Credit history
What insurance do I need for a commercial property loan?
Required insurance typically includes:
- Building insurance
- Public liability insurance
- Landlord insurance
- Income protection insurance
- Life insurance (in some cases)
- Specific requirements vary by lender and property type.
Can I refinance my commercial property loan?
Refinancing may help you access a more competitive rate, release equity, or restructure your loan, but break costs and new loan fees can outweigh the benefit. We'll help you compare your current loan with other options and assess whether refinancing would be beneficial, considering any break costs or new loan fees.
What happens if I need to sell the property early?
Commercial property loans may have break costs or early repayment fees, particularly for fixed-rate loans. We'll help you understand any potential exit costs and structure your loan to maintain flexibility for your future plans.
What's the difference between a commercial property loan and a home loan?
Commercial property loans are more complex than residential mortgages, with different assessment criteria. Lenders look closely at the property type and location, rental income and lease security, tenant quality and your business's financial performance. Deposits are typically 20-35%, rates are typically higher than residential rates, and interest-only periods are commonly available, although interest-only means paying more interest overall. Terms and fees vary between lenders, so compare the total cost.
Can a mortgage broker help with commercial property loans?
Yes. A broker can compare commercial lenders, explain options such as interest-only periods, SMSF borrowing or development finance, and manage the application and paperwork with the lender. We work with clients across Melbourne's west and the wider Melbourne area, face-to-face, by phone or by video call. Our service is generally at no cost to you because we're paid a commission by the lender. We'll disclose this commission before you proceed.
Can I get a commercial property loan in Melbourne's CBD or eastern suburbs?
Yes. Although we're based in Melbourne's west, commercial lenders generally lend across Melbourne, including the CBD and eastern suburbs such as Box Hill, Hawthorn and Camberwell, subject to their criteria for the property type and location. Location still matters: lenders assess each property's location, tenant quality and lease terms when setting the deposit and loan terms. We can meet face-to-face, by phone or by video call.
Your full financial situation and requirements need to be considered prior to any offer and acceptance of a loan product. The information contained in this website is of a general nature and does not take in to account your personal needs and requirements.
Commercial property guides
Why choose Attain for your commercial property loan?
Our expertise in commercial property finance means we can evaluate different loan types and lender requirements on your behalf. We help you compare competitive rates and find the right loan structure to match your business goals.
We're family
We are a small family owned, Altona based business that understands your needs at different stages of your life.
We listen
Identifying your goals and finding services and products that meet your needs is our number one job, and we love it!
22 years industry experience
We know the intricacies of the mortgage market and can tailor mortgage solutions for your individual needs.
We have access to the very best lenders
Over 70 of them, including the majors. We're accredited, which means we are fully trained and know all the best options available for you.
Ongoing support
Even when we've found you a great deal we undertake regular reviews to see if we can find you something even better.
We're awesome!
We have an honest, client focused business model and we aim to create long lasting relationships built on trust and respect.
Our happy customers
Financial security gives you choices. It lets you move home, learn new things, travel, or start and grow a business. When you're financially secure, you can focus on what's important. Your family, health, and personal growth.
Owen
Chrystal has been absolutely amazing from start to finish. As a first time home buyer I had little understanding of the whole process and was quite overwhelmed. Chrystal took the time to thoroughly explain all aspects to me and was always available whenever I had any questions and made the whole process much less stressful. I highly recommend her to anyone looking for a mortgage broker.
Danny Simpson
Chrystal was incredible throughout the entire process. She helped me review numerous listings, connected me with a great conveyancer and building inspector, supported me on auction day, and found the best home loan to suit my needs while guiding me through the details. Overall, I highly recommend Attain Loans for going above and beyond!
Macca Playz
Chrystal's outstanding performance throughout the process was truly impressive. Her assistance in reviewing various listings, arranging introductions to a trusted conveyancer and building inspector, providing support, and sourcing a home loan that met my specific needs while offering detailed explanations of the terms, was truly exceptional. I strongly recommend Attain Loans for their outstanding commitment to customer satisfaction and service excellence.
Emma Kirkham
I went to Attain Loans to reduce my mortgage repayments and secure financing for a truck-mounted EWP. Chrystal went above and beyond to ensure I got the best deal possible. She took the stress out of the process and made everything happen smoothly. Thanks to Chrystal, I was able to combine my home and truck loans and even purchase a brand-new car—all while paying much less than I ever imagined. I highly recommend Attain Loans. It’s Chrystal’s personal touch and dedication that make her exceptional at what she does!
Ian Martin
We were introduced to Chrystal and Attain Loans by a mutual colleague and we are very pleased that we were. Chrystal is an absolute finance whizz and a diamond of a lady. She is thorough, professional, patient, 'on your side', and will work her hardest to get the job done for you. We are pleased to have met Chrystal and have her setup our home loan and finances for us, and we will continue to work with Chrystal for any of our finance needs in the future.
Nichie S
Chrystal Evans, Director & Mortgage Broker at Attain was truly a lifesaver. In a stressful time where I needed assistance and some advice, Chrystal was this and more for me. Her knowledge of the banks, packages, fees etc. and advice was excellent, giving me confidence while also making everything really easy. Lastly her follow-up and communications were solid, I would highly recommend Chrystal. Also, after trying to negotiate an interest rate after coming off a fixed rate with my bank, where I was told they couldn't help me and spoke with 3 different people with wait times on the phone, I will not deal with a big bank again and only with Chrystal/Attain.
Cindy Kelly
Chrystal and Attain Loans were instrumental in assisting us to secure our dream home. Chrystal’s professionalism, knowledge and high level skills secured us the best loan for our needs. Chrystal is very thorough and assisted us through the whole process, from finding the best loan to ensuring everything was in line and ready for settlement day. We will definitely utilise Chrystal’s expertise for our next property purchase and highly recommend Chrystal and Attain Loans.
will miller
Chrystal and her team are amazing to deal with extremely helpful and couldn't ask for better service. Chrystal and her team have helped us secure our first home and we have now settled. Chrystal is still working with us through every stage of the project. It's great to know that I had Chrystal on hand anytime I needed direction and advice. Thanks heaps guys from will and Zoe miller
Nikola M.
Chrystal is by far the best broker I’ve met. Not only she found a great rate and conditions, she advised me on how to restructure the loans to get a better return down the road. Definitely recommend her, won’t even think of going elsewhere.
Renee Blake
Chrystal and her team @ Attain Loans are amazing. Chrystal makes the whole process so easy and understandable. She always has her clients needs at the forefront of her mind and does everything possible to help. Not only is she an AMAZING broker with integrity, she is reliable with a client first focus. If I could score her 100 I would. The only broker for me.
Callan Applebee
The best! Highly recommend for those lookong for people that care and honesty in financial requests for mortgae and loan services. From someone who has just begun owning land and building a home, all I can say is that Chrystal and her amazing team have held customers like myself and my wife at the forefront. We are still in the process and this company and its ideals and staff are and continue to be amazing. The trust, confidence and support model they uphold is something that all other institutions should refer to. Thank you Chrystal and your team members for everything thus far. I look forward to our continued relationship and your growth. Thank you.
Vanessa Terekia
I have had the pleasure of working with Chrystal who helped to get my home loan approval. This women went out of her way to help me above and beyond my expectations, I was so ready to give up on a few occasions but she wasn't going to let me and I could not thank her enough for all of her efforts. I am now in my own home thanks to Chrystal and her team, I would always recommend her service, its like no other :).
Skruffy Inc
If it's a no fuss, simple process you're after - then Chrystal is your go to! As a first home buyer I was totally out of my league, everything was foreign. Chrystal quickly established a rapport and from the beginning I felt secure in her expertise and genuine interest to help me realise my goals. Whenever there were things that I wasn't quite sure about, Chrystal jumped in and took the reins without hesitation. When investing in one of the biggest purchases in your lifetime, having someone you trust at the helm is everything! Chrystal is that someone. Her easy going nature coupled with the depth of knowledge, experience and professionalism is second to none! I can't recommend her highly enough. Appreciate your support solution oriented outlook Chrystal. Thank you so much! Whakamānawatia koe, ka tika! Nāku noa Trish Brisbane, QLD
Suzanne McHugh
Chrystal was fantastic, she took the time to help us urgently obtain finance after not getting any help directly from the banks. She was very informative, was able to explain all the details. We would not have been able to have a successful bid without her help.
Luke Applebee
Thanks to the incredibly hard-working team at Attain (Chrystal and Pam) we were able to settle literally days before Christmas last year in our first home. At every step of the home buying journey we were well informed and felt like our interests were always the top priority. It was a stressful time for us to keep up with the paperwork and everything however Attain did a superb job at keeping us on track (and sane). If you have no idea where to begin if you're looking at purchasing a home, I highly recommend giving Attain a call. Excellent customer service and ongoing support. We have recommended Attain to family and friends, too. Absolutely impressive team. Can't thank them enough.
Jessica Joy
I cannot recommend Attain Loan & Mortgage Services enough. As a first home buyer I was nervous with very limited knowledge of how the entire loan process worked. Chrystal made it absolutely seamless and took all of the stress out for me. 12 months on, they assisted me with my first re-finance and again were there for me every step of the way. I couldn't be happier and wouldn't trust anyone else! Thankyou so much! Positive Responsiveness, Quality, Professionalism, Value
Jessica Winter
Chrystal, Pam and the team at Attain loan & morgage services are the best brokers in business. They literally held our hands throughout the whole process of our home loan. And we were not easy customers! They went above and beyond to help us get the best outcome in the process of attaining our first family home. Their attitude, customer service and professionalism was second to none. Couldn't recommend this company more! They literally did all the HARD work for us and made the process stress free :) Thanks Team!! Jessica Winter
Americar Auto
I've been using Attain Loans for years. Each time Chrystal has helped us get the loan through, being a small business can be tricky sometimes but Chrystal never gives up and always gets a result. I would give her a higher score if I could :)
Gary Capeling
My wife and I were in a vendor finance agreement and due to some financial hardship issues brought about by the Covid pandemic not looking like we would ever be able to get ahead. The team at Attain Loans helped steer us in the right direction to be able to finally have a mortgage of our own and also clear up our debts and hopefully repair our credit issues. I would definitely recommend them to anyone looking to just refinance or that is in a similar boat to us! 10 out of 10 for these guys!
Rebecca Smith
Excellent communication throughout entire process. Second time we have obtained finance through Chrystal and would use her again.
Peter Sz
Chrystal and the team from Attain Loan & Mortgage Services, 14 Harrington Square, Altona, VIC, 3018, Were a pleasure to deal with, they provided us with great service and prompt settlement, our circumstances were delicate and they worked though the steps to help us achieve the results desired, We would highly recommend Attain Loan & Mortgage Services for all your home loan needs, Thanks for all your help Peter
Lisa L
I recently bought a new house and usually the process can be quite stressful. Luke made everything run smooth from start to finish and got me a good rate! Highly recommend
Ray Jensen
Got the job done that no one else could!!!!! Very happy customer, thanks for all your all help……