Retail and Industrial Property Loans

Ray Backhouse – Lifespan Financial Services is a specialist finance broker group that can arrange funding for shopping centres, industrial factories, commercial business parks, hotels, motels, petrol stations and healthcare-oriented property anywhere throughout Australia.

Loans can be structured to accommodate business cash flows and provide interest rate management tools to hedge against adverse interest rate movements.

Ray Backhouse – Lifespan Financial Services has access to an extensive network of Banks, Non-Bank Lending Institutions and Private Lenders to help you find a better financial solution for you and your business.

	Owner Occupied	Investment
Leading Value Ratio	up to 85%	up to 85%
Term	1-15 years	1-15 years
Repayment Type	Interest Only, Principal Reductions available on application	Intersest Only, Principal reductions available on application
Interest Type	Variable, Fixed 1-3 & 5 years	Variable, Fixed 1-3 % 5years

Interest Rates and Fees

Commercial mortgage interest rates are quoted in various formats by different lenders within the market making it difficult to accurately compare rates when searching for the most beneficial package.

For instance, it is common practice to use a base indicator in the form of a swap rate based on the term of the loan e.g. a 90 Day Bank Bill Swap Rate. A risk margin is then added to the base indicator rate to provide the borrower with a final interest rate.

Alternatively, interest rates may be quoted using the Lender's 'Cost of Funds' or 'Bill Rate,' which will include a Treasury Margin to compensate their Treasury Department for procuring the funds from the wholesale market. An applicable risk margin is then added to provide a final interest rate.

Therefore, it is very important when comparing rates that you are aware of the base indicator rate, applicable risk margin, and all the fees that may be levied on the loan, e.g. Line Fee, Rollover Fee, etc. to correctly assess the true cost of the loan.

A further important consideration is that commercial loans can be more costly to establish, as there are a number of professional services that are utilised during the approval process.

Solicitor
Finance Broker
Property Valuer
Quantity Surveyor

Hence it is imperative that you consult with a Consultant conversant with these particular requirements and intricacies. We also have unique partnership arrangements with a number of experienced and professional accounting and financial planning firms that can provide you with specialist advice for your particular circumstance or type of business.

Retail and Industrial Property Loans

Interest Rates and Fees

Information

Calculators