Commercial Loans Australia

It’s possible, but it’s harder than financing an established business. Startup loans are considered riskier because there’s no business history for the lender to base a decision on. Start-ups can still access commercial finance if they have existing equity or a strong personal financial position. PFGA tells you early what’s realistic and what lenders may want to see, such as a business plan and projections.

It’s finance to buy an existing business. Lenders look at the business you’re buying, its financial performance, your experience and your deposit or equity. Buying premises already used by an established business is a different scenario from buying for a newly established business with limited trading history. The funding may be structured around different parts of the purchase, and PFGA helps you build the right mix.

It depends on the lender, the asset and your situation. For commercial property, budget for a minimum 20% to 30% deposit for most property types, and up to 35% to 40% for specialised or vacant properties. Using equity from another property can sometimes form part of the structure. PFGA works out what you need before you commit to a purchase.

Yes. Lenders usually assess your business’s trading history, financials and tax position instead of payslips. Some lenders offer low documentation options with less paperwork, but they may come with higher interest rates and fees and a larger deposit. PFGA helps you work out which documents suit your situation and which lenders to approach.

Common reasons include a short trading history, income that doesn’t comfortably cover repayments, security the lender doesn’t want to hold, credit issues, or tax obligations that aren’t up to date. Some lenders require ATO tax obligations to be up to date and a minimum trading history. A decline doesn’t always mean the end. PFGA helps you understand why it happened and what to do next.

Common areas include revenue, profitability, business expenses, existing business debt, trading history, industry, business structure, tax liabilities and proposed repayments. Many lenders also want your business income to cover loan repayments by 1.25 to 1.5 times. Policies differ between lenders, so PFGA explains what each one looks for before you apply.

The terms overlap, and lenders use them differently. A commercial loan usually refers to larger or property-secured finance, such as buying or refinancing commercial property. A business loan often refers to funding for working capital, equipment or growth, and may be secured or unsecured. PFGA looks at what you need the funds for and finds the right structure, whatever it’s called.

In some cases, yes. Using residential property as additional security can reduce the deposit you need or help with the structure. But it puts your home at risk if you can’t repay, so it’s important to understand the risks and get independent legal and financial advice. PFGA explains your security options before you decide.

Commercial loans generally take longer than home loans, because lenders look at the business, the security and often a valuation. How long depends on the lender, the loan size and how quickly we can gather your documents. PFGA gives you a realistic timeline for your situation and keeps you updated at every stage.