Commercial and High Investment Lending

For borrowers seeking funds for commercial ventures and high investment opportunities, there are specific types of loans to suit your needs.

One such type of loan is commercial bills - these provide an injection of cash for borrowers who need over $100,000.

This type of loan is generally rolled over until the borrower has the funds to repay the loan amount in full.

A mortgage broker can best explain the specifics of these kinds of loans and assist with important factors that may affect your personal situation, but essentially a commercial bill assists you to raise the finance you need for investment purposes through negotiable bank bills.

Two main factors determine the interest or floor rate - the Bank Bill Swap Rate (BBSW) and a margin added by the lender of between one and three per cent called the facility fee.

However, this margin can vary significantly between lenders, depending on variables including the financial strength of the borrower, the underlying security, competitive pressures and others.

This is why it is most advisable to speak to a mortgage broker regarding the specifics of your situation.

To get more detailed information on your situation, talk to a Loan Market mortgage broker today.