Moneytech announces the launch of two innovative Commercial Property Loan products designed specifically to meet the diverse needs of businesses in today's dynamic market.
Moneytech’s new offerings, the Business Loan and the Commercial Property Term Loan, are crafted to support commercial finance brokers and their clients in unlocking the full potential of their assets for sustainable business growth or the acquisition of commercial property.
Commercial Property Loan: Empowering Property Acquisition and Improvement
For businesses focused on property acquisition, improvement, or refinancing, Moneytech introduces the Commercial Property Loan. This product requires a first mortgage over a commercial property owned by the business entity and allows for a higher LVR than most traditional lenders and is perfect for:
- Acquiring new property to support business expansion.
- Borrow up to 85% LVR
- Making improvements to existing properties that add independent value.
- Refinancing existing property loans to better align with business financial strategies.
- Rates starting from 8.60%
Business Loan: A Flexible Solution for Working Capital Enhancement
Moneytech's Business Loan is engineered for businesses seeking to leverage their existing property assets for business investment opportunities. . Eligible properties, either residential or commercial, can secure this loan, provided they are backed by first or second mortgages. This product stands out by its versatile nature, allowing funds to be used for:
- Business investment against unencumbered or encumbered property tied to an existing trading business.
- 1st or 2nd mortgage secured loans. *
- Borrow up to 90% LVR
- Replacing an existing property lender as part of a comprehensive working capital solution that includes Trade Finance, Debtor Finance, or Equipment Finance.
- Providing additional funds in a multi-product settlement scenario,
- Rates starting from 11.58%
* It's important to note that the Secured Term Loan is not intended for funding property development projects.
In order to access our suite of products, you will need to be accredited with Moneytech. Click here to start the process….it doesn't take long!
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