 |
 |
 |
 |
 |
Starfund Commercial Loans
Unlike residential lending, commercial loans are viewed more conservatively. Commercial loans are underwritten on a case by case basis. Every loan application is unique and evaluated on its own merits, but there are a few common criteria lenders look for in commercial loan packages. Eg: Financial Analysis, Loan to Value, Credit Worthiness, Property Analysis.
Take advantage of Starfund Commercial when purchasing or refinancing Commercial, Industrial or Retail property. This commerical loan allows you to borrow up to 85% of the property value with, no rollover costs or annual reviews. Also available for those clients without Financial Documentation.
With Starfund Commercial, you're sure to minimise your overheads and increase your cashflow.
| Loan Amount | Minimum $100,000 - Maximum $30,000,000 | |
| Interest Rate Type | Variable
Interest is calculated daily on the outstanding loan account balance & debited monthly in arrears |
|
| Repayment Type | Principal & Interest
Interest Only up to 5 years |
|
| Fixed Rate | 1, 2, 3 or 5 years | |
| Loan Term | Up to 5 years Interest only | |
| Annual Review/Revaluation | No | |
| Repayment Options | Weekly, Fortnightly, Monthly
Direct Debit Request |
|
| Loan Features | Split Loan | |
| Statement Issue | 6 Monthly | |
| Account Keeping Fees | NIL | |
|
* Terms and conditions apply |
||
