Are you a small business owner wanting to buy your owner occupied commercial property?

100% Owner Occupied Low Doc Commercial Property Finance

 

Owner Occupiers Webinar


FREE Start Buying and stop renting your own owner occupied Commercial Property WEBINAR

This webinar is much more than just a webinar

it is a step by step by guide

on Low Doc Commercial  property loans  for

small business owners wanting to buy  a commercial property.

Including information on 80% Low Doc Commercial Finance

If you trade with other businesses then we may be able to go higher than this.

LOW DOC 100

The below 100% finance is designed for small profitable self employed businesses that want to start buying and stop renting a commercial property

It's time someone looked after the owner occupiers!

If you say Yes to all the below then you may qualify for 100% finance

Low Doc Commercial 100% Finance

  • Will be buying an owner occupied property up to $500.000. If above this see the 90% option

  • The commercial property is in or near a major metro area

  • Am self employed with ABN and registered for gst

  • Have been trading for 24 months

  • Lodge BAS every quarter. The turnover for the BAS is a minimum $300,000 per quarter. If below this, see the 80% option

  • There has been no changes in shareholding, directors, ownership in last 18 months

  • All parties are Australian citizens or have permanent residency

  • We use Xero, MYOB or Quickbooks

  • Have no outstanding tax

  • Have clean credit

If you say Yes to all the above then you may qualify for 100% finance

If you say No to any of the above then you may qualify for 90% finance

If you say Yes to all the below then you may qualify for 90% finance

Low Doc Commercial 90% Finance

  • Will be buying an owner occupied property up to $1m.

  • Have 10% deposit and approx. 5% for stamp duty

  • Have found the property we want or have a good idea as to which one

  • The commercial property is in or near a major metro area

  • Am self employed with ABN and registered for gst

  • Have been trading for 24 months

  • Lodge BAS every quarter. The turnover for the BAS is a minimum $450,000 per quarter. If below this, see the 80% option

  • There has been no changes in shareholding, directors, ownership in last 18 months

  • All parties are Australian citizens or have permanent residency

  • We use Xero, MYOB or Quickbooks

  • Have no outstanding tax

  • Have clean credit

  • If you say Yes to all the above then you may qualify for 90% finance

    If you say No to any of the above then you may qualify for 80% finance

Low Doc Commercial 80% Finance

  • Will be buying an owner occupied property up to $1m

  • Have 20% deposit and approx. 5% for stamp duty

  • Have found the property we want or have a good idea as to which one

  • The commercial property is in or near a major metro area

  • Am self employed with ABN and registered for gst

  • Have been trading for 24 months

  • Lodge BAS every quarter. Turnover to be assessed on a case by case basis

  • There has been no changes in shareholding, directors, ownership in last 18 months

  • All parties are Australian citizens or have permanent residency

  • Have no outstanding tax

  • Have clean credit

Note, this is a pilot programme and is very early stage. At this stage it is only open to Sydney customers.

If you are interstate and would like to be waitlisted for this programme then please email us with the following:

  • your contact details
  • commercial property address and estimated purchase price
  • pdf copy of your last quartely BAS.

Email to waitlist@commercialwarehouse.com.au and we will come back to you when it becomes live in your area.

Each application is on case by case basis, and the interest rate will be determined by the risk.

This programme is based on a Low Doc Commercial basis.

  • No tax returns
  • No accountants letter

However, you will be required to produce BAS statements, management accounts (eg myob),, and a clear tax portal to show no outstanding tax.

Of course you will need to provide ID, draft contract of sale etc. and any applicant must demonstrate servicing.

All applications are subject to lenders normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply.

To know more about this exciting  pilot programme please call

1300 569 362 and ask to discuss about LOW DOC 100

Owner Occupiers Webinar


FREE Start Buying and stop renting your own owner occupied Commercial Property WEBINAR

This webinar is much more than just a webinar

it is a step by step by guide

on Low Doc Commercial  property loans  for

small business owners wanting to buy  a commercial property.

Including information on 80% Low Doc Commercial Finance

If you trade with other businesses then we may be able to go higher than this.