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 both 80% and 100% Low Doc Commercial Finance

This 100% finance is designed for company owned businesses that mainly trade with other businesses (ie business to business). If you trade mainly with the public it is 80%

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

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

  • Am self employed and registered for gst

  • Are a company or a trust

  • Have been trading for 24 months

  • Lodge BAS every quarter

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

  • We invoice other Australian businesses

  • You invoice customers when work is complete

  • We use Xero, MYOB or Quickbooks

  • Have more than $125k in unpaid invoices Max Property Purchase Price $500,000

  • OR Have more than $250k in unpaid invoices Max Property Purchase Price $1m

  • You have no outstanding tax

  • Will be buying the property you will be trading in.

  • Have clean credit

  • Property is in or near a major metro area

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 80% finance

 

 

 

 

 

 

Note, this is a pilot programme and is very early stage.

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), debtor ledger, 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 both 80% and 100% Low Doc Commercial Finance