Securing commercial finance requires the expertise of a specialist team. At Select Plus our consultants are able to package your loan application and present it to the most appropriate lender. Commercial lenders will evaluate your application based on a number of criteria and we are able to assist you in guiding you through this sometimes complicated process.
Whether you are looking at acquiring a new business or are already established in your existing business, we can help you with your financing needs. We can arrange finance for different securities ranging from commercial, retail, industrial, vacant or retail land, child care centres, medical centres and so on.
When purchasing a residential property for investment the initial deposit that you outlay is smaller than for a commercial property. If you have a good steady income, with a positive credit history, some lenders will allow you to borrow 97% of the purchase price.
Servicing the loan repayments on a residential property is usually easier to manage for most investors because interest rates are generally set at a lower rate for residential loans than for commercial loans. There is also less risk of your residential property being vacant for long periods of time because, in most situations, they are easier to let.
In summing up, the more information and market research you undertake the lower your investment risk will be. At Select Plus we can be there from the start to help find you the most suitable loan from our panel of trusted lenders. We can also give you a free property report to get your research started.