April 2022 – Commercial Fixed Rates are On the Rise

The last few months has seen an increase in fixed interest rates for commercial lending while variable interest rates have remained stable. Interest rates will vary from customer to customer depending on the type of lending required and risk profile of the deal.

We are likely to see an increase in variable rates over the short to medium term as the Reserve Bank of Australia has hinted on interest rate rises due to increasing inflation.

We will keep an eye of these changes and update according.

 

Lender Loan Type Security Type Interest Rate Max LVR  
Commercial Reference Rate Variable Interest Rate from Commercial Security 2.02% to 5.45%  Up to 75% Enquire
Bank Variable Residential Security 2.49% 80% Enquire
Bank Fixed Rates From Residential Security 2.40% 80% Enquire
Bank Variable Rates From Commercial Security 2.40% – 5.74% Up to 80% Enquire
Bank Lease Doc Variable Commercial Security 2.65% – 5.99% 60% to 80% Enquire
Bank Commercial Equity Loan From Commercial Security 4.69% to 6.25% 60% to 80% Enquire
Bank 1 Year Fixed Rate From Commercial Security 2.50% Up to 80% Enquire
Bank 2 Year Fixed Rate From Commercial Security 2.25% – 5.83% Up to 80% Enquire
Bank 3 Year Fixed Rate From Commercial Security 2.45% – 5.74% Up to 80% Enquire
Bank 4 Year Fixed Rate From Commercial Security 2.65% – 5.14% Up to 80% Enquire
Bank 5 Year Fixed Rate From Commercial Security 2.94% – 5.24% Up to 80% Enquire
Various Lenders Development Rate From Commercial Security from 3.40% Up to 75% Enquire
Non Bank SMSF Self Managed Super Fund Commercial Security from 4.95% Up to 70% Enquire
Please Note: that the above interest rates are only examples. Interest rates are subject to change and vary according to security type, property type, borrow amount against the properties value, loan amount, location, use and purpose. Please complete an online form so we can assess your commercial lending needs
 

If you have any questions about these announcements or interest rates, please feel free to contact us.

Calculate the cost of commercial lending please feel free to use one of our calculators at commercial loan calculators.

For more information regarding commercial finance loans for owner occupied and investment purposes please visit commercial loans website 

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