Commercial Lending Update October 2019

Commercial lending for the month of October 2019 has seen interest rates decrease across most types of loans. Due to the Reserve Bank of Australia’s interest rate reductions commercial lending products has seen decreases in fixed and variable rates.

Below are some of the interest rates that can be sourced depending on your lending requirements and security type.

Today’s Interest Rates

LenderLoan TypeSecurity TypeInterest RateMax LVR
Commercial Reference RateVariable Interest Rate fromCommercial Security3.47% to 5.37% plus risk marginUp to 75%Enquire
BankVariableResidential Security3.47% – 4.19%80%Enquire
BankFixed Rates FromResidential Security3.49% – 4.14%80%Enquire
BankVariable Rates FromCommercial Security3.47% – 5.74%Up to 80%Enquire
BankLease Doc VariableCommercial Security4.59% – 5.99%60% to 80%Enquire
BankCommercial Equity Loan FromCommercial Security4.69% to 6.25%60% to 80%Enquire
Bank1 Year Fixed Rate FromCommercial Security3.85% – 6.01%Up to 80%Enquire
Bank2 Year Fixed Rate FromCommercial Security3.68% – 5.83%Up to 80%Enquire
Bank3 Year Fixed Rate FromCommercial Security3.48% – 5.74%Up to 80%Enquire
Bank4 Year Fixed Rate FromCommercial Security3.65% – 5.14%Up to 80%Enquire
Bank5 Year Fixed Rate FromCommercial Security3.74% – 5.24%Up to 80%Enquire
Various LendersDevelopment Rate FromCommercial Securityfrom 3.70%Up to 75%Enquire
Non BankSMSF Self Managed Super FundCommercial Securityfrom 4.95%Up to 70%Enquire

Commercial Loan Quotes

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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