Commercial Property and Business Loan Interest Rate Update

Commercial Property and Business Loan Interest Rate Update

There has not been much change over the last month regarding commercial property interest rates. Business loan interest rates also remain stable.

Below is a list of some of the most competitive interest rates sourced from more than 200 commercial loan and business loan lenders.

TODAY’S INTEREST RATES

Last Updated 30th August 2023. Interest rates are subject to change. Reserve Bank of Australia kept rates on hold at 4.10% on 1st August.

Loan Type Interest Rate Loan to Value Security Type Quotes
Traditional Lenders        
Variable Interest Rates 6.29% to 9.74% 80% Commercial Enquire
Variable Interest Rates 6.19% to 7.59% 90% Residential Enquire
Fixed Rates From 6.09% to 8.89% 80% Commercial Enquire
Lease Doc From 6.49% to 7.89% 80% Commercial Enquire
1 Year Fixed from 6.09% to 9.51% 80% Commercial Enquire
2 Year Fixed from 6.57% to 9.63% 80% Commercial Enquire
3 Year Fixed from 6.89% to 9.88% 80% Commercial Enquire
5 Year Fixed from 7.09% to 9.71% 80% Commercial Enquire
Self Employed Low Doc from 7.54% 80% Commercial Enquire
Development Rate from 4.89% + line fee 75% Commercial Enquire
SMSF Self Managed Super Fund from 7.49% 80% Commercial Enquire
Medical Professionals from 6.79% 100% Commercial Enquire
Private Lenders        
Variable Interest Rates from 7.40% to 10.38% 80% Commercial Enquire
Fixed Rates from 8.35% to 11.15% 80% Commercial Enquire
SMSF Property Finance from 7.49% 75% Commercial Enquire
Development Finance from 7.45% 75% Commercial Enquire
Please Note: that the above interest rates are only examples. Interest rates are subject to change Pricing and maximum LVR will vary based on the location, facility size, type of asset and quality of the overall transaction. Lowest pricing based on facilities $5M+. Please complete an online form so we can assess your commercial lending needs.
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