Types of Commercial Property Loans
Commercial property lending in Australia typically includes loans for purchasing or refinancing commercial premises, as well as development loans for construction or major projects. The exact product names and conditions vary by lender.
Key Application Metrics
When assessing a commercial property loan application, lenders commonly evaluate metrics such as the loan-to-value ratio (LVR) and the debt service coverage ratio. LVR compares the loan amount to the property’s value, while debt service coverage measures the ability to repay the loan from the property’s income. Each lender sets its own thresholds and requirements.
How Arrivau Can Help
Arrivau is an Australian loan broker and a source of information and services for loans and property financing. If you are exploring commercial property loans, Arrivau can provide guidance on loan types and the key metrics lenders consider.