Commercial loans Nowra / Business Lending Nowra
We can help you secure a commercial loan
Are you thinking of buying commercial property, either as an investor or for your own business? At Mortgage Choice in Nowra, we are fully accredited and highly experienced in dealing with commercial lending and business transactions, so we can help you through every step of the way.
Our team can work with you to pinpoint the best finance option for your unique circumstances from a wide range of lenders and loans. We evaluate the best choice for you by examining both the rate and features of each loan to make managing your finances that much easier.
Contact Paddy and his team today!
Buying commercial property as an investor
Adding a commercial property to your investment portfolio can be a wise choice. Commercial investment is a potentially stable income source with a higher yield than standard residential properties. Investing in commercial property is comparable to residential investment, however, there are a few crucial differences for investors to be aware of before they decide to follow this route.
Benefits of commercial investment
- Longer leases - though this can also mean longer vacancy periods
- Low maintenance costs, as these are usually covered by the lessee
- Higher yield than residential properties
- Long term capital growth
Risks of commercial investment
- Can be hard to secure a loan as it is considered a higher risk investment
- Longer vacancy periods
- Less market demand can result in difficulty selling
- Relies more heavily on local and global economic factors
Buying commercial property for your business
If you are looking to secure premises for your business, it may be possible to secure finance through a Self-Managed Super Fund (SMSF).
Investing through a SMSF can result in a potentially more tax-efficient business structure and protection of your assets as they generate wealth. To maximise your chances of a successful application through your SMSF, lenders generally prefer a fund with an established and diversified portfolio to mitigate the high risk investment.
Whatever your financial and business position, professional advice is vital in setting up your property to succeed. Your local team at Mortgage Choice in Nowra can counsel you on the best path forward, minimising stress both now and in the future.
Contact Paddy and his team today!
Get in touch with Paddy O’Sullivan and his team today on 02 4422 4062 to discuss your future in commercial property.
Paddy and his team can also assist you with:
