As published by Macquarie Bank. Details not published by the lender are marked.
- Rate
- Individual assessmentRates and fees vary with the amount borrowed, the security provided and the product; pricing is set per customer.
- Term
- Up to 30 yrs
- Security
- Property-secured
- Structure
- Property-secured loan
- Fees
- Establishment fee of $1,000 for individual borrowers · Establishment fee of up to 0.50% of the limit for corporate borrowers on limits up to $3 million (on application above $3 million)
- Documents
- Company financials, an application form and personal information forms for the directors or partners.
- Restrictions
- Residential property loan terms up to 30 years; commercial property loan terms up to 5 years. Commercial property LVR up to 70%, with up to an additional 10% for eligible owner-occupied healthcare borrowers. Target loan size is typically $1 million and above. Available to property investors and businesses in Macquarie's key industries: accounting, architecture, engineering, financial services, healthcare, insolvency, insurance, legal, real estate, strata management, surveying and technology.
- How to apply
- Direct with the lender, or through us
- Not published by Macquarie Bank
- loan amount, rate type, repayment frequency, early repayment, time trading, turnover, guarantees, funding time
- Suitable purposes
- Commercial propertyGrowth
About Property-Backed Loan
Macquarie Bank publishes these details for Property-Backed Loan: structure property-secured loan; term up to 30 yrs; security property-secured; documentation company financials, an application form and personal information forms for the directors or partners.; suitable purposes commercial property, Growth. Not published by Macquarie Bank for this product: loan amount, maximum LVR, time trading, turnover, funding time, guarantees. Ask the lender or a finance specialist to confirm these before you apply.
How it differs from other Macquarie Bank products
- Business Overdraft: Structure is property-secured loan here and overdraft for Business Overdraft; loan amount is published for Business Overdraft (from $50K) but not for this product; Macquarie Bank publishes term (up to 30 yrs) for this product but not for Business Overdraft; security is property-secured here and secured for Business Overdraft.
- Fixed Term Loan: Structure is property-secured loan here and term loan for Fixed Term Loan; term is up to 30 yrs here and up to 5 yrs for Fixed Term Loan; security is property-secured here and secured for Fixed Term Loan; suitable purposes is commercial property, Growth here and growth, Buy a business, Refinance for Fixed Term Loan.
- Line of Credit: Structure is property-secured loan here and line of credit for Line of Credit; term is up to 30 yrs here and up to 5 yrs for Line of Credit; security is property-secured here and secured for Line of Credit; suitable purposes is commercial property, Growth here and cash flow for Line of Credit.
