As published by Thinktank. Details not published by the lender are marked.
- Loan amount
- $100K to $10M
- Rate
- Rate available on applicationThinktank publishes its pricing to accredited brokers only, so rates are not shown here. A broker can confirm the rate for your scenario.
- Maximum LVR
- Up to 80%Up to 80% including the cash out. The limit is lower for larger loans, smaller towns, Quick Doc and some property types.
- Interest only
- Up to 5 years
- Occupancy
- Owner occupied · Investment
- Rate type
- Variable
- Term
- Up to 30 yrs
- Security
- Property-secured
- Structure
- Term loan
- Fees
- No ongoing fees or annual reviews · Establishment and settlement fees as set out in the letter of offer · Discharge $950 plus legal fees
- Repayment frequency
- Monthly
- Documents
- Full Doc, Mid Doc or Quick Doc
- Credit policy
- No credit scoring, every application assessed on its merits · No cross collateralisation or unnecessary security · No WALE requirements · No annual reviews or revaluations
- Not accepted
- Credit impaired lending · Construction or development funding · Aged care or nursing homes · Highly specialised properties such as service stations, churches, theatres or airports · Postcodes with a population under 10,000 people
- How to apply
- Through a broker or the lender's relationship managers
- Not published by Thinktank
- early repayment, time trading, turnover, guarantees, funding time
- Suitable purposes
- Cash flowGrowthRefinance
About Commercial Property Cash Out
Thinktank publishes these details for Commercial Property Cash Out: structure term loan; loan amount $100K to $10M; term up to 30 yrs; security property-secured; maximum LVR up to 80%; documentation full Doc, Mid Doc or Quick Doc. Not published by Thinktank for this product: time trading, turnover, funding time, guarantees. Ask the lender or a finance specialist to confirm these before you apply.
How it differs from other Thinktank products
- Commercial Full Doc Loan: Documentation is full Doc, Mid Doc or Quick Doc here and full financials (most recent financial information) for Commercial Full Doc Loan; suitable purposes is cash flow, Growth, Refinance here and commercial property, Refinance, Growth for Commercial Full Doc Loan.
- Commercial Mid Doc Loan: Documentation is full Doc, Mid Doc or Quick Doc here and alternative income verification instead of full financials for Commercial Mid Doc Loan; suitable purposes is cash flow, Growth, Refinance here and commercial property, Refinance, Growth for Commercial Mid Doc Loan.
- Commercial Quick Doc Loan: Loan amount is $100K to $10M here and from $100K for Commercial Quick Doc Loan; maximum LVR is up to 80% here and varies for Commercial Quick Doc Loan; documentation is full Doc, Mid Doc or Quick Doc here and minimal documentation for Commercial Quick Doc Loan; suitable purposes is cash flow, Growth, Refinance here and commercial property, Refinance, Growth for Commercial Quick Doc Loan.
- Commercial Lease Doc Loan: Loan amount is $100K to $10M here and from $100K for Commercial Lease Doc Loan; term is up to 30 yrs here and up to 25 yrs for Commercial Lease Doc Loan; maximum LVR is up to 80% here and varies for Commercial Lease Doc Loan; documentation is full Doc, Mid Doc or Quick Doc here and assessed on the lease: at least a 2-year arm's length lease for Commercial Lease Doc Loan.
