As published by Thinktank. Details not published by the lender are marked.
- Loan amount
- From $100K
- 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
- VariesLower than the Full Doc and Mid Doc options and set by loan size and location. Confirmed by the lender on application.
- 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
- Minimal documentation
- 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
- Commercial propertyRefinanceGrowth
About Commercial Quick Doc Loan
Thinktank publishes these details for Commercial Quick Doc Loan: structure term loan; loan amount from $100K; term up to 30 yrs; security property-secured; maximum LVR varies; documentation minimal documentation. 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: Loan amount is from $100K here and $100K to $10M for Commercial Full Doc Loan; maximum LVR is varies here and up to 80% for Commercial Full Doc Loan; documentation is minimal documentation here and full financials (most recent financial information) for Commercial Full Doc Loan.
- Commercial Mid Doc Loan: Loan amount is from $100K here and $100K to $10M for Commercial Mid Doc Loan; maximum LVR is varies here and up to 80% for Commercial Mid Doc Loan; documentation is minimal documentation here and alternative income verification instead of full financials for Commercial Mid Doc Loan.
- Commercial Lease Doc Loan: Term is up to 30 yrs here and up to 25 yrs for Commercial Lease Doc Loan; documentation is minimal documentation here and assessed on the lease: at least a 2-year arm's length lease for Commercial Lease Doc Loan; suitable purposes is commercial property, Refinance, Growth here and commercial property, Refinance for Commercial Lease Doc Loan.
- Commercial Specialised Securities Loan: Documentation is minimal documentation here and full Doc, Private lending for Commercial Specialised Securities Loan; suitable purposes is commercial property, Refinance, Growth here and commercial property, Refinance for Commercial Specialised Securities Loan.
