As published by Thinktank. Details not published by the lender are marked.
- Loan amount
- $100K to $7.5M
- 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 75%Thinktank's product pages state up to 75%. The actual limit depends on documentation, security type and location, and is confirmed by the lender.
- Interest only
- Up to 3 years
- Occupancy
- Business or investment purpose (not personal use)
- Rate type
- Variable
- Term
- 3 mths to 3 yrs
- Security
- Property-secured
- Structure
- Short-term loan
- Fees
- Establishment fee as set out in the letter of offer · Discharge $1,000 plus legal fees
- Repayment frequency
- Monthly
- Documents
- Self-certified income with supporting documentation, or self-certified income with an exit strategy
- Credit policy
- An exit strategy is required · Cash out for any purpose except personal use
- 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 · Personal use
- 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 propertyCash flowRefinanceGrowth
About Private Commercial Loan
Thinktank publishes these details for Private Commercial Loan: structure short-term loan; loan amount $100K to $7.5M; term 3 mths to 3 yrs; security property-secured; maximum LVR up to 75%; documentation self-certified income with supporting documentation, or self-certified income with an exit strategy. 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
- Private Residential Loan: Suitable purposes is commercial property, Cash flow, Refinance, Growth here and cash flow, Refinance, Growth for Private Residential Loan.
- Residual Stock Loan: Thinktank publishes loan amount ($100K to $7.5M) for this product but not for Residual Stock Loan; term is 3 mths to 3 yrs here and up to 3 yrs for Residual Stock Loan; maximum LVR is up to 75% here and varies for Residual Stock Loan; Thinktank publishes documentation (self-certified income with supporting documentation, or self-certified income with an exit strategy) for this product but not for Residual Stock Loan.
- Private Vacant Land Loan: Thinktank publishes loan amount ($100K to $7.5M) for this product but not for Private Vacant Land Loan; term is 3 mths to 3 yrs here and up to 3 yrs for Private Vacant Land Loan; Thinktank publishes maximum LVR (up to 75%) for this product but not for Private Vacant Land Loan; Thinktank publishes documentation (self-certified income with supporting documentation, or self-certified income with an exit strategy) for this product but not for Private Vacant Land Loan.
- Commercial Full Doc Loan: Structure is short-term loan here and term loan for Commercial Full Doc Loan; loan amount is $100K to $7.5M here and $100K to $10M for Commercial Full Doc Loan; term is 3 mths to 3 yrs here and up to 30 yrs for Commercial Full Doc Loan; maximum LVR is up to 75% here and up to 80% for Commercial Full Doc Loan.
