Commercial Loans in Carnegie
Buying business premises, funding fit-out costs, or securing a commercial investment property involves a different set of lenders, assessment criteria, and loan structures to residential finance. It’s a space where having the right broker matters.
Karthik works with business owners and investors on commercial lending – finding lenders who understand the income, the asset, and the purpose behind the loan.
A recent client story
Raj Nambiar had been leasing the premises for his medical practice in Clayton for eight years when his landlord put the building up for sale. Rather than find a new lease, he decided to buy. I structured a commercial loan using the practice’s income and Raj settled on the building within two months. His monthly costs are now lower than his old rent.
How it works
30 minute call
We start with a conversation. I’ll ask about what you’re looking to do, how you earn, and where your finances sit – enough to put together a rough picture of your borrowing capacity and what you’d need to settle. You’ll leave with a clear sense of what’s realistic before anything moves forward.
Get Documents
I’ll send you a short list of what I need – usually payslips or tax returns, ID, and any existing loan statements. Nothing excessive at this stage. Once I have them, I handle the legwork.
Find Options
I compare your situation across 30+ lenders and find the best fit for how you earn, what you owe, and which lenders are actually likely to approve. I’ll run you through the options before anything gets submitted.
Apply
Once you’re happy with the recommendation, I prepare and lodge the application. I stay across it until settlement and let you know if anything needs attention.
Who this suits
Business owners paying off ATO debt – If you have ATO debt, the interest on those repayments is no longer tax-deductible. Consolidating it under a commercial loan, could give you some tax benefits.
Commercial property investors – retail, industrial, medical, and office assets all attract different lenders and LVR limits. Karthik knows which lenders are active in each category.
Developers and builders – construction finance for commercial projects requires lenders with specific experience in the space. Karthik works with lenders who understand development timelines and drawdown structures.
Existing commercial borrowers reviewing their position – commercial loan terms typically expire every 3-5 years. If yours is coming up for review, it’s worth comparing the market before you sign another term with the same lender.
Common questions
What types of commercial loans are available? Options include commercial property loans, business term loans, lines of credit, overdraft facilities, equipment finance, and invoice financing. The right structure depends on what the funds are for – property purchase, working capital, equipment, or business expansion.
Do I need to provide the same documents as a home loan? Some overlap, but commercial lending also requires business financials – profit and loss statements, balance sheets, BAS statements, and business bank statements. Lenders assess the business’s ability to service the debt, not just personal income.
Can I use my property as security for a business loan? Yes – cross-collateralising residential or commercial property can unlock better rates and higher loan amounts. It’s worth understanding the implications before doing this, as it ties your personal property to business debt.
How long does commercial loan approval take? Longer than residential – complex applications with multiple securities or business structures can take 4-8 weeks. For more straightforward deals, 2-3 weeks is common. Private lenders can sometimes move in days for asset-backed lending.
Can I get a commercial loan if my business is less than two years old? Some lenders will consider younger businesses with the right security and financial profile. It limits the lender pool but doesn’t rule it out. Specialist and non-bank lenders tend to be more flexible on this than the major banks.
What’s the difference between a secured and unsecured business loan? Secured loans use assets – property, equipment – as collateral and carry lower rates. Unsecured loans rely on cash flow and credit profile and are faster to arrange but more expensive. The right choice depends on how much you need, what security you have, and the purpose of the funds.
Why Loanset?
Karthik is an accredited mortgage broker operating under National Mortgage Brokers (NMB), Australian Credit Licence 391209, Credit Representative 556382. He works with a panel of 30+ lenders including major banks, regional lenders, and specialist financiers. Based in Carnegie, he meets clients in person, by phone, or via video.
I'm here to help
Whether you’re just starting to think about your options or ready to move – reach out.
Find a time that suits you below and let’s chat.
