Like residential real estate finance, the commercial category is competitive among banks and lenders.
Your business can make the most of this to create excellent opportunities for growth and long-term investment. However, in contrast to the more familiar residential market, there are many more variables. A commercial real estate loan can be used for anything from retail to industrial, office complexes to aged care facilities, or hotels and apartments, and the finance can be used for buying land, property development or construction. This means you’ll need an understanding of the commercial finance market. Enlisting the help of an experienced business finance broker is a good place to start.