Loans
Private commercial mortgages
A private commercial mortgage lets your company or trust raise capital against commercial property - an office, shop, warehouse or industrial unit - arranged outside the banks. It can sit first-ranking as the senior security, or second-ranking behind a loan you already hold, and it is assessed on the asset and a clear exit rather than full financials.
Raise capital against commercial property.
The amount, the asset and the timeframe. We’ll match you with a funder and email you their introduction. Reply to it and they’ll be in touch.
- No cost and no obligation. An enquiry is not a commitment to anything.
- We match you with a funder and email you their introduction. Reply to it and they take it from there.
- Your details stay with us until you reply to the introduction.
Enquire
Send an enquiry
Takes two minutes.
How a private commercial mortgage works
A private commercial mortgage is a loan secured by a mortgage over commercial property, arranged outside the banks. It can sit first-ranking - the senior security against the property, standing where a bank first mortgage would - or second-ranking, behind a first mortgage your company or trust already holds, releasing equity without refinancing the senior facility. Either way the property does the work: the facility is assessed on the security and a clear exit rather than full financials and historical serviceability, which is what lets it settle in days rather than weeks. It is business-purpose lending to companies and trusts, not consumer credit.
What it’s used for
Most often: buying commercial premises when a bank is too slow or won’t fund the asset class; releasing equity from a commercial property the company or trust already owns, for a deal, a tax bill or working capital; refinancing a private facility before it matures; or covering a settlement the bank can’t meet in time. The common thread is commercial security and a timeframe or structure a bank can’t accommodate - not a borrower who can’t be funded, but a deal that can’t wait.
Commercial property is assessed differently
Worth saying plainly: commercial property is assessed more conservatively than residential. The lease, tenant quality, location and how readily the asset would sell all shape the loan-to-value ratio, which usually tops out around 70% and runs lower for specialised or thinly traded assets. A well-located, well-tenanted property in a major market borrows more, and more cheaply, than a vacant or special-purpose one. For a second-ranking facility, what matters is the combined position across both loans, not either in isolation.
What we’ll need
Three things, kept light: the property and its rough value, the amount and what it’s for, and the exit - a refinance, a sale, or the deal completing. If there is an existing first mortgage, the balance and who holds it, so a priority arrangement can be confirmed where a second-ranking facility needs one. From there we structure the mortgage, confirm the terms and move. Indicative pricing starts from around 9% p.a. and is representative only - every deal is priced on its security, LVR and exit, and the full picture sits on the rates and fees page. All terms are subject to assessment.
- Companies or trusts buying or refinancing commercial property the banks won't fund in time
- Borrowers releasing equity from commercial property they already own
- Time-critical or complex deals assessed on security and exit, not full financials
- Owner-occupier consumer borrowers - this is business-purpose lending only
- Strong, well-documented borrowers with time to wait, who a bank will price more sharply
- Anyone without a realistic repayment, sale or refinance exit
Sounds like your situation?
Tell us the amount, the asset and the timeframe. We’ll match you with a funder and email you their introduction.
How it compares
FAQ
Is a private commercial mortgage a first or second mortgage?
It can be either. First-ranking, it is the senior security against your commercial property. Second-ranking, it sits behind your existing first mortgage and releases equity without refinancing it.
What property can it be secured against?
Commercial property - office, retail, industrial, warehouse and mixed-use - held by a company or trust for a business purpose. Residential held for a business purpose can also be considered.
How is it different from a bank commercial loan?
It is assessed on the security and a clear exit rather than full financials, so it can settle in days and fund deals or asset classes a bank won't. That speed and flexibility is priced higher than a bank rate.
What LVR can I borrow to?
Commercial property is assessed more conservatively than residential - typically up to around 70%, and lower for specialised or harder-to-sell assets. For a second-ranking facility the cap is on combined LVR across both loans.
Do you need my existing mortgage holder's consent?
For a second-ranking facility a priority arrangement with your first-mortgage holder may be required, and we confirm that position upfront. A first-ranking facility does not need it.
Raise capital against commercial property.
No cost, no obligation. The form is back up the page and takes two minutes.