Growing a business can be done a few different ways – inject your own money, sell equity to external investors or get a commercial loan. Out of those 3 options, getting a commercial loan ensures you retain your equity in the business, without having to compromise your personal finances. Chat to us today about getting the finance your need to take your business to the next level.

The term of your commercial loan is typically determined by the security that you offer to the bank:

• 30-year term: Available only with residential property as a security.
• 20 – 25-year term: Available from select lenders with commercial property as a security.
• 15-year term: The most common term for commercial property loans.
• 5–7 year term: Typical terms for commercial equipment / equipment finance.
• Shorter terms: Used for short term business loans, invoice discounting and development loans.