If you’ve been tempted by the returns that commercial property is currently offering – or simply looking for a way to stop paying rent on your business premises, the Commercial Property Loan (CPL) is the perfect solution for you.
A truly innovative product, the CPL comes with a whole host of benefits that makes the dream of owning commercial property come true a lot easier that you might think, including:
- A longer 20 year loan period so you can repay the loan over the long-term.
- Interest only option for up to five years should you need to reduce your repayments.
- Borrow up to 70% of the property’s value - from $100,000 to $1,500,000.
- No annual reviews means there’s no lender constantly looking over your shoulder - saving you both time and money.
- Redraw facility any additional funds paid in are always available should the unexpected occur.
- Stand alone loan - no need to change your existing banking arrangements, so you can leave any existing loans right where they are.
- And naturally, a competitive rate of interest.
> To apply for a Easy Doc Line of Credit, contact your nearest Resi branch.
Resi has created an informative guide for investing in commercial property. If you would like your free copy of our booklet, ‘Resi Commercial Property Navigator - your guide to buying commercial property, simply fill out this form:
Alternatively contact your local Resi branch for more information.