Commercial Property - Vehicles - Plant & Machinery - Earthmoving - Construction Equipment
At PRIME Financial Perth we are well known for our Home Loans and First Home Buyer loans, helping many young Perth families into their first home. Interestingly though, I found many of our clients were unaware we have been providing commercial loans and advice for over a decade. I think it fair to say we are well experienced in Property Loans, Low Rate Commercial Vehicle Loans and equipment finance for Plant & Machinery, Earthmoving and Construction Equipment. We also provide refinancing for commercial loans.
Commercial property loans are often interesting for many reasons including the reason for purchase. Owning the building and/or other property where you operate your business is important for many companies. Especially for companies that require a custom floor plan or specific structural components to accommodate their activities.
In fact, owning the property where you do business delivers an unparalleled form of security, since you’re not prone to a landlord’s rules or restrictions. Not meaning to dramatise this point, but image being forced to move to another location because a new landlord has purchased the property and significantly raised the rent and/or the common area maintenance charges. For retail businesses in particular, your shop-front is an essential part of your identity and your success! Remaining in one spot is extremely important. Purchasing the property where you operate provides a stability.
Property ownership also serves as a method of re-investment, since each loan payment is essentially an investment back into your own business.
Additionally, refinancing while interest rates are currently very low can help business owners and investors alike save thousands of dollars over the life of their loan.
In this "interesting" economy, many lenders have tightened their lending criteria, making it more difficult than ever for the borrower to find the right commercial loan. If you are looking for a commercial loan for Property, Commercial Vehicles, Plant & Machinery, Earthmoving or Construction Equipment give us a call and we will ensure we connect you with the right lender for your unique needs.