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BUSINESS FINANCE
 Lease
and Commercial Hire Purchase Finance allows businesses to
purchase equipment for the business without additional security
and generally without a deposit.
The types of equipment that can be financed in this manner
include: motor vehicles, trucks, bobcats, back hoes, computers
and peripherals, fixtures and fittings, coolrooms, spray booths.
Generally any piece of equipment that assists in producing
income for the business or has a tax deductibility of more
than 50% can be financed in this way.
For a quote or for more information email
or phone 02 6236 9811.
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COMMERCIAL LOANS
 Commercial
loans are used to purchase commercial or industrial real estate.
The market for this is slowly becoming more competitive and
in consequence providing more products to select.
Generally we can provide a commercial / industrial loan up
to 75% of the purchase price or valuation, whichever is the
lesser, essentially on the same terms and conditions as a
home loan.
Each application is judged on its merits and a conditional
approval can be obtained without any up-front costs.
For a quote or for more information email
or phone 02 6236 9811
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HOME LOANS
 Capital
Business Services has access to all the major home loan lenders
in Australia as well as specialty non-bank lenders to provide
the best options for all our clients.
Loans up to 80% of the value or purchase price of the property
do not attract mortgage insurance. See A NOTE ON MORTGAGE
INSURANCE for more information.
Most lenders will lend to 95% of the value/purchase price
whilst there are a few who will lend to 100%. This is always
subject to mortgage insurance approval and sometimes the premium
is prohibitive.
We also have lenders who are prepared to lend without the
need to provide evidence of income. This is very popular with
people who have casual work or have just commenced part-time
work or who work for themselves and do not have the appropriate
income documentation.
For a quote or for more information email
or phone 02 6236 9811
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INVESTMENT LOANS
 Years
ago the banks would charge up to 2% more for an investment
loan. Their philosophy was if you are making money we want
to share in it. They would also insist on a shorter than normal
term, which would make the monthly payments higher.
These days there is no difference between a home loan or
an investment loan other than the lending ratio.
Nearly all lenders will only lend up to 90% of the value
or purchase price of the investment property, whichever is
the lesser. Any loan over 80% of the security value requires
mortgage insurance approval and a paid premium. See A NOTE
ON MORTGAGE INSURANCE for more information.
Most investors have equity in the current home and can use
that equity to provide additional security thus avoiding the
cost of mortgage insurance.
For a quote or for more information email
or phone 02 6236 9811
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A NOTE ON MORTGAGE INSURANCE
Mortgage insurance is a policy taken out by the lender to
protect them against any possible loss from a forced sale
situation.
The premium is paid by the borrower at settlement and is
based on the amount borrowed and the loan to valuation ratio (LVR).
This insurance provides no protection to the borrower. If
the borrower requires income, sickness or accident protection
or death cover, we can refer you to an appropriate and independent
expert. Top
LAND LOANS
 Most
lenders will provide a loan to purchase vacant land at the
usual home loan requirements. Some lenders, however, either
do not do them at all or provide conditions - such as shorter
terms or requirement to build within a specific time frame.
It is advisable to use an experienced mortgage originator
to assist you.
For a quote or for more information email
or phone 02 6236 9811
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OTHER LOANS
 Lenders
will call these loans many names - supplementary loan, car
loan, holiday loan, consolidation loan, and so on. But in
real terms they are all simply a “housing loan” and have the
same terms and conditions as a home loan.
For a quote or for more information email
or phone 02 6236 9811
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