Buying a commercial property can be a great long-term investment for both business owners and investors. If you are thinking about investing in commercial property and leasing it out, commercial leases generally have longer lease terms and higher returns than residential properties, however, with this also comes higher risk.

If you are a business owner, purchasing a commercial property to operate your business out of can have many long-term benefits. Although it may be cheaper in the short-term to lease a premises, owning the premises in which your business operates from can offer you security and, depending on how you purchase the property, other long-term benefits.

Purchasing a commercial property in your own name or through a self-managed super fund – with this option, the property will likely appreciate over time and build your personal wealth. Your business would essentially lease the premises from you.

Purchasing a commercial property in your business’s name – this option allows you to build equity in the property, which you can then use to secure loans for other business purposes.

Our commercial loan brokers will be able to discuss which option is most suitable for your needs. Contact us today for an obligation-free loan consultation.

Types of Commercial Loans

There is no one size fits all when it comes to commercial loans. Commercial loans can be used to purchase a commercial property, fund business operations, or buy business equipment. Our finance brokers can help you with:

• Commercial loans to purchase a property;
• Commercial overdraft to help your business manage fluctuating cash flows;
• Business loans to invest or expand a business;
• SMSF Loans – to finance commercial properties acquired by a self-managed super fund; and
• Equipment Finance – to fund the purchase of motor vehicles and other equipment required for the operation of your business

At Eakins Finance & Insurance, our commercial loan brokers in Cairns will work with you to find the most suitable commercial finance options for your circumstances. We will look at both the rate and the features to help you make informed decisions.