Commercial Loans in Melbourne

Commercial loans are bank loans that are granted to different

types of business entities. In some cases, the loan is extended to

aid a company with short-term funding for basic working

functions, such as meeting payroll or purchasing supplies that are

used in the production of the goods manufactured and sold by the

company. At other times, it may be used to buy new machinery

that is directly connected to the operation of the business.

Commercial Loans are a debt-based funding arrangement that a

business can set up with a financial institution. The proceeds of

commercial loans may used to fund large capital expenditures

and operations that a business may otherwise be unable to afford.

Commercial loans are usually

for a short-term secured or

unsecured, and are often

advanced for financing

equipment or inventory. Banks

usually require the commercial

borrowers to submit monthly and annual financial statements,

and to maintain insurance cover on the financed item.

Services

Equipment finance

Vehicle finance

Debtor finance

Equipment rental or leasing

Working capital

Types of Commercial Loans include:

Real Estate Purchase Loan

Hard Money Loan

Bridge Loan

Joint Venture Loan

One of the advantages to this type of loan is that many banks offer

them at very competitive interest rates. Often, the rates will be

lower than for other loans, especially assets that the borrower will

have a smaller amount to repay the lender. As with all financial

arrangements, local and national laws regarding the banking

industry will dictate the structure and conditions associated with

a commercial loan.

For more details, please visit:

http://www.capitalaccess.net.au/