Commercial finance is generally offered by a bank or other lender, but as real estate crowdfunding takes off across Australia, it has cemented itself as another leading finance method for commercial properties. Depending on the type of project you want to embark on, there’s a world of finance options available.
Whether you are looking for commercial finance or another type of finance, depends on a number of factors.
Commercial property is a complex business but is a profitable one. Last year saw the biggest surge in occupier activity in regional cities.
There has never been a better time to invest in commercial property across Australia, and whatever the scale of your development and your level of expertise, CrowdfundUP has a highly experienced team to make your funding goal a practical reality.
Think of the main source of commercial financing for your property developments. In determining which form of finance is right for your cash flow.
Additionally, this finance is flexible and secured, it provides you with the quick cash injection that you may not have been able to secure elsewhere
With more speculative development taking place than ever before, bridging finance is on the up but it’s not easy to secure from high street banks. Our commercial property experience means we can realistically assess the potential of your project and provide the right finance from our network of Investors.
Dependant on your situation, there are two types of bridging loans to choose from:
This is used when there is a set date for when the loan must be repaid. You’re likely to be eligible for this type of loan if you have a long-term funding option already arranged, such as the sale of your existing property.
This type of loan is useful when there isn’t a definite long-term finance option in place. The loan may run for six or nine months, however, depending on the circumstances, this may be longer.
Bridge and development finance have significant overlap and might seem interchangeable, but there are differences between the two. The main thing that determines if you need bridging finance or development finance is how ‘heavy’ the project will be.
As you can see, commercial property finance is complicated, especially when it comes to financing - there are many options that can be applied individually, or together.
Ultimately, the best first step to take when determining what type of finance you need is to assess how extensive the project is, how long it will take, and how much it is likely to cost in both the best- and worst-case scenario.
With crowdsourced funding,commercial property finance made easy. Please contact CrowdfundUP team, we specialise in financing commercial property finance right across Australia.
The information in this article is general in nature. Any advice it contains is general advice only and has been prepared without taking into account the objectives, financial situation or needs of any particular person.
The article content is not intended to be a substitute for professional advice and readers are urged to seek their own appropriate advice before making decisions.
Any reference to a particular investment is not a recommendation to buy, sell or hold the investment.