Struggling to get Commercial Finance?

Posted Wednesday, October 12, 2016 Comments (0)

There is no denying the current climate for commercial lending is experiencing a turbulent period, with the lending market constricting in terms of credit approvals, acceptable security and loan terms. With interest rates at record lows, property investors are feeling the pressure to employ their capital more wisely, however banks are becoming more reluctant to lend against properties that do not fit into the prime category. The main contributing factors for this are: Increased regulation from APRA to control lending integrity. The requirement for banks to correct their portfolio exposure off the back of the mining downturn and residential development boom. Uncertainty of global markets due to the US election, Brexit and the drastic increase in foreign investment in Australian property. Growing vacancy rates and fear of an over-supply of residential units in certain locations nationally. 

So what can be done? 

Balmain Commercial has over 30 years of experience in commercial property lending and has extensive knowledge of the lending market. Balmain is able to deliver on loans for commercial property of all types, not just prime properties required by the banks. 

We specialise in underwriting loans on income producing properties, land and development sites, which assist the sponsor during transitional periods (such as obtaining council approvals and sell down stages). Our ability to form a sound understanding of the underlying asset, the loan purpose and the capacity of the borrowing group allows us to confidently finance your property or project in the most efficient manner possible. 

Recent examples of property financed by Balmain

Call Balmain for an obligation free discussion about your commercial finance needs and for more information on how we can provide funding for your property.


Luke McKenzie is a Director at Balmain Brisbane, specialising in sourcing commercial investment, construction and residential finance for property investors, developers and owners in South East Queensland. 

Email Luke: lmckenzie@balmain.com.au
LinkedIn: au.linkedin.com/pub/luke-mckenzie/59/1a0/bb8

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