Commercial and Industrial Property Finance

Commercial and Industrial Property Finance: A Comprehensive Guide

Securing the right finance for commercial property can make or break your expansion plans. Whether you're an established business ready to own your premises, looking to open a restaurant or cafe, acquire industrial property or seeking retail or office space, understanding your loan options is essential.

At Laneer Finance Group, we specialise in supporting Vietnamese Australian businesses navigating commercial and industrial property finance. We communicate in Vietnamese and English, ensuring you fully understand your financing options and feel confident throughout the process.

Types of Commercial Loans for Industrial Property

To assess your application, lenders typically evaluation the following critieria to which Laneer Finance Group can help support and prepare you for.

Business Cash Flow

• Can your operations service the loan repayments? Lenders will review your profit and loss statements, tax returns and in some instances cash flow projections to assess repayment capacity.

Business track record:

• Lenders typically review extended trading history and require a clear understanding of the people behind the purpose of funds, though newer businesses can still secure finance.
  Deposit size:
• Larger deposits or equity often provide access to a wider range of lenders and the best possible rates when facilitating commercial purchases.

Property income:
If you plan to formally sub-lease portions of the property, rental income can potentially strengthen your application.

The Application Process

Securing commercial and industrial finance involves several key stages. Here's what to expect:

• Initial Assessment
  We evaluate your financial position, business structure, and property requirements to identify suitable lending options.
• Lender Selection
  Based on your profile, we approach lenders whose criteria align with your circumstances with the intention of ensuring of pairing a lender who is most suitable for you and business.
• Documentation Preparation
  Documentation requirements vary depending on your circumstances. We'll guide you on what's needed for your specific situation and work with yourself and your accountant.
• Application & Assessment
  Before submission, we thoroughly assess your application to ensure we have genuine confidence in an approval. Drawing on our own commercial banking experience, we evaluate serviceability, the business and identify potential issues upfront - thus, only submitting applications we have completed due diligence on.
• Approval & Settlement
  Once approved, we co-ordinate with yourself, lenders, solicitors and conveyancers to finalise documentation and settle your purchase.

Structuring Beyond the Purchase Price

Buying a property related to your business is generally not a standalone purchase. At Laneer Finance Group, we help assist robust solutions which cover all lending requirements including:

• Faciliating lending for new equipment installation or upgrading existing machinery in the form of asset finance or chattel mortgage facilities.
• Provide lending options for fit-out costs including shelving and storage systems, cold storage facilities, production line setup, commercial kitchens, dining areas, retail displays, office fit outs, reception areas, amenities and operational infrastructure.
• Progressive drawdowns that release funds for relevant transactions involving construction or fit out.
• Additional credit facilities for working capital requirements upfront or ongoing.

Planning for total project costs - not just the property price - prevents cash flow strain during your move. Many Vietnamese Australian businesses find that combining property finance with asset finance provides flexibility without depleting cash reserves.

Why use a Broker?

Approaching a lender directly limits your options to a single institution's products and policies. As brokers serving the Vietnamese Australian business community, we provide:

1. Access to Multiple Lenders:
   We work with major banks, lenders and specialist commercial financiers. This competition often results in better rates and terms.

2. Cultural and Language Support:
   We communicate in both English and Vietnamese, ensuring nothing gets lost in translation. We understand the cultural considerations around family involvement, business decision making, and the long term committment Vietnamese business owners bring to their operational strategies.

3. Industry Knowledge
   We understand commercial and industrial property markets across different Australian territories and states and can identify lenders best suitable for your location and industry sector.

4. Tailored Solutions:
   Every business has unique requirements. We structure proposals that highlight your strengths and address potential lender concerns before they become issues, particularly around complex structures or family involvement that may be unfamiliar or difficult to understand for some lenders.

5. Application Management
   We handle documentation, communicate with lenders, and negotiate on your behalf - saving you time and reducing stress during what's already a significant business decision. we explain Australian lending requirements in context that makes sense to your business structure.

Making Your Move

Commercial property ownership offers substantial benefits: equity building, operational control, and potential income generation. For Vietnamese Australian businesses, it also represents a significant milestone - moving from employee to business owner, tenant to property owner or from modest beginnings to substantial operations.

The key is structuring finance that supports both your immediate purchase and long term business objectives whilst respecting the family dynamics, cultural values and business practices that have brought you to this point.

If you're ready to explore your options, please do not hesitate to book a consultation today - we'll assess your situation and guide you through the entire process with clear communication every step of the way.