Commercial Loan
For clients purchasing commercial security or re-financing, cash out for a verified purpose. Acceptable securities are shops, offices, medical, factories, warehouse & mixed use.
make it
your best year
Key features of the MKM Commercial loan

Loan Settings
- Rates from 4.80%
- Full Doc, Flexi Doc and Lease Doc
- Security (Cat 1 & Cat 2) <70% LVR – Offices, Shops, Medical, Factories, Warehouses, Mixed use
- We pay a 0.7% upfront commission with a 0.2% trail

Other features
-
No Clawback
-
Cash out upto $200k (verified purpose)
-
No Annual Reviews
-
ABN >6 months

Applicants
- ABN & GST registered >6 months
- Defaults >2 years ignored
- New defaults <$5,000 considered
What our Commercial customers are saying
Product Summary
Credit impairment
< $500 telco & utility defaults ignored events
> 2 years ignored paid or unpaid
ABN & GST
Registered > 6 months
Maximum LVR
Borrow up to 70% of the property’s value
Maximum amount
$1,500,000
Maximum term
25 years (subject to expected retirement age)
Minimum term
5 years
Interest structure
Principal & Interest OR Interest Only. Additional terms and conditions apply to Interest Only loans.
Repayment frequency
Weekly, fortnightly or monthly (Interest only is monthly)
Extra payments
Permitted

Ready to take the next step?
One of our Business Development Managers will be happy to speak with you to find a solution that best suits your needs.