Are you looking to purchase a commercial property as an investment or perhaps for your own business?
The criterions for commercial finance are vastly different to consumer/residential lending and also differ considerably whether it is for your own business or as an investment.
Commercial interest rates and fees are also usually higher than residential lending as commercial finance is seen to be a higher risk. In order to obtain the most attractive rate and fee structure a broker can be extremely useful as we are advised of any current specials offered by lenders and also have the ability to request special pricing.
If you are considering buying commercial property it is imperative to seek finance advice before making any offers so that you can be confident of your position and fully aware of the higher associated costs.