Often the cheapest, if your business and paperwork are strong.
Good if your numbers are solid01 · Where you are
Every month, the rent
goes to someone else.
Sound familiar?
Rent keeps going upEvery year the rent climbs, and none of it comes back to you.
You want a place that’s yoursYou’re sick of asking the landlord before you change anything.
You’ve outgrown your spaceThe business needs a bigger spot, and buying makes more sense than renting.
You want to investYou’d like your business or super fund to own a property that earns rent.
02 · When is the right time?
A loan isn’t always the answer.
Here’s when it makes sense.
✓ Good times to do it
Your rent is about the same as a loan paymentWhy: If you’d pay a similar amount each month, it can make more sense to pay off your own place.
You plan to stay a long timeWhy: Buying costs money up front. It pays off best when you stay for years.
You have savings or equityWhy: Lenders usually want a bigger deposit for business property than for a house.
The business is steadyWhy: Regular income makes it easier to get the loan and keep up the payments.
✕ Maybe wait if…
You might move soonWhy: If you could outgrow the place in a year or two, renting may be easier.
You’d use all your cash for the depositWhy: Keep some money aside for the business. Emptying the bank is risky.
Income is up and down right nowWhy: It can be better to wait until things are steadier.
Not sure which one you are? We’ll look at it with you, for free.
03 · How it works
Three steps to
the keys.
- 1Tell us about the property
Where it is, the price, and what you have for a deposit.
YouRenting - 2We find a lender
Bank, non-bank or private. We find the one that likes your property and your business.
YouRenting - 3You get the keys
The loan settles and the place is yours. Your payments build something you own.
YouOwner ✓SETTLED
04 · Your options
Pick the way
that fits you.
More flexible about how you show your income and what kind of property it is.
Good if it’s a bit unusualYour SMSF can sometimes buy the property your business uses.
Good if you have an SMSFWhat lenders will ask about
Details of the property and the price✓
How much you have for a deposit✓
Your ABN and how long you’ve traded✓
Recent financials or BAS✓
Any lease if it has tenants✓
Every lender is a bit different. We’ll tell you exactly what yours needs.
Good to know
Business property usually needs a bigger deposit than a house.
The property value and any lease matter a lot to lenders.
Buying through super has special rules. Get advice from your accountant.
We only help with property for business, not your own home.
05 · Let’s do it
Tell us your plan.
New job No credit check
Business finance only. ABN required.
…home base.
Questions people ask.
How much deposit do I need?
Usually more than for a house. It depends on the lender, the property and whether you’ll use it yourself.
Can my super fund buy it?
Sometimes, yes. There are special rules, so talk to your accountant too.
Does it matter if it has tenants?
Yes. A good tenant on a long lease can make lenders more comfortable.
Can I refinance a property I already own?
Yes. You might get a better deal or free up money for the business.
Can you help me buy a house?
No. We only help with property for businesses, through an ABN.