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Whether you are buying commercial property, expanding your business, or looking to refinance an existing deal, Garage Finance is here to help you find the right commercial loan for your situation. As your commercial Finance and Mortgage Broker, we work with a wide panel of banks and lenders across Australia to match you with commercial finance options that actually suit what you are trying to achieve.
What Is a Commercial Loan?
A commercial loan is a type of finance used to purchase, develop, or refinance property or assets that are used for business purposes. This covers everything from buying an office building or warehouse to acquiring industrial land or funding a commercial construction project. Unlike residential lending, commercial property finance involves a different set of rules, lenders, and structures, which is why having a broker in your corner makes a real difference.
At Garage Finance, we help clients across Australia access commercial loan options that range from secured commercial loans, where the property or asset is used as collateral, to unsecured commercial loans for businesses that may not have physical assets to put up. The right structure depends on your goals, your financials, and the type of property or project involved.
Types of Commercial Finance We Can Help With
Garage Finance works across a broad range of commercial lending scenarios. Here is a look at some of the most common ones we help clients with.
A commercial mortgage is one of the most common forms of business property finance. If you are buying commercial property, whether that is a retail space, an office building, or a strata title commercial unit, a commercial mortgage is typically the loan structure used to fund the purchase. Commercial interest rates on these loans can be either a variable interest rate or a fixed interest rate depending on the lender and your preferences.
For businesses looking to build from the ground up, a commercial construction loan provides funding in stages as the build progresses. This is often referred to as a progressive drawdown structure, where funds are released at key milestones rather than all at once. Commercial development finance works in a similar way for larger-scale projects.
If you need short-term funding to bridge a gap, for example while waiting for a sale to settle or securing longer-term finance, commercial bridging finance can be a practical option. It is designed to be a temporary solution while you sort out your longer-term commercial property loan.
For businesses looking to free up equity or get onto a better deal, a commercial refinance allows you to restructure your existing commercial loan. This might mean accessing a lower commercial interest rate, unlocking equity for growth, or moving to more flexible repayment options that suit your cash flow better.
If you are looking to buy an industrial property, fund warehouse financing, or support land acquisition for a future development, Garage Finance can help you explore the right loan structure. We also assist with retail property finance and industrial property loans, covering a wide range of asset types across the commercial sector.
Understanding Commercial LVR and Loan Structure
One thing that catches a lot of people off guard with commercial property investment is the commercial LVR, or loan-to-value ratio. Lenders typically lend a lower percentage of the property value for commercial real estate financing compared to residential lending. This means you generally need a larger deposit or more equity in the deal. A commercial property valuation is also a key part of the process, as lenders will assess the value of the asset before confirming the loan amount.
The loan structure you choose matters too. Options like a revolving line of credit give businesses ongoing access to funds up to a set limit, which can be useful for managing cash flow or funding ongoing projects. Mezzanine financing is another option sometimes used in development scenarios, sitting between senior debt and equity to help bridge funding gaps.
For businesses that need equipment as part of their growth plans, whether that is buying new equipment or upgrading existing equipment, Garage Finance can also point you toward our equipment finance and asset finance services, which may complement your commercial lending strategy.
Why Work With Garage Finance?
Garage Finance is not your average broker. We are a hands-on, genuinely personal team that takes the time to understand your business and what you are trying to do. We access commercial loan options from banks and lenders across Australia, which means we are not locked into one lender's products. We look at the full picture, including your business structure, income, the type of property involved, and your long-term goals, before recommending a direction.
We work with clients on everything from pre-settlement finance to larger commercial development finance projects. If you are an expanding business looking for business property finance, or an investor wanting to grow a commercial property portfolio, Garage Finance has the connections and the know-how to help you explore your options. You can also check out our business loans and cashflow solutions pages if you are looking at broader business finance needs alongside your commercial property goals.
Step 1: Initial Conversation
We start with a chat. Whether you reach out by phone, email, or through our website, we take the time to understand what you are looking for. There are no silly questions here. We want to know your goals, your timeline, and what matters most to you.
Step 2: Understanding Your Situation
Next, we take a closer look at your financial position. This includes your income, expenses, assets, and liabilities. The more we understand about your situation, the better we can match you with the right finance solution.
Step 3: Exploring Your Options
With access to a wide panel of lenders across Australia, we do the legwork for you. We compare products, rates, and terms to find options that suit your needs and your budget. We present these to you clearly so you can make an informed decision.
Step 4: Choosing the Right Solution
Once you have reviewed your options, we help you choose the product that makes the most sense for you. We walk you through the details so you know exactly what you are signing up for.
Step 5: Preparing and Submitting Your Application
We handle the paperwork. Our team prepares your application carefully and submits it to the chosen lender on your behalf. We make sure everything is in order to give your application the best possible chance of approval.
Step 6: Approval and Confirmation
Once your application is assessed, we keep you updated every step of the way. When approval comes through, we go over the final terms with you and confirm you are happy before anything is signed.
Step 7: Settlement and Beyond
With everything approved and signed, we manage the settlement process through to completion. But our relationship does not end there. We are here for your future finance needs too, whether that is a review, a refinance, or something new down the track.
I had such a great experience working with Ben and couldn’t recommend him more. From the beginning, Ben made the finance process feel clear and straightforward, always taking the time to explain things and answer any questions I had. Ben was super approachable and incredibly supportive through the whole process. Couldn’t have asked for a better finance broker! Thanks heaps, Ben!!!
Azizah Abdul
Was doom scrolling on TikTok and came across Ben’s page! I was in the market for a new raptor for work- I reached out to Ben and within 4 days Ben turned it around and got it sorted. Super happy with the service and communication skills of Ben! I’ll be back for my next car for sure!
Ash Fleming
I had a great experience working with Ben. He was professional, responsive and took time to explain everything clearly throughout the entire process. He worked hard to find me a competitive finance option and kept me updated every step of the way. Nothing ever felt like too much trouble, and I really appreciated his honesty and communication. I highly recommend him to anyone looking for a reliable and trustworthy broker. Thanks again for all your help Ben appreciate it a lot
Nima Goozal
Ben was an absolute pleasure to deal with! He made the whole car loan process easy, kept me updated every step of the way, and was always happy to help. Thanks so much, I really appreciate everything you did!
Jen Arks
If you are thinking about a commercial property loan, a commercial refinance, or any kind of commercial finance, Garage Finance is ready to have a real conversation about your options. Book an appointment today and let us help you find the right path forward.
Book AppointmentGarage Finance works with clients right across Australia, whether you are an individual looking to purchase a personal vehicle, a sole trader needing equipment for your business, or a company looking to grow your fleet. We work with a wide range of people in different financial situations. While we cannot guarantee that every application will be approved, we take the time to understand your circumstances before submitting anything to a lender. That way, we are putting your application forward in the strongest possible way. If you are unsure whether you qualify, the best thing to do is reach out to us for a chat and we can talk through your options together.
The timeline can vary depending on the lender, the type of finance, and how quickly we can gather the information needed from you. In many cases, once we have everything we need, we can submit your application to a lender and receive a response within a business day or two. More complex applications, such as those involving self-employed income or commercial assets, may take a little longer. The key to keeping things moving is making sure we have all your supporting documents ready to go. We will let you know exactly what we need upfront so there are no unnecessary delays. Throughout the process, we keep you updated so you always know where things stand.
Garage Finance specialises in vehicle and asset finance. This can include finance for cars, utes, trucks, motorbikes, caravans, boats, trailers, and business equipment. Whether you are buying new or used, through a dealership or privately, we can look at what options may be available to you. We also assist with business-related finance such as chattel mortgages, commercial hire purchase, and finance leases, depending on what suits your situation. Because every person and every purchase is different, we take the time to talk through what you are buying and why, so we can approach the right lenders with the right type of finance product for your needs.
The documents required will depend on your individual situation and the type of finance you are applying for. For most personal vehicle finance applications, you will typically need to provide proof of identity such as a drivers licence, proof of income such as recent payslips or bank statements, and details about the asset you are purchasing. If you are applying for business finance, we may also need things like business financial statements, tax returns, or an ABN. We will give you a clear list of what is needed once we understand your situation, so you are not left guessing. Gathering these documents early can help speed things along considerably.
This is a question we get asked a lot, and it is a fair one. As a finance broker, Garage Finance is typically paid a commission by the lender when a loan is settled. This means that in many cases, there is no direct fee charged to you as the client for our broking service. However, depending on your individual situation, fees may apply, and we will always be upfront and transparent about any costs before you commit to anything. We believe you should have a clear picture of what you are agreeing to before signing anything. If you have questions about costs, just ask us and we will walk you through it honestly.
Absolutely. Protecting your personal and financial information is something we take seriously. Garage Finance handles your data in accordance with Australian privacy laws, including the Privacy Act 1988. We only share your information with lenders and third parties where it is necessary to process your application, and we do so with your knowledge and consent. We do not sell your information or share it for marketing purposes without your permission. If you have any questions about how we collect, store, or use your information, you are welcome to ask us directly or request a copy of our privacy policy. We want you to feel confident that your information is in safe hands.
When you go directly to your bank, you are only seeing what that one lender has to offer. Garage Finance has access to a panel of lenders, which means we can approach multiple lenders on your behalf and compare what they are willing to offer. This saves you time and means you are not limited to a single set of products or policies. Banks also tend to have rigid criteria, and if your situation does not fit neatly into their box, you may be declined without much explanation. As a broker, we understand how different lenders assess applications, and we can help present your situation in a way that gives you a stronger chance of a positive outcome.
Garage Finance is a finance broker based in Australia. That means we work as the go-between connecting you with lenders who may be able to help fund your next vehicle, equipment, or asset purchase. Rather than you spending hours calling banks and lenders on your own, we do that legwork for you. We look at your situation, talk through what you are trying to achieve, and then approach lenders from our panel to find options that suit your needs. We handle the paperwork, the back-and-forth with lenders, and keep you informed along the way. Our goal is to make the whole process feel manageable and straightforward for you.
Getting started is straightforward. You can reach out to us by phone, email, or through our website, whichever suits you. One of our team members will have an initial conversation with you to understand what you are looking to purchase and what your situation looks like. From there, we will let you know what documents we need and begin looking at which lenders on our panel may be a good fit for you. There is no pressure and no obligation in having that first conversation. We are here to give you the information you need to make an informed decision, and we will support you through every step of the process from start to settlement.
Having credit issues in your history does not automatically mean you cannot access finance. Different lenders have different policies, and some are more willing than others to work with applicants who have had defaults, missed payments, or other credit challenges in the past. At Garage Finance, we take the time to understand your full situation before approaching any lender. We will be honest with you about what we think is realistic based on your circumstances. We do not want to waste your time or damage your credit file by submitting applications that are unlikely to succeed. Our job is to find a path that makes sense for where you are right now.