Property backed business loans - Sparrow Loans

Commercial property loans

Need funds fast?

  • From 6.5% p.a.
  • Risk-free
  • 100% online application
  • Approval in only 48 hours
  • NSW, VIC, QLD

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Sparrow Loans can help you manage your commercial property portfolio with our tailored commercial property loans.

Need to release equity from your commercial property? Or have you found a great investment opportunity?

Our commercial property loans are designed to give you flexibility when you need it most. The team at Sparrow Loans can have your commercial property loan approval generally within 48 hours. When you work with Sparrow Loans, we’ll review your loan commercial property loan documents and get approval for your loan at the most competitive interest rates. We have a different risk appetite, so we are happy to allow larger loan sizes and less restrictive terms.


The Sparrow Loans Advantage

A smooth experience from start to finish with super-fast turnaround times.

Buisness loans by Sparrow Loans

Responsiveness

We assess your application quickly and will come back to you within 2 business days.
Buisness loans by Sparrow Loans

Support

Whether you are a business borrower or a referral partner, you will have a dedicated relationship manager to help you through the application process.
Buisness loans by Sparrow Loans

Trust

We work hard to give you a smooth application process with clear requirements. You can be sure that our funds are ready to settle when your loan is approved.

Are you a small business owner needing extra working capital with no hidden fees, surprises or hassle?

To get started you need
An ABN or ACN | At least 12 months in business | Australian based

Commercial Property Loan Key Features

  • Approval within 2 business days
  • NSW, VIC & QLD Property accepted
  • Flexible Repayments available
  • Quick-release of funds
  • Interest Rates from 6.5% p.a.
  • Up to 75% LVR
  • No minimum term
  • No application or commitment fees

Our Commercial Property Loans

Are you thinking about restructuring your property portfolio?

Managing a property portfolio comes with unforeseeable challenges in the current market. The impact that Covid-19 had on Australian commercial property owners was severe with rent relief measures to stabilise the economy during the pandemic. With the market stabilising now, commercial landlords can decide how to best manage their property portfolio in light of the new “normal” and new investment opportunities. It is an excellent time to reconsider your debt obligations to restructure your commercial property loans with CapEx responsibilities looming.

Due to the uncertainty, property valuations fluctuated as the economy’s future was unpredictable, and this created a lot of anxiety for commercial landlords struggling with their bank debt LVRs.

If the banks are squeezing you in the aftermath of Covid-19 and the relief measures, we can help you refinance before your credit history is affected. As a private lender, we can approve your loan within 48 hours and settle within a few weeks.

You can use our commercial property loans to finance your CapEx as well. If you have any upgrades, renovations, fit-outs or non-structural improvements on the horizon, Sparrow Loans are ready to help.

Business Lifecycle Stages - a beginners guide
  • Our flexible repayment options

Managing your cash flow has never been more accessible with our capitalised facilities. We can structure a flexible repayment option based on the rent relief you negotiate with your commercial tenants. Whether you want to capitalise 100% or a portion of the interest costs, we can accommodate this within the loan facility. You can lean on your property portfolio with our commercial property loan to get you through the next 12 months while rental income regenerates back to its pre-Covid values.

  • Have you found a new property investment?

If you are a prime negotiator and have secured an offer on an investment property below the property’s market value, we can help you there too. We can lend against a current property valuation rather than the Contract Sale price. We do not penalise you for finding an excellent investment opportunity in this market. We can help you secure the property with a commercial property loan while establishing a rent history with any new or existing tenants before refinancing with a bank. We also consider service stations, pubs, motels and childcare facilities on a case-by-case basis.

  • Choose your loan term

Whether you need a loan for one month or 12 months, we give you the flexibility to choose your loan term. Your company must be at least 12 months old to access our commercial property loans. You must register for GST and domiciled in Australia with Australian directors. We lend against property located in New South Wales, Victoria and Queensland. We can consider property in metro locations up to 75% LVR and regional locations up to 65% LVR.

Apply in 3 easy steps for your Commercial Property Loan

Step 1

Buisness loans by Sparrow Loans
Complete our loan application form online – this takes about 5 minutes

Step 2

Buisness loans by Sparrow Loans
Get a Letter of Offer with our rates, fees & any additional information required to proceed to unconditional approval

Step 3

Buisness loans by Sparrow Loans
Receive your funds within 2 to 3 business days from unconditional approval
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Commercial Property Loan Requirements

  • Current ABN
  • Current Australian business address
  • Registered for GST
  • All directors and owners of the business to be Australia-based
  • Must be in business for at least 12 months
  • Property security
  • Loan Serviceability (if the interest is not capitalised within the loan facility)
  • Clear exit strategy

Commercial Property Loans FAQ’s

See some questions our lenders get asked all the time about commercial property loans. Have more questions? Call us anytime on 1800 254 374.

What happens if I can't make my repayments?

If there has been a downturn in your business or you find that you are unable to make one of your upcoming repayment obligations please call us at Sparrow Loans on 1800 258 374 and we will discuss alternative options available for you.

Can I make additional repayments off my commercial property loan?

To arrange an additional repayment on your commercial property loan, please contact Ulrika Lobo at Sparrow Loans on 1800 258 374.

What is a commercial real estate loan?

Investopedia defines a commercial property loan as a mortgage secured by a lien on commercial property as opposed to a residential property. In the case of Sparrow Loans, we can provide financing for any type of commercial real estate in Sydney, Melbourne or Brisbane such as a factory, warehouse, office space or any income-producing real estate that is used for business purposes including offices, retail, hotels, and apartments.

Do I need a property valuation?

Yes, you will require a valuation from a valuer that is on our panel. Please let us know if you have already obtained a valuation from another valuer prior to applying for a loan with us. If we are able to utilise your existing valuer, we will do so.

Will you lend to a business that is not registered for GST?

Your business will need to be registered for GST in order to be an acceptable borrowing entity with Sparrow Loans.

What is the minimum term of the commercial property loan?

You can choose your minimum loan term to match the length of time that you require the loan.

Do you lend against the property value or the valuation report?

We lend against the value of the property noted in the valuation report on an “As Is” basis as if the transaction were an arms-length transaction.

Have questions? Our friendly team is available on 1800 258 374  weekdays 9 am – 7 pm AEST