Every growing business hits the same wall at some point. You need a second truck, a bigger machine, a new fit-out or a fleet refresh, and the quote lands with a number on it that would empty your account. Paying cash feels responsible, but it can leave you with an excellent asset and no working capital. Asset finance exists to…
If you have bought a house in New Zealand, you know roughly how the process works. You have a deposit, the bank checks your income, and you get a 30 year loan. Commercial property lending looks similar from the outside and behaves almost nothing like it. Different deposit levels, different loan terms, different assessment logic, and a set of questions…
Commercial Property Loans – How Lendal Mortgages Can Help How to Access Commercial Property Lending Commercial property lending is a great way to expand your business, purchase additional properties, or start a new venture. But understanding the process and knowing what to expect can be tricky. At Lendal Mortgages, we strive to make the commercial property lending process as…
Mortgage Advisors are invaluable in terms of presenting your financial position to the bank in the best possible light. Say you go to the bank direct and you let them know the reason you want funds for. The banker will nod and give you a shopping list of documents to collate to send to them. They will in turn submit…
This blog will hopefully give you some insight into the world of LVR. LVR stands for loan to value ratio. This determines how much the bank can lend on a specific type of property (subject to all other metrics being met). I will start with the most common property type- this being owner occupied residential property. Owner occupied residential property LVR…