Loans
First mortgages
A commercial first mortgage gives your company or trust senior funding against property you're buying or already own — assessed on the asset and your exit rather than years of financials, so it can settle in days when a bank can't move in time.
Indicative only — subject to assessment. Placeholder figures.
How a commercial first mortgage works
A first mortgage sits in first registered position on your title — the senior security, and the loan repaid first if the property is ever sold. Because it holds that position, funding is assessed on the property and your exit rather than years of trading history, which is what lets it move faster than a bank. Loans are usually interest-only over a short horizon, structured around a clear exit from day one: a sale, a refinance to a bank once the file is clean, or a lease-up that lifts the property’s value and opens cheaper long-term funding. Security can be commercial, industrial or retail property — and, on a business-purpose basis, residential or rural property held by a company or trust.
What it’s typically used for
The job is usually one of four: buying commercial premises when the bank is too slow or won’t fund the asset class; refinancing a facility that’s maturing or has already expired; releasing equity from a property your company or trust already owns, on senior terms; or settling a purchase to a deadline while longer-term funding is arranged behind it. The common thread is a good asset and a genuine exit — a first mortgage here is a short, deliberate facility, not a permanent debt you carry for decades.
What we’ll need
To give you indicative terms we need three things: the property and its rough value, the amount you’re after, and how the loan gets repaid. It’s light to start — enough to confirm the security, the position on title, and that the exit is realistic. Where a bank would want full historical financials, low-doc options exist, because the assessment leads with the asset rather than your tax returns. Indicative terms come back fast; firm terms follow a full assessment, and all figures are subject to it.
- Companies or trusts buying or refinancing commercial property a bank won't fund in time
- Asset-rich borrowers without current full financials who can show a clear exit
- Time-critical purchases or maturing facilities with a sale, refinance or lease-up exit
- Owner-occupier consumer borrowers (business-purpose only)
- Anyone needing a 25–30 year term at the lowest possible bank rate
- Borrowers without a realistic repayment or refinance exit
How it compares
FAQ
Can you fund faster than a bank?
Often, yes — with the asset and a clear exit, a first mortgage can settle in days rather than the four to eight weeks a bank commercial loan usually takes. Subject to assessment.
Do you need full financials?
Not always. The assessment leads with the property and the exit, so low-doc options exist where a bank would want full historical financials — subject to assessment.
What can it be secured against?
Commercial, industrial and retail property — and, on a business-purpose basis, residential or rural property held by your company or trust.
Is this consumer lending?
No. This is business-purpose lending to companies and trusts only, not regulated consumer credit.
Fund or refinance your commercial property.
The amount, the asset and the timeframe. We’ll review and come back to you fast.
You deal with us start to finish.
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