Urgent Short Term Finance for the GST on a Commercial Property Purchase

Pay the GST at settlement, and repay us when the ATO refunds it through your BAS

Experts in strategic, short-term finance

Rated 5 out of 5Jason V

Hands down, the best private lenders in the biz
Gino, Alec and Finn are exceptional at what they do. Top tier communication and transparent service.

Rated 5 out of 5Rhowell Dela Rosa

Every settlement has been smooth
Gino and the team at Secured Lending are our go-to when a deal needs to move fast or fall outside bank criteria.

Rated 5 out of 5Rory Mcgrath

Always my top choice for nearly all private lending scenarios
I run and operate a private lending brokerage and have worked with Mark and the team for years.

Rated 5 out of 5Luke Egan

Speed to market on lending advances second to none
The owner is also one of best commentators on LinkedIn calling out poor lending and recovery practices.

Rated 5 out of 5amal maharaj

True professionals in the non bank lending space
Straight forward application and assessment process with clear communication till loan settlement.

Rated 5 out of 5Sam Algeri

Excellent service, quick approvals and seamless settlements
The team at Secured Lending, particularly Gino and Finn, are fantastic to work with.

Rated 5 out of 5sebastian wright

Speed, reliability, transparency
Exceptional team. Exceptional Service. Loved working with the team at Secured Lending.

Rated 5 out of 5Jordan Thomas

Gino & Finn are the best in the business
Quick and painless to deal with, keep up the great work SL team!

Rated 5 out of 5Wayne McCarthy

Always willing to think outside the box to get deals done
We've had a great experience working with Secured Lending.

Rated 5 out of 5JP G

Quick, responsive and reasonable
With all the shady characters in the private lending market, its refreshing to find good people to deal with.

Rated 5 out of 5Joel Togo

Always thorough on assessment and will give you a prompt answer
With clients that are in time sensitive situations, this is crucial.

Rated 5 out of 5David Pruscino

Always professional and supportive
It's a pleasure dealing with the Secured team.

Rated 5 out of 5Monica Monsigneur

A professional and common sense lender who delivers

Rated 5 out of 5Thomas de Fegely

Great options in the private space
Have been dealing with Finn from Secured Lending, he has been very responsive.

Rated 5 out of 5Andrew Soo

A very reliable funding partner
Highly recommended.

Rated 5 out of 5Phil Boyle

Very efficient, responsive
Finn was a great help to assist in a very timely manner.

Finance within

24 hours

Loans from

$250k to $10M

Rates from

9.7% p.a.

Terms

1 to 24 months

When you buy commercial property that is not GST-free, the GST is added to the price and is due at settlement. On a $5 million purchase that is $500,000, and many banks lend only on the price before GST. If your business is registered for GST, you can usually claim it back, and we can fund it until the refund arrives.

The loan is short, often one to three months, and is repaid from the GST credit on your next business activity statement. We fund GST for businesses and investors buying commercial and industrial property across Australia.

When GST becomes a problem at settlement

•The contract says plus GST, and your bank has approved a loan on the GST-exclusive price only
•The purchase was expected to be GST-free as a going concern, but the lease ends before settlement
•You are buying vacant commercial property, which is not usually a going concern
•You are buying new commercial premises from a developer
•Your cash is committed to the deposit and stamp duty

How GST refunds work

If your business is registered for GST and buys the property for its business or investment, you can usually claim the GST back as a credit on your next business activity statement. The ATO then pays the refund. Some buyers switch to monthly reporting so the refund arrives sooner. Your accountant can confirm the GST treatment of your purchase and the best timing for your BAS.

What the GST loan covers

•The GST payable to the seller at settlement
•Stamp duty and settlement costs
•The purchase price as well, if your bank is not ready

Timing the loan with your BAS

Before settlement. Send us the contract and your settlement date. We set out an indicative offer within hours.
Valuation. Our in-house valuers assess the property you are offering as security.
Settlement. We fund the GST at settlement, in as little as 24 hours from a signed letter of offer.
Repayment. You lodge your BAS claiming the GST credit, and the refund repays our loan.

Information for a GST loan

•The contract of sale, showing the price and the GST terms
•Confirmation that your business is registered for GST
•Your accountant's view on when the GST credit will be claimed
•Details of the property you can offer as security

Loans that can pay the GST

•Bridging loans: short term funding repaid when your BAS refund arrives
•Second mortgage: over the property you are buying or another property you own
•Caveat loans: fast funding secured by a caveat on a property you own
•First mortgage: if we fund the whole purchase, including the GST

GST loan terms

Loan feature	Detail
Loan size	$250,000 to $10,000,000
Interest rate	From 9.7% p.a. on a first mortgage, from 11.95% p.a. on a second mortgage
Term	1 to 24 months, interest only. Most GST loans run for 1 to 3 months
Maximum LVR	70% across the property we hold as security, including existing mortgages
Security	A first or second mortgage, or a caveat, over residential, commercial or industrial property
Settlement	From 24 hours

Repaying from the GST refund

The GST credit on your BAS is the usual repayment. Because the ATO may review a large refund before paying it, we set the term with time to spare. If you are also waiting for a bank refinance of the purchase, the two can be repaid together.

“The GST on a commercial purchase can be a large amount, and banks usually lend only on the price before GST. The buyer is owed that money back through the BAS, so the loan has a clear repayment date. That makes it one of the more straightforward short term loans we write, and we can usually settle it quickly.”

Gino Tabila

Associate Director

Frequently Asked Questions

It depends on the contract and the property. A leased property sold as a going concern is usually GST-free, while vacant and new commercial property is usually taxable. Your accountant or solicitor should confirm the GST treatment before you exchange.

Many refunds are paid within a few weeks of lodging the BAS, but a large refund can be held for review. That is why we set the loan term with time to spare. Lodging your BAS promptly after settlement is the best way to speed it up.

If the conditions for a going concern are not met, GST may be payable when you expected it not to be. Contracts usually deal with this, and your solicitor can explain yours. We can fund the GST quickly if it becomes payable at or close to settlement.

Our loans start at $250,000, which means GST on a purchase of about $2.5 million or more. For a smaller amount, we may be able to fund the GST as part of a larger loan on the purchase. Otherwise your bank may be the better option.

To claim the GST back, the buyer generally needs to be registered for GST and buying the property for its business or investment. If you are not registered, the GST is part of your cost, and the loan would need a different repayment plan.

Next week is achievable, and same-day funding is possible depending on your scenario. Because the loan has a clear repayment date from your BAS refund, the assessment is usually straightforward.

Yes. If paying the GST and stamp duty has drawn down your working capital, we can also fund stock, staff or supplier payments. We lend to manufacturing, wholesale, retail and other businesses buying commercial premises.

Yes. If your bank is not ready, we can fund the purchase and the GST together with a first mortgage over the property, up to 70% of the lower of its value and the price. You then refinance the purchase to a bank and repay the GST part from your BAS refund.