Urgent Short Term Loans to Buy an Industrial Property or Warehouse
Buy the warehouse, factory or industrial unit your business needs, then refinance on your own timetable
Experts in strategic, short-term finance
Good industrial property often sells quickly, and sellers tend to choose the buyer who can settle fastest. If you have found the right warehouse, factory or industrial unit and the bank cannot meet the settlement date, we can fund the purchase in as little as 24 hours.
We lend to business owners buying their own premises and to investors buying tenanted industrial property across Australia. Loans run from $250,000 to $10 million, for 1 to 24 months.
When industrial buyers come to us
- •Your landlord has offered to sell you the premises you lease, and wants a quick answer
- •The bank will not lend on a building fitted out for one use, such as a cold store
- •You need to settle before your current premises have sold
- •The seller has offered a better price for a fast, unconditional settlement
- •Your business is growing, and the bank wants more trading history before it lends
Buying the premises you lease
Buying the building your business already operates from is one of the most common industrial purchases we fund. You know the property, you stop paying rent to a landlord, and you avoid the cost of moving. Landlords often want a fast, simple sale, and we can give you an answer within hours so you can agree terms before another buyer does.
What we can pay for
- •The purchase price of the warehouse, factory or industrial unit
- •The part of the price your bank will not lend
- •Stamp duty and settlement costs
- •Racking, a mezzanine floor or other fit-out after settlement
How long it takes
Day one. Send us the contract or the landlord's offer. An indicative offer follows within a few hours.
Inspection. Our in-house valuers inspect the property, usually within a day or two.
Letter of offer. We issue it as soon as you accept our terms, and work with your solicitor.
Settlement. From a signed letter of offer, settlement can take as little as 24 hours.
What to have ready
- •The contract of sale, or the landlord's written offer
- •The lease, if the property is tenanted or you are the tenant
- •Details of any other property you can offer as security
- •Your repayment plan, usually a bank loan or the sale of your current premises
Loans we use for industrial purchases
- •First mortgage: over the industrial property you are buying
- •Second mortgage: over your home or another property, to add to the purchase loan
- •Bridging loans: to settle before your existing premises have sold
- •Secured business loans: to fund the purchase and the move together
Terms for industrial property loans
| 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 |
| Maximum LVR | 70% of the lower of the assessed value and the purchase price |
| Security | A first mortgage over the industrial property, plus other property if you need a larger loan |
| Settlement | From 24 hours |
How industrial buyers repay us
Owner-occupiers usually refinance to a bank once the purchase has settled and their financial statements are ready. Investors refinance once a lease is signed or the property is revalued. Some repay us from the sale of their old premises. We agree the plan with you before settlement.
Business premises we have helped buy
“Many of the industrial purchases we fund are business owners buying the building they already work from. They know the property better than any valuer, and the landlord wants a quick sale. We can agree terms within hours, which often decides whether the owner gets the building or another buyer does.”
Gino Tabila
Associate Director
Frequently Asked Questions
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Are you a broker? Find out why brokers love working with us.
Case Studies
$400K Second Mortgage Repaid in Full After a Flexible Two-Month Extension
$1.8M First Mortgage Releases $980K of Working Capital for a Solar Business
$2.3M Second Mortgage Refinances an 18% Facility for a Glass Manufacturer
$800K Bridging Finance for Simultaneous Property Transactions in 48 Hours
$300K Second Mortgage for Dental Practice Working Capital in 5 Days
$700K Working Capital for a Technology Start-Up Settled in 72 Hours
$3M Working Capital for IT Business Expansion Settled in 2 Business Days
$1.9M Commercial Property Acquisition for Growing Doggy Daycare Business
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Are you a broker? Find out why brokers love working with us.
Other Urgent Loans We Fund
Each page covers one deadline: what we fund, what to send us and how quickly we can settle.