Commercial Services
“While we have access to all major Australian commercial lenders, we have all of your Commercial and Development needs covered. As YCLS is authorised under its own Australian Credit License (ACL 511454), we have access to not only the major banks and second tier lenders, but to over 100 private lenders. It is worth noting that “Non major Bank commercial lending” is one of the fasted growing demographics in the lending industry. We have assisted numerous clients purchase commercial property and construct development sites, when the banks have said no.
We have also being able to assist landowners by introducing them to investors, so a Joint Venture can be forged to get a development out of the ground, where this could not of happened without YCLS. In many examples presales were not required.
Commercial loans are normally between 1 and 20 years in loan term and the lenders are more flexible, in relation to income verification.”
Commercial Finance
With residential becoming more heavily regulated, many property purchasers have diverted their attention to Commercial Property. Borrowing can be more flexible and returns can be greater in this sector of property investment.
Our commercial loan products suit both PAYG and self-employed applicants looking to purchase, refinance or access equity using commercial property. Our commercial mortgage products cater for both full document (income verification by way of tax returns & financial statements required) and low doc commercially secured loans to suit self-employed applicants without up to date financial documents. Adverse credit histories are also considered on a case by case basis. Acceptable security can include many different types of commercial security including; retail shops, offices and light industrial warehouses.
Our experienced methods of sourcing market leading commercial mortgages, combined with our flexible & personal approach makes applying for commercial mortgage finance simple.
Talk to Gary Lees, our commercial lending manager today and see how he can assist you finance your commercial property.
Development Finance
Our flexible development finance is highly sought after by small to medium sized developers seeking simple cost effective development finance for multi dwelling construction projects.
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Our property development finance facilities can accommodate a range of needs without the traditional bank requirement for significant pre-sale debt coverage allowing you to save time and marketing costs by bringing your project to life more quickly.
YCLS also access to equity partners, which may be required to “get the building out of the ground”.
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The YCLS team have funded many development sites, with the “sweet spot” being between $2M and $20M sites.
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Talk to Gary Lees, our development finance manager today for an individual discussion about your project today.
*Based on the last 300 YCLS clients