Commercial Finance
What is Police & Nurses Commercial Finance?
Police & Nurses does not only provide finance to individual borrowers. We also assess loans secured against commercial, industrial, retail and residential properties.
Our Commercial Finance Managers are qualified and experienced in the areas of construction, development and investment lending in the local property market. Working closely with you, we can assist with your specific finance requirements.
| Property Finance Options |
|
| Loan Type |
Features |
Purpose |
| Interest Only |
- Interest only repayments
- Fixed or variable interest rate
- Max 5yr term
|
- Purchase of a business or any asset for a business, or funding to assist with carry on requirements of a business
- Purchase of a non residential building
- Purchase of land for construction of a non residential development
- Purchase of land and/or construction of three or more residential units
- Purchase land for future sub division
- Repayment of shareholder/partner loans
|
| Principal and Interest |
- Fixed or variable interest rate
- Max 15yr term
|
- As above (applies to both Interest Only and Principal and Interest Loans)
|
| Interest Capitalised |
- Variable interest rate only
- Max 3yr term
|
- Purchase of land for construction of a non residential development
- Purchase of land and/or construct three or more residential units
- Purchase of englobo land for future sub division
- Repayment of shareholder/partner loans
|
Who can borrow?
Police & Nurses Commercial Finance options are available for:
- Individuals
- Partnership
- Company (in its own right and as trustee)
- Joint Venture arrangement
- Combinations of the above borrowers