Business & Commercial Loans

Get the Loan Solutions You Need with N1 Business Lending and Commercial Property Loans

At N1 Business Lending, we understand how SMEs have to work doubly hard to stay ahead, sustain their business and achieve significant growth. We make it a point not only to offer financing solutions that are ideal for SMEs but also make sure that our process takes into consideration their time and resources.

We value our clients more than anything, and following our simple 5-step process they never have to question what to fill out, what requirements to procure or what steps they need to take next. Our entire process is laid out in an orderly fashion to eliminate all confusion and ensure our clients’ needs are fully met.

 

Recent Deals Done in Development Finance and Commercial Loans

  1. Bella Vista 12 townhouses construction loan build-to-rent $4,140,000

  2. Sydney west 16 units apartments construction loan $5,595,000

  3. West Ryde 10 apartments build to rent construction loan $3,130,000 

  4. Peakhurst 9 townhouses residual stock funding/financing $3,200,000

  5. Newcastle 12 townhouses construction loan $6,480,000

  6. Central Coast 9 units of apartments with presales construction loan $4,400,000

  7. Purchase of Motel Sydney south $1,200,000

  8. Paramatta 16 apartments residual stock financing $5,000,000

  9. ​Newcastle 4 townhouses construction loan $1,900,000

  10. Killara Duplex construction loan - $4,000,000

  11. Sylvania development site – land loan $1,250,000

  12. Burwood commercial property purchase loan $2,980,000

  13. Waterloo commercial property refinance loan $1,300,000

  14. Pinjarra commercial property refinance loan $4,935,000

  15. Cooper Plain petrol station purchase loan $1,650,000

  16. Campsie construction loan $1,610,000

  17. Maroubra construction loan – construction last stage -$450,000

  18. Rural land purchase in Wilberforce NSW for farm production $1,000,000 

  19. Mascot commercial office loan $600,000

  20. Debtor Finance $8,000,000 for a large hospitality group via a major bank 

Email our team of commercial lending and development finance specialists to find out more:

sarahli@n1loans.com.au

mickye@n1loans.com.au

vincentyao@n1loans.com.au

Non-bank Lending Development Loans

Q1: Why non-bank lenders instead of major banks that has better rates?

N1: Property developers understands flexibility is the deciding factor when going with non-bank lender in project development funding. Lending criteria, tenure, and other conditions for instance drawdown schedule, drawdown conditions, etc are customized to projects.

Q2: What is pre-sales requirement?

N1: Banks usually has a certain level of debt coverage by pre-sales requirement, at times can be 100% of debt level or more as loan drawdown condition. This can be challenging for certain projects especially during difficult times. Non-bank lenders however can be flexible, some require as low as 60% or even no pre-sales requirement, subject to pricing.

Q3: How much can non-bank fund a project?

N1: There are various ways to look at this, either up to 70% of Total Development Cost (including soft cost and land cost) or 65% of As-if-complete net realisation. Net realisation would be the realized value net of GST and project marketing fee for instance agent fees.

Q4: How long does it take to obtain non-bank lending approval?

N1: Subject to the scale of projects and availability of documents, it can be a few weeks for non-bank lenders to grant approval.

Q5: Any requirements on builders?

N1: Yes, all lenders including banks and non-banks look at builders qualifications as a critical factor for the success of a project. Some factors lenders look at includes:

  • Builders past projects experience

  • Project manager resume

  • Pipeline projects in coming months/years

  • Cashflow of builders

  • Preferably past three years financial health

  • Past 12mth builder ATO portal record

  • Past 12mth banks record and Profit & Loss

Q6: Why developers need to have a QS Report? (Quantity Survey)

N1: QS Report is essential and mandatory exercise to accurately gauge the cost of building. The QS report serves as an important benchmark or reference to builders' bids and contract. Lenders will usually require an independent QS report, and may appoint their own preferred QS provider to more accurately estimate the cost. The independent QS report is one of the ultimate guidance to loan amount.

Q7: Why developers need independent valuation report?

N1: Just like QS report, an independent valuation report is critical for lenders to gauge how much to lender, to estimate the Gross Realized Value of the whole project. While QS gauges the cost of building, Valuation report gauges market elements that affect the value of the project, including the value of land and individual lots of the development.

Q8: Is independent Project Manager (PM) critical?

N1: Yes. All lenders including banks and non-banks treat the experience of a project manager very critical. The function of a capable PM doesn't just make sure the site and construction progress smoothly, also ensures costs is within control, and strict adhere to the project building cycle. Ultimately to avoid the blowout of cost and time that will be of detrimental effect to the overall feasibility of the property development project.

Feel free to email renwong@n1holdings.com.au or mickye@n1holdings.com.au to discuss

Commercial Property Loans

N1 helps borrowers to navigate the complexity of applying for a commercial property loans, and avoid lenders’ traps of finding excuses to charge commercial property investors.

 

Commercial property loans are much more complicated than residential property loans (home loans), with numerous hidden clauses, fees and charges applicable. 

 

We are among the Australia Top 10 Business Loans Writer, that gives you peace of mind when it comes to commercial property investments. 

 

Unsecured Business Loans

 

Burgeoning fintech lenders industry in the market is making choosing a helpful unsecured business lender a daunting task. Unsecured business lenders normally lend from $5,000 to $150,000 to operating businesses without having the need to mortgage your property, with a term up to two years.

 

Buying a Business and funding business startup

 

There at a number of different ways to access funding for entrepreneurs, both via debt and equity financing. 

 

N1 is able to source unsecured or secured (mortgages with property to maximise borrowing and reduce costs) business loans for aspiring entrepreneurs. 

 

We have helped Australian businesses acquire other businesses, and aspiring entrepreneurs kickstart their journey into starting a successful business. 

Leading short term private lender in Australia

Short term finance is a growth industry that has seen an increase in demand globally, and Australia is no exception. It is because of this demand that N1 Business Lending has become a leading provider of private finance loans and short term business loans in Australia.

 

The company consistently delivers flexible solutions with best-in-market rates and swift and compliant loan processing. Brokers, Accountants & Financial Planners rely on our private short term finance solutions to assist their clients in bypassing cash flow issues, securing new equipment and financing expansions. We’ve helped numerous clients achieve their business goals while avoiding financial issues with ease. 

​With all of our short term loans offerings, clients are assured of the best and most secure financial assistance. We strive to deliver a seamless, reputable and beneficial loan experience for both borrower and referrer.

Flexible Short Term Business Loans

Our private business loans cater to a number of different financing needs. Our clients use our loans for:

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  • Working capital (purchase stock, increase sales)

  • Expand current business

  • Business credit cards

  • Equipment acquisition

  • Maintenance or upgrade of existing systems or equipment

  • R&D or the purchase of IP

  • Acquisition of additional business

  • Starting up an additional business

  • Trade Finance

  • Purchase of premises

  • Refinancing

  • Equity release, reimburse owner’s funds

  • ATO liability

  • Employee wages & super

  • Payout business partners

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Home loans and other credit services are provided by Credit Representatives of N1 Loans Pty Ltd ABN 36 142 259 854, Australian Credit License Number 473016. Fund management services are provided by N1 Venture Pty Ltd ABN 83 602 937 851, Australian Financial Services Licence Number 477879.

 

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