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Full Doc Commercial

Property-secured commercial term loans for businesses and investors. No application fee. No clawback. Loan terms from 3 to 30 years.

Overview

Better Choice’s Commercial Term Loan (Full Doc) provides property-secured lending for businesses and investors across a wide range of commercial purposes — from purchasing or refinancing commercial premises to releasing equity for business growth or investment.

With no application fee (currently waived), interest only periods up to 5 years, loan terms from 3 to 30 years, and a maximum LVR of 80%, our commercial full doc product supports clients who need flexibility and certainty in their commercial lending.

Better Choice does not clawback commissions on any commercial loan — giving brokers the confidence to place commercial scenarios knowing their income is protected. Debt service coverage is assessed at a minimum of 1.15x under the DSCR method.

Features

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No application fee

Application fees are currently waived across all Better Choice commercial products — a significant saving for your clients.
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No clawback

Better Choice does not clawback broker commissions on commercial loans, regardless of when the loan repays.
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Up to 80% LVR

Maximum LVR of 80% for Category 1 postcodes. Maximum loan $5m Cat 1, $3m Cat 2, $1.5m Cat 3 at up to 70% LVR.
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Loan terms 3 to 30 years

Flexible loan terms from 3 to 30 years to match your client's commercial strategy and cash flow.
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Interest only up to 5 years

IO periods up to 5 years available, supporting commercial investment strategies and cash flow management.
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Wide acceptable security range

Retail, offices, industrial premises, medical suites, boarding houses, mixed use, and multiple units on one title all accepted.

Have a commercial scenario?

Submit your client's details to our commercial team. Robyn Hadlow (National Commercial Manager) and the team will come back to you promptly.
Submit a scenario

Helpful information

Product and rates guide

Full product details, fees, acceptable security, and eligibility criteria for the Commercial Term Loan.
Download

Application checklist

Everything your client needs to prepare for a commercial full doc application.
Download

Servicing calculator

Estimate your client's commercial borrowing capacity.
Use calculator

Frequently asked questions

What income documentation is required?

The last 2 years’ business/company tax returns and financial statements (most recent no older than 18 months), plus the latest personal tax return and ATO notice for all directors and guarantors. Where a trust is involved, a certified copy of the Trust Deed and all Deeds of Variation are also required.

What is the minimum self-employment period?

A minimum 24-month ABN registration is required for the Commercial Term Loan.

What property types are acceptable?

Standard acceptable securities include retail premises, offices, professional suites, industrial warehouses, medical suites, boarding houses, and mixed-use properties. Contact your BDM for properties that may be considered on a case-by-case basis.

What is the maximum LVR and loan amount?

Up to 80% LVR for Category 1 security locations (75% Cat 2, 70% Cat 3). Maximum loan amounts up to $5.0m for Category 1 at 65% LVR.

Can the loan be used for cash out or equity release?

Yes. Cash out is available to 75% LVR. A Statutory Declaration is required for amounts above $250,000.

Are interest-only repayments available?

Yes. IO terms of 1–5 years are available on the Commercial Term Loan.

Is there a clawback on commissions?

No. There is no clawback on commercial lending commissions.

Things you should know

Rates indicated are for illustrative purposes only, are subject to change without notice, and do not constitute an offer of credit. Actual rates are determined at the time of assessment. Eligibility criteria, fees, and charges apply. This information is prepared by Better Choice Home Loans and is intended for use by licensed mortgage brokers only. It is not to be distributed to consumers or used as the basis for consumer credit advice. Better Choice Home Loans ABN 79 095 728 868 Australian Credit Licence 378333.