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Commercial Lease Doc

Investment commercial loans serviced by lease income alone. No payslips, tax returns, or financials required. No application fee. No clawback.

Overview

Better Choice’s Commercial Lease Doc product is purpose-built for investors in commercial income-producing properties where the lease itself services the debt. Rather than assessing personal income or business financials, we rely on a satisfactory lease agreement to verify serviceability — making this one of the most accessible commercial lending solutions available for property investors.

The product supports purchase and refinance of a wide range of commercial property types and is assessed on an interest cover ratio basis (minimum 1.5x) rather than traditional debt serviceability. With no payslips, tax returns, financials, or bank statements required, the documentation burden is significantly reduced.

With no application fee (currently waived) and no clawback, Lease Doc is a compelling product to place for both new purchase and commercial refinance scenarios.

Features

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No financials required

No payslips, tax returns, bank statements, or financial statements needed. Income verified by a satisfactory lease agreement alone.
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No application fee

Application fees currently waived on Commercial Lease Doc — consistent with our fee waiver across the commercial range.
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No clawback

Better Choice does not clawback commissions on Lease Doc loans, regardless of when the loan repays.
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Investment only

Available for purchase or refinance of investment commercial properties. Cash out up to 25% of total loan amount also available.
Interest Rate

Minimum 24 months lease remaining

The lease must have at least 24 months remaining at settlement and must be at arm's length to a third party.
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Wide acceptable security range

Retail premises, offices, industrial units, factories, warehouses, mixed use, and medical/professional suites all accepted.

Have a lease doc scenario?

Submit your client's property and lease details and our commercial team will assess eligibility and come back to you promptly.
Submit a scenario

Helpful information

Product and rates guide

Full Lease Doc product details, acceptable security, and eligibility criteria.
Download

Application checklist

Preparation checklist for commercial lease doc applications.
Download

Servicing calculator

Assess commercial lease doc serviceability for your client.
Use calculator

Frequently asked questions

What documentation does Lease Doc require?

A satisfactory lease agreement in registrable format with a minimum of 24 months remaining. No payslips, tax returns, financial statements, or bank statements are required. If the property is not tenanted until after settlement, a fully executed lease and evidence of bond paid prior to settlement are required.

Who is eligible for a Lease Doc loan?

Eligible borrowers include sole traders, individuals, companies with up to 5 directors, and discretionary/family trusts. It is investment only — the borrower cannot be occupying the property.

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.

What commercial property types are acceptable?

The same standard acceptable securities as other commercial products apply — retail, offices, professional suites, industrial, medical, and mixed-use properties. Contact your BDM for any non-standard security type.

Is cash out available on Lease Doc?

Yes. Cash out is available on the Lease Doc product. Contact your BDM for limits and conditions applicable to equity release.

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.