Commercial · CommercialX
CommercialX, owner-occupier warehouse acquisition
$3.1m, 65% LVR · Brisbane, QLD
Hypothetical example for explanation only. This is not a completed Archer Wealth transaction, a credit approval or a promise of an outcome.
The situation
SME owner acquiring the industrial warehouse the business already leased. Strong trading cashflow, full doc, but bank credit timeline did not match the vendor's contracted settlement date. Borrower needed to clear settlement to hold the property at the agreed price.
Structure
- Registered first mortgage over the commercial property
- 65% LVR
- 18-month term to allow a planned refinance to a major bank facility once trading P&L cycle complete
- Serviced monthly interest, supported by tenant rent (the SME itself)
What a lender would look at
A lender would look at whether the exit is documented and whether the security supports the position. Settlement timing depends on the application, valuation, due diligence, funding availability and completion of documentation. Tell us about any contractual deadline when you submit your enquiry. See the CommercialX product page for full envelope.
Key risks
Finance is subject to assessment and approval. Interest, fees and other costs apply. Failure to meet your obligations may result in enforcement against the security and action against any guarantor.
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