How much can be borrowed against commercial property?

Lenders generally lend a smaller share of a commercial property’s value than of a home’s, and the limit depends on the property type, its location, any lease and the borrower. Where a lender publishes its maximum loan-to-value ratio, it is in the product’s details.

What is a lease doc commercial loan?

A loan where the rent from a tenanted property is the main evidence that the loan can be repaid, rather than the borrower’s full financial statements. Lenders that offer them usually publish them as separate products from their full documentation loans.

Are commercial property loans interest only?

Many offer interest-only repayments, often for a set period, and lenders commonly publish a separate rate for them. The balance does not reduce while repayments are interest only.

Can a residential investment property be bought with a commercial loan?

A loan to an individual to buy residential investment property is consumer credit under the National Credit Code, and those loans are compared on Home Loans. Commercial property loans are for non-residential premises.

Can an SMSF use a commercial property loan?

An SMSF borrows through a limited recourse borrowing arrangement, which is a different product with its own rules. SMSF loans are listed on their own SMSF Loans page.

Compare Commercial Property Loans

Commercial property loans are secured against business premises such as offices, shops, warehouses and factories, whether the business occupies the premises or lets them out. Compare 48 loans from 13 lenders below on the published interest rate, the comparison rate where the lender publishes one, and the main establishment and ongoing fees, and rates start from 7.29% p.a. with Cairns Bank’s Commercial Loan.

Rates checked against providers’ own published data on 24 Oct 2026

For business use. These products are for business purposes. If you are borrowing or saving for yourself, or for an investment property you own personally, compare Home Loans, Personal Loans and other personal products instead.

	Comparison rate	Establishment fee	Ongoing fee	Actions
Cairns Bank	Interest rate7.29%	Comparison rateNot published	Establishment fee0.50% of the loan amount (min $500)	Ongoing fee$12Period not stated	Commercial propertyFixed 2 years, principal and interestFeatures: Borrow from $5,000	Secured loan for commercial purposes, including the purchase of the commercial premises for business or investment purposes and overdraf facitlies
Greater Bank	Interest rate7.49%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 3 years, principal and interestFeatures: Borrow from $1,000	Business loan secured by commercial property
Greater Bank	Interest rate7.54%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 1 year, principal and interestFeatures: Borrow from $1,000	Business loan secured by commercial property
Greater Bank	Interest rate7.54%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 2 years, principal and interestFeatures: Borrow from $1,000	Business loan secured by commercial property
Greater Bank	Interest rate7.59%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 3 years, interest onlyFeatures: Borrow from $1,000	Business loan secured by commercial property
Great Southern Bank	Interest rate7.59%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyFixed 1 year, interest onlyFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Apply to pay interest only for terms between 1,2,3 or 5 years whilst at the same time fixing the interest rate for the same period.
Great Southern Bank	Interest rate7.59%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyFixed 1 year, principal and interestFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Lock in the interest rate for 1, 2, 3 or 5 years on our business loan with our fixed rates and know what your repayments will be. Plus, pay off your loan sooner with free extra repayments.
Greater Bank	Interest rate7.64%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 1 year, interest onlyFeatures: Borrow from $1,000	Business loan secured by commercial property
Greater Bank	Interest rate7.64%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 2 years, interest onlyFeatures: Borrow from $1,000	Business loan secured by commercial property
Greater Bank	Interest rate7.64%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 4 years, principal and interestFeatures: Borrow from $1,000	Business loan secured by commercial property
Greater Bank	Interest rate7.64%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 5 years, principal and interestFeatures: Borrow from $1,000	Business loan secured by commercial property
Great Southern Bank	Interest rate7.64%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyFixed 2 years, interest onlyFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Apply to pay interest only for terms between 1,2,3 or 5 years whilst at the same time fixing the interest rate for the same period.
Great Southern Bank	Interest rate7.64%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyFixed 2 years, principal and interestFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Lock in the interest rate for 1, 2, 3 or 5 years on our business loan with our fixed rates and know what your repayments will be. Plus, pay off your loan sooner with free extra repayments.
Great Southern Bank	Interest rate7.69%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyFixed 3 years, interest onlyFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Apply to pay interest only for terms between 1,2,3 or 5 years whilst at the same time fixing the interest rate for the same period.
Great Southern Bank	Interest rate7.69%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyFixed 3 years, principal and interestFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Lock in the interest rate for 1, 2, 3 or 5 years on our business loan with our fixed rates and know what your repayments will be. Plus, pay off your loan sooner with free extra repayments.
Greater Bank	Interest rate7.74%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 4 years, interest onlyFeatures: Borrow from $1,000	Business loan secured by commercial property
Greater Bank	Interest rate7.74%	Comparison rateNot published	Establishment fee0.25% of the loan amount	Ongoing fee$15 a month	Commercial propertyFixed 5 years, interest onlyFeatures: Borrow from $1,000	Business loan secured by commercial property
Great Southern Bank	Interest rate7.75%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyVariable, interest onlyFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Apply to pay interest only for up to 5 years of the total term on your business loan.
Great Southern Bank	Interest rate7.75%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyVariable, principal and interestFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Our business loan accounts have no monthly or annual fees, and an offset facility leaving you with more money to invest in your business.
Great Southern Bank	Interest rate7.89%	Comparison rateNot published	Establishment fee$750	Ongoing fee$0	Commercial propertyFixed 5 years, interest onlyFeatures: Borrow $20,000 to $5,000,000LVR up to 80%	Apply to pay interest only for terms between 1,2,3 or 5 years whilst at the same time fixing the interest rate for the same period.

What is a commercial property loan?

A commercial property loan finances non-residential property: offices, shops, warehouses, factories and industrial sites, medical and professional suites, and similar premises. A business buying the premises it trades from borrows against the property it occupies, and an investor borrows against property leased to tenants. Some lenders publish separate products for owner-occupied and investment loans, and each is its own row, labelled with its variant. Where one product publishes both kinds of rate, it is listed once, at the rate it is shown from.

These products are for business purposes. A loan to buy a home, or a residential investment property held in a personal name, is regulated as consumer credit and compared on Home Loans instead. A self managed super fund buying business premises borrows through a different structure, listed on the SMSF Loans page.

How commercial property loans differ from home loans

Lower loan-to-value ratios. Lenders generally lend a smaller share of a commercial property’s value than of a home’s, so the buyer needs a larger deposit or additional security. Where a lender publishes its maximum loan-to-value ratio, it is in the product’s details.
Documentation and risk tiers. Specialist lenders publish separate products by the evidence of income a borrower provides, such as full documentation, alternative documentation and lease documentation, where the rent from a tenanted property supports the application, and by risk tier, such as prime and near-prime. The tier is part of the product’s name.
Interest-only and shorter terms. Interest-only repayments are common, terms are often shorter than a home loan’s 30 years, and some facilities are reviewed every year or every few years, when the lender can change the terms.
The property itself. Lenders assess the property type, its location, the length and quality of any lease, and how readily it could be resold or re-let.

How to compare commercial property loans

Each row sets the interest rate for its repayment type and loan purpose alongside the establishment fee and the ongoing fee. Commercial loans are usually larger than other business loans, so a small difference in rate adds up, but establishment, valuation and legal costs are often higher too. A comparison rate is shown where the lender publishes one. Most commercial property loans do not have one: the requirement comes from the National Credit Code, which does not generally apply to business lending.

The data does not cover the cost of buying the property itself. Stamp duty on commercial property varies by state, and Victoria is moving commercial and industrial property from stamp duty to an annual tax, as the guide to business loans and overdrafts explains. Valuation and legal fees, the lender’s review terms and any financial covenants are in the lender’s own documents.

Fixed and variable commercial property loans also appear, alongside other term loans, on Fixed Rate Business Loans and Variable Rate Business Loans. The full range of business lending is on the Business Loans listing.

CompareThat is a comparison service, not a lender or broker. This page is general information only, not credit or financial advice, and we do not compare every commercial property loan available in Australia. The lender’s own terms, fees and eligibility criteria set out what it offers.

Glossary

The key terms you’ll meet when comparing these products, reading product disclosures or talking to a provider.

Term	What it means
Commercial property	Non-residential property such as offices, shops, warehouses, industrial sites and medical suites.
Owner-occupied premises	Premises the borrowing business occupies and trades from, rather than leases to tenants.
Loan-to-value ratio (LVR)	The loan as a percentage of the value of the property or asset securing it.
Lease documentation (lease doc)	A loan assessed mainly on the rent a tenanted property earns, rather than the borrower’s full financial statements.
Alternative documentation (alt doc)	A loan assessed on evidence of income other than full financial statements and tax returns, such as BAS or accountant’s declarations.
Interest only	Repayments that cover only the interest for a set period, so the amount owed does not reduce during it.
Valuation	An independent assessment of a property’s value that the lender relies on, usually at the borrower’s cost.

Term

What it means

Commercial property

Non-residential property such as offices, shops, warehouses, industrial sites and medical suites.

Owner-occupied premises

Premises the borrowing business occupies and trades from, rather than leases to tenants.

Loan-to-value ratio (LVR)

The loan as a percentage of the value of the property or asset securing it.

Lease documentation (lease doc)

A loan assessed mainly on the rent a tenanted property earns, rather than the borrower’s full financial statements.

Alternative documentation (alt doc)

A loan assessed on evidence of income other than full financial statements and tax returns, such as BAS or accountant’s declarations.

Interest only

Repayments that cover only the interest for a set period, so the amount owed does not reduce during it.

Valuation

An independent assessment of a property’s value that the lender relies on, usually at the borrower’s cost.

Common questions

Rates and fees are sourced from each provider’s CDR Product Reference Data as of the date shown. They are general information only. Not credit advice. CompareThat is not a credit provider. Payment can change where a product appears, never which products we show.