Commercial Loan

Commercial loans encompass financing for acquiring businesses, operating businesses, or purchasing business properties. The borrower can be the business owner or an investor in business properties for investment or operational purposes. This type of loan can also be utilized by office workers looking to invest. While business loans share similarities with home loans, they differ in terms of loan-to-value ratio, interest rates, and income requirements.

Commercial Property Loan:
Commercial property loans are similar to home loans in aspects such as the borrower's credit, mortgage, loan documents, loan valuation, loan contract, and loan management. However, due to their connection with business operations, they tend to be more complex, necessitating professional assistance. Mortgage properties can include factories/warehouses, retail shops, commercial buildings, unit buildings with more than four units, and kindergartens. If the loan institution is interested in your loan proposal, you can proceed with the application.

Pros of Commercial Loans:

• Reasonable Tax Avoidance: Commercial loans can help in reasonable tax avoidance, as interest expenses from these loans can be considered operational expenses. Depreciation of commercial property and vehicles can also be tax-deductible.
• Risk Sharing: Banks are willing to lend money for business operations or expansion, which can be viewed as risk-sharing by the banks. The specifics of commercial loans vary depending on individual circumstances. It is advisable to consult professional mortgage companies for a detailed loan proposal before approaching a bank.

Application Conditions for Commercial Loans:
Permanent residents, business visa holders, and some temporary residents are eligible to apply. For more details, please contact our professional brokers for a comprehensive explanation.