balmain + new zealand + products
| product details | Interest Only Facility |
|
| Commercial Redraw Facility | ||
| features | Available as fixed interest rate, variable interest rate, or in combination | |
| Variable interest rate | ||
| Use the commercial property you purchase for security | ||
| Interest only repayment options | ||
| Combination loan facility comprising interest only and redraw facilities | ||
| security | The property acts as security for the loan. The building must comply with all relevant building codes and the Resource Management Act | |
| loan term | Up to five years |
|
| total borrowing | Up to 70% of the value of the secured property |
|
| minimum loan | $500,000 |
|
| maximum loan | $10,000,000 |
|
| interest only repayments | Available for up to five years |
Commercial Loan Facility |
Commercial Redraw Facility |
balmain + new zealand + products
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