As with residential property, often the purchase of a second commercial property will go hand in had with refinancing the existing commercial portfolio.
Generally, with commercial lending rates at a premium compared to residential rates, it makes sense to have an experienced IFG Commercial advisory provide an obligation free qualification of your position and line it up with what the market is doing.
Savings on commercial facilities can often run into the tens of thousands once a lazy rate is switched to the aggressive end of the market which is money far better served in your pocket than the banks.
The IFG commercial advisors will also be able to provide a significant amount of commercial purchase information including:
- Summary of purchase costs
- Total debt obligation
- Monthly interest obligation
- Establishment and account fees
- Tips and tricks for facility management.