Funds to support your commercial investment plans

Lease income loan 

A simple commercial loan serviced via lease income. Flexible income verification- Borrow up to 80% LVR-Suits self-employed

Millbank commercial loans have the power to unlock opportunities for all kinds of borrowers. Whether you're growing a business, buying new assets, diversifying your property portfolio, or consolidating business debt – we have free-thinking and flexible commercial loan options to help support your goals.

Low rate commercial loan

With our lowest rate commercial loan, you can achieve your commercial property goals, faster.

  • Ideal for business premises

  • 30-year loan terms

  • No annual reviews

  • Rates from 7.20% p.a.

  • Easy to understand features, variables and fees

Things you should know:

Subject to LVR restrictions.

Higher interest rates may apply. The actual interest rate applicable will depend on our assessment criteria and the loan to value ratio. Please call or speak to your Case Manager for more details.

80% LVR available for residential securities only and up to 70% for commercial securities.

Loans with an Interest Only period are subject to a 0.15% interest rate loading.

Loan amounts may vary based on information provided.

Other fees and charges are payable.

Application fee of £1,045 may apply depending on assessment criteria.

The establishment fee is calculated as a percentage of the loan amount and has a minimum fee of £2,500 or £5,000 depending on assessment criteria.

Minimum redraw amount £5,000.

Deferred facility fee is calculated as a percentage of the loan amount and is only payable if the loan is repaid before the earlier of the end of the term or the third anniversary of settlement. Customers may elect to pay an upfront facility fee in lieu of a deferred facility fee prior to settlement .

Discharge fee of £395 plus legal fees and government charges are due upon loan finalisation.

Flexible business loan

With no mortgage security required, our flexible business loan provides a hassle-free solution that helps to free-up cash flow.

  • A flexible loan with no mortgage security needed

  • Ideal for growing businesses

  • Simple application process

  • Rates from 13.95% p.a.

Business line of credit

Manage your funds with a flexible credit solution

Get fast access to funds to help cover the everyday costs of running your business.

  • An approved line of credit

  • Improved cash flow benefits

  • Access funds as you need them

  • Rates from 9.45% p.a.

Short term commercial loan

With our short term commercial loan option, you can get a quick cash injection to support you on your next adventure.

  • Fast business finance solution

  • Ideal for investments or acquisition

  • No financials required

  • Rates from 9.05% p.a.

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Low doc commercial loan

Our competitive low doc commercial loan provides flexible income verification for free thinkers who may not have full documentation.

  • Suits self-employed borrowers

  • Flexible income verification

  • Borrow up to 80% LVR~

  • Rates from 7.85% p.a.+

"Wherever you are in your journey, we are here to provide the help you need, in the way that works best for you."

 

Our flexible line of credit provides business owners with easy access to funds when it’s needed most.

Our contingency and risk management strategies

At The Millbank Group, we prioritise the security and continuity of our clients' investments through comprehensive contingency and risk management. Our approach begins with a thorough risk identification and assessment process, encompassing market, credit, operational, and compliance risks. This allows us to develop detailed contingency plans, including business continuity, disaster recovery, and communication protocols, ensuring we are prepared for a wide range of potential disruptions.

To mitigate identified risks, we implement a variety of strategies such as diversification, hedging, insurance coverage, and robust internal controls. These measures are designed to reduce the likelihood and impact of potential disruptions, safeguarding our operations and our clients' interests. Our commitment is to proactively manage risks and minimize potential negative impacts.We continuously monitor our risk exposure and regularly review our contingency plans to ensure they remain effective and up-to-date. This includes periodic risk assessments, plan updates, and testing and training exercises for our employees. We are dedicated to providing our clients with the highest level of security and peace of mind, ensuring the long-term success of their investments through proactive and adaptable risk management.