Is your business paying rent to a landlord? Are you wondering how to buy a business premises when you’re self-employed?
Whether it’s a warehouse, office, or shopfront—owning commercial property can be a game-changer for your business. And yes, even if you’re self-employed, it’s possible to finance it.
Why Buying Makes Sense for Your Business
Owning your space can:
- Build long-term wealth
- Offer rental income if you lease part of it
- Provide tax advantages
- Free you from rising lease costs
How Much Deposit You Really Need
While residential loans often allow deposits as low as 5–10%, commercial loans usually require 20–30%. But if you have equity in another property, you may be able to use that instead.
Loan Types Available to You
- Commercial Property Loans: For buying office, retail, or industrial space.
- SMSF Loans: If you’re buying through your super.
- Lease Doc Loans: If you have a tenant and long lease in place.
Tips for Getting Approved Without a Big Paper Trail
- Keep your business financials updated and clean
- Work with a broker who specialises in commercial lending
- Be ready to explain your business model and growth plan
How a Mortgage Broker Can Help You Navigate It All
Commercial lending is less cookie-cutter than home loans. Having a broker who knows the self-employed space can save you time, stress, and money.
Bonus: You might even be able to lease the property back to your own business—win-win! So rather than wondering how to get a business premises when you’re self-employed book a time with us to see what you can do to stop paying rent and start building wealth.