the adviser logo

Lender launches new commercial offering

by Staff Reporter7 minute read

One of Australia’s non-bank lenders has slashed the interest rate on its commercial offering.

Liberty Financial has cut up to 60 basis points from its SuperCredit product for commercial property.

This follows the recent slashing of rates on its range of commercial mortgages for business owners and investors.

Rates for new self-managed super fund (SMSF) customers for the SuperCredit Commercial product now start at 6.80 per cent.

“Liberty’s SuperCredit product is one of the few available that offers SMSF borrowers LVRs of up to 70 per cent on commercial property. Combined with a great new rate and a streamlined process, SMSF trustees have more choice and flexibility with Liberty,” Liberty’s general manager of commercial finance Suresh Pillai said.

Lender launches new commercial offering
TheAdviser logo
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more