Along with everything else to consider when purchasing a commercial property, GST must be paid on top of the purchase price.
Most bank loans won’t cover this cost and require you to come up with the additional 10% yourself.
Although the GST is later recovered from the ATO, reclaiming the money can take up to 120 days. This often causes significant cash flow problems, potentially jeopardising the transaction altogether.
The additional equity required for GST can reduce working capital, with low cash reserves leading to limited flexibility and high opportunity costs on other business or investment activities.
Property Credit’s quick, simple, and short-term GST finance solution helps bridge the gap by funding 100% of the GST on your property purchase.
Whether you're a sales agent or property developer, purchasing a new build, land or even a development site, our funding solution helps buyers complete their next purchase without the roadblocks.
We offer loans to commercial borrowers for commercial purposes only.
The minimum term is 1 month and the maximum may vary.
The cost of our loans vary depending on a number of factors. Once you fill in the quick application form we can provide you with a quote.
The minimum GST loan is $30,000. There is no maximum amount. However, facilities over $1 million will require further discussion and you will be assigned a representative to assist with this.
No. We are a finance company offering financial solutions to real estate professionals and their clients.