Smart Commercial Options

Posted: 31-10-2023

We’ve evolved our commercial loan options in partnership with brokers, and we’re excited to share these smart enhancements with you, effective 31 October 2023.


More loan options for clients:

Max loan amount for commercial real estate
Increased LVRs to 80% across Full Doc and Alt Doc options
Max LVR for commercial real estate
Reduced minimum loan size to $100K
commercial real estate loan terms
Increased maximum loan size to $5M 

Expanded security types:

  • Vacant (hardstand) industrial/commercial land as a standalone security, up to 65% LVR
  • National Disability Insurance Scheme (NDIS), up to 70% LVR
  • Student accommodation, up to 70% LVR
  • Childcare centres valued ‘as-is’, up to 65% LVR
  • Boarding houses for Full/Alt Doc options up to 70% LVR 


A real life approach:

  • 2% serviceability buffer
  • Only one requirement for servicing on Full/Alt Doc options, with Interest Coverage Ratio (ICR) no longer needed
  • Annual reviews not required between $1M-$3M unless the LVR is >70% and Interest Only.
  • Accountants letter accepted up to $3M 


Brokers submit a scenario to Pepper Money

Bank said no? Put it to the non-bank test.

Get a fast-paced review from our scenarios team. They can tell you when ‘no’ could be ‘yes’.

Information is correct as at 31 October 2023 and subject to change at any time.

Information provided is factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser. Applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply

© Pepper Money Limited ABN 55 094 317 665; AFSL and Australian credit licence 286655 is the servicer of home loans provided by Pepper Finance Corporation Limited ABN 51 094 317 647.

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