for better business.
make ichoice your first choice
Being former commercial bankers,
our advisors are well placed to assist
individuals and businesses with their
commercial and business lending needs.
Better loans for better business means saving you money.
We evaluate every commercial product to ensure the most efficient structure for you.
Every single commercial product at iChoice will be evaluated by our principal, Jason Khoury (a former business banker with four major banks), to ensure it's structured efficiently.
So many get it wrong and end up with poor lending structures. Flexibility is paramount and sometimes not having your lending arrangements subject to annual reviews can literally make all the difference.
Whether you seek development funding, want to borrow against your franchise, your debtors book or simply against commercial property, its smart to know what options are available prior to making any decision. Most business loans are very expensive and poorly structured.
It's quite normal for iChoice to refinance business and commercial facilities that save clients tens of thousands every year.
We're supported by the major lenders
Find the commercial loan that's right for you
Residentially-secured business loans
Due to the perceived lower risk of the residential property market, banks will often lend at cheaper rates when a residential security is offered.
Unknown to many is the fact that there are 4 lenders who do not really care if the credit you seek is for a personal, investment or indeed business purpose. These banks do not differentiate between a normal home loan and a business loan as long as residential security is offered, meaning generous terms and discounted rates. This is quite fascinating.
Most borrowers who have gone straight to their bank without seeking the advice of a lending specialist may end unnecessarily paying establishment fees, monthly fees and a higher rate than they need to, under stricter terms. A 2% differential on a $2M loan is $40,000 per annum!