Ace Finance Commercial and Business Loans provide short term finance on a range of loans such as: business loans, investment loans, commercial loans, construction loans, bridging loans, second mortgages (2nd mortgages), building loans, commercial business loans and residential loans.

Our business loan and bridging loan approval process is FAST ensuring settlements are on time and when required.

We have friendly and helpful business and commercial loans consultants have extensive knowledge of the finance, property and construction industry, and are happy to assist you with your business next loan. We specialise in providing investment loans, commercial loans, construction loans, bridging loans, second mortgages (2nd mortgages), building loans, commercial business loans and residential loans for many companies and individuals.

What does a business loan consist of?

A business loan is a loan granted to a business or company to use for a specific business or equipment purchase.

What are commercial loans?

Commercial loans are loans that are given to different types of business, companies or organisations. Sometimes a commercial loan is extended to aid a company with short term funding for certain operational functions, such as payroll and purchasing supplies that are utilised in the production of the goods manufactured and sold by the company. At other times, a commercial loan can be used to purchase new machinery that is directly used for the operation of the business.

What are bridging loans?

Bridging loans are loans for individual or businesses that is provide until permanent or the next stage of financing can be obtained on a larger primary loan. Funding from the primary loan is generally used to pay back the bridging loan, as well as other capitalization.

What is a second mortgage (2nd mortgage)?

A second mortgage(2nd mortgage) is normally a secured loan (or mortgage) that is an additional loan to another against the same property.

Second mortgages are often referred to as a subordinate because, if the loan goes into default, the first mortgage gets paid off first before the second mortgage. Mostly, a second mortgage takes the form of a home equity loan and the two are synonymous.