Reviewing Your Finances? Review Your Commercial Property Loan Rate Too (2026)

Reviewing Your Finances? Review Your Commercial Property Loan Rate Too (2026)

Your tax-time financials are the same numbers a commercial lender uses to re-price your loan. Since they are already assembled, review the rate too.

When you sit down to do your taxes, you pull together exactly the documents a commercial lender uses to re-price a loan: your financials, your rent roll, your BAS. The numbers are already in front of you and already up to date. So while you are reviewing your finances, it is worth turning the same eye to the loan secured against your commercial property. A sharper rate, equity you could release, or an exit from an expensive bridging or private facility can all be hiding in plain sight, and you are already holding the paperwork to find out. This is general information, not credit assistance. Eligibility and lender criteria apply.

Tax Time Is the Natural Moment to Look at Your Loan

Most business owners and investors review their commercial property loan far too rarely. The loan gets set up at purchase, then it sits. Rates move, your business grows, the property revalues, and the facility quietly drifts out of line with what you could get today.

Tax time breaks that inertia, not because of any cutoff, but because of what you are already doing. To prepare your return you gather your profit and loss, your balance sheet, your rent roll and your most recent BAS. That is almost exactly the file a commercial lender asks for when assessing whether to offer you a better deal. The hard part of a loan review, pulling the numbers together, is already done.

This is the whole idea. You are not chasing a deadline. You are using a moment when your financial picture is fresh, accurate and in one place to ask a simple question: is the loan against my commercial property still the right one? The answer is worth knowing whether you ask it in July, in March or at any other point in the year.

What Commercial Property Loan Rates Look Like in 2026

These ranges are indicative for 2026 and drawn from published commercial market sources including commercial-loans.net.au, switchboardfinance.com.au and money.com.au. They move with the market and with your individual circumstances, so treat them as a guide rather than a quote.

Where you land depends on the deal:

Owner-occupiers with strong financials sit at the lower end, from around 6% p.a. Investors and lower-doc borrowers sit higher, into the 9% to 10%+ range. Standard bank products run roughly 6.5% to 9.5% p.a., while non-bank and specialist lenders run roughly 7.5% to 14% p.a. On fixed terms, one to three years sits around 6.5% to 9% and five years around 7% to 10%.

The single biggest lever is your loan to value ratio. Every 10% lower in LVR can save roughly 0.25% to 0.75% p.a. If your property has revalued upward since you borrowed, your real LVR may already be lower than your loan reflects, and that alone can justify a review. Worth noting too: commercial rates sit well above equivalent residential mortgage rates, so the dollar impact of a sharper rate on a commercial balance is usually larger than people expect. This is general information only and lender criteria apply.

When Refinancing a Commercial Property Loan Actually Pays Off

Refinancing is not automatically worth it, and an honest broker will tell you when to stay put. It pays off when the benefit clearly outranks the switching cost. A few situations make that case on their own.

Your rate has drifted. If you locked in a year or two ago and have not looked since, the gap between your rate and a current market rate can be material on a commercial balance.

Your LVR has fallen. A higher valuation or paid-down principal lowers your real LVR, and as above, every 10% lower can be worth roughly 0.25% to 0.75% p.a.

You need equity working. Refinancing can release equity for working capital, a fit-out, or the deposit on your next purchase, often more cheaply than other forms of business funding.

You are on an expensive stopgap. Bridging and private facilities are built to be temporary and priced accordingly. If you are still on one, refinancing into a mainstream commercial facility is frequently the single biggest saving available to you.

The test is always the same. Does the saving, the released equity or the cheaper structure outweigh the cost of switching? That is what a review answers.

Commercial Is Different, and a Wide Lender Panel Is Where It Counts

A home loan is close to a commodity. Commercial finance is not. Two borrowers with similar properties can be offered very different rates and terms because lenders weigh the inputs differently: the strength and length of the lease, the quality of the tenant, the property type and location, the borrower's financials and structure, and the lender's own appetite for that asset class at that moment.

This is exactly why the lender you happen to bank with is often not the lender who will price your deal best. One lender loves industrial and warehousing, another is cautious on retail, a third will move further on LVR for a strong owner-occupier, and a non-bank may be the only sensible home for a deal the majors will not touch.

Everstone works across a wide panel of bank and non-bank commercial lenders. We are independent, so we are not steering you toward one institution's product. We take your deal to the lenders most likely to compete for it, and we frame your financials, the same ones you assembled at tax time, in the way each lender wants to see them. On a commercial loan, that matching is where the real difference is made.

Refinancing Commercial Property in South Yarra and Across Melbourne

Everstone Finance is based in South Yarra and works with commercial property owners and investors across Melbourne and around the country. Whether your property is an office suite in the CBD, a warehouse in the southeast, a retail premises on a high street or a mixed-use asset, the process is the same.

We start with where you are now: your current rate, your facility, your lease and your financials. We compare that against what a wide panel of bank and non-bank commercial lenders would offer today. If a refinance makes sense, we manage it through to settlement, including the lender's valuation and the discharge of your existing loan. If it does not, we tell you plainly and you have lost nothing.

Because we are ex-bankers, we know how the lenders on the other side of the table read a file. We use that to present your deal in its strongest light, which on a commercial loan can be the difference between a flat decline and a competitive offer. Local knowledge of Melbourne commercial property and a national lender panel sit behind every review we run.

How Everstone Helps

Ahmed Lotfi and Zappelin Heng spent their careers inside the banks before founding Everstone. That background is the point: we know how commercial credit teams assess a deal, what moves an offer, and where borrowers leave money on the table.

As an independent broker, our job is to act for you, not for any single lender. We review the loan against your commercial property, compare it across a wide panel of bank and non-bank commercial lenders, and tell you in plain English whether a refinance is worth doing. If it is, we run the whole process. If it is not, we say so.

Our advice is free to you because the lender pays us when a loan settles, so there is no cost to find out where you stand. The natural time to ask is when your financials are already in front of you at tax time, but the question is worth asking whenever you are ready. Bring the numbers you have assembled for your accountant, and we will show you what they could be doing for your rate.

Commercial refinance FAQs

What are commercial property loan rates in 2026?

Indicative 2026 commercial property loan rates run from around 6% p.a. for owner-occupiers with strong financials, up into the 9% to 10%+ range for investors and lower-doc deals. Standard bank products sit roughly 6.5% to 9.5% p.a. and non-bank or specialist lenders roughly 7.5% to 14% p.a. These rates are indicative, vary by deal and are subject to change. This is general information, not credit assistance, and lender criteria apply.

When should I refinance my commercial property loan?

Refinance when the benefit clears the cost. The usual triggers are a current rate sitting above today's market, a property that has revalued and lowered your real LVR, a need to release equity for working capital or a purchase, or an expensive bridging or private facility you want to exit. Tax time is a natural moment to check because your financials are already assembled, but a review is worthwhile at any time of year.

What does refinancing a commercial loan cost, and how do I work out the break-even?

Switching costs can include a discharge fee on your existing loan, a new lender valuation, and possible application or legal fees, plus any break cost on a fixed rate. The break-even is simple: divide the total switching cost by your monthly saving to see how many months until the refinance pays for itself. On a commercial balance, a sharper rate often recovers the cost quickly. We map this out before you commit.

How much can I borrow when refinancing a commercial property?

It depends on your loan to value ratio, the property type, the lease and tenant quality, and your financials. LVR is the biggest driver, and every 10% lower in LVR can save roughly 0.25% to 0.75% p.a. If your property has revalued upward, you may be able to borrow more or release equity while still improving your rate. We assess your specific deal against a wide panel of lenders to confirm the figure.

Can I refinance a commercial property loan in South Yarra or Melbourne?

Yes. Everstone Finance is based in South Yarra and works with commercial property owners and investors across Melbourne and Australia. We review your current loan, compare a wide panel of bank and non-bank commercial lenders, and manage the refinance through to settlement, including valuation and the discharge of your existing facility. Office, retail, industrial and mixed-use properties are all in scope.

Does it cost anything to have Everstone review my commercial loan?

No. Everstone is an independent broker and our advice is free to you because the lender pays us when a loan settles. A review costs you nothing to start, and if a refinance does not make sense for you, we will tell you plainly. The simplest time to ask is when your financials are already assembled at tax time, but you are welcome to ask whenever suits you.

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Sources and important information