At Gateway, we’re committed to doing the right thing for our members’ pockets and the planet. That’s why in addition to our award-winning Green Home Loan offering for residential homes, we’ve introduced the Green Commercial Property Loan which is designed to reward borrowers who have invested in making their commercial property energy efficient and reduced their impact on the environment with at least a 0.15% discount off our standard Commercial Property Loan^ rate.
If you’re looking to purchase, refinance or improve your commercial property to a 4 Star rating or above from NABERS or Green Building Council of Australia (GBCA), our Green Commercial Property Loan could be for you. If your commercial property already has a 4 Star rating or above certification, and you would like to take advantage of our rewarding rate, give us a call or apply online to refinance your existing commercial loan to our Green Commercial Property Loan.
To be eligible for Gateway’s Green Commercial Property Loan, the commercial property must have a 4 Star rating or above from NABERS (National Australian Built Environment Rating System), or for newly builds a 4 Star Green Star Building rating or above from GBCA (Green Building Council Australia), or for existing buildings a 4 Star rating Green Star Performance rating or above from GBCA. This needs to be evidenced with a certificate from NABERS or GBCA. Established or newly built commercial properties that have been certified with a 4 Star rating or above from NABERS or GBCA are eligible.
Plus, you can manage and have full visibility over your loan through online banking and the Gateway App.
To apply for a Gateway Green Commercial Property Loan, contact us for more information.
If you’re looking to borrow between $4 million to $10 million, take a look at our Gateway Commercial Plus Property Loan.
|Establishment Fee :||$1,500 for loans up to $750K and 0.40% of total amount applied for over $750K (for standard applications)|
|Annual Fee :||$0|
|Monthly Fee :||$25|
|Discharge Fee :||$300|
|Redraw Facility :||Yes (Variable rates only)|
|Redraw Fee :||$0|
|Offset Account :||Yes|
|Additional Repayments Accepted :||Yes|
|Additional Repayments Fee :||$0|
|ATM/EFTPOS Access :||No|
|Branch Access :||Yes|
|Split Loans :||Yes|
|Criteria :||A rating certificate from NABERS showing a minimum 4 Star rating or above; or for newly builds, a Green Star Building certified 4 Star rating or above; or for existing buildings a Green Star Performance certified 4 Star rating or above from GBCA|
*Rates advertised apply to principal and interest repayment types only. The maximum loan term for principal and interest repayment type is 30 years. The maximum loan term for interest only repayment type is 5 years. Gateway reserves the right to vary these interest rates at any time. Interest rates quoted are for new lending only. Existing borrowers should contact Gateway to discuss their requirements. Applications for finance are subject to our standard credit assessment criteria. Full terms and conditions are available on application. Other fees and charges may apply.
^The Green Commercial Property Loan owner tenant or investor variable rate will have at least a 0.15%pa discount from Gateway’s Commercial Property Loan (LVR up to 70%) owner tenant or investor variable rate. The Green Commercial Property Loan owner tenant or investor interest only variable rate will have at least a 0.15%pa discount from Gateway’s Commercial Property Loan (LVR up to 70%) owner tenant or investor interest only variable rate.