flagFounded: 1835, became known as ANZ in 1951

businessOwned by: ASX Listed

monetization_onFunded by: Retail deposits and wholesale capital markets

account_balanceLender type: Major Bank

ANZ is one of Australia’s four major banks and one of the top 50 banks in the world. ANZ’s business banking division is very aggressive in the Small to Medium Enterprise (SME) market and has gained a significant market share as a result.

In particular ANZ has been successful by offering great pricing, higher LVRs on commercial property and business loans secured by residential property.

How does ANZ Commercial compare?

They’re great at

But they’ve got some drawbacks…

  • Lending criteria is strict
  • Maximum loan term is 15 years
  • Low doc commercial property loans
  • They’re unlikely to accept a bad credit history
  • Annual reviews may be needed on some loan facilities
  • Without a good contact, working with the bank can be difficult
  • Good small business bankers get promoted or become mortgage brokers

What commercial & business loan types do they have?

ANZ has a range of business loans including a term loan, which allows you to pay off your debt over 15 years, and an overdraft. Smaller business loans can be unsecured however the rates will be high and the repayment terms may be onerous.

They’re also a great option for both businesses that want to buy their premises and investors in commercial property.

Can you negotiate your loan terms?


Borrowing as a business or to invest in commercial property is nothing like borrowing for a home loan. You’ll find that banks rarely advertise their interest rates on their website and as a borrower you’re left in the dark about how much you should actually be paying.

As a mortgage broker we will usually put a term sheet together with the rate, conditions, and fees that we think are appropriate then we’ll play several banks off against each other. Unless they sharpen their pencil and give you a better deal, they’ll miss out on your business.

Tip for applying with ANZ Commercial

Use ANZ Bank’s Loan Application Cover Sheet to prepare for your commercial loan application.

Note: This is the latest loan application document as at November 2017. Please refer to ANZ for their most up-to-date document requirements.

ANZ Commercial client story: Ali, NSW


  • To buy an industrial-zoned property for investment purposes.
  • To get a great interest rate.


Commercial property, commercial property investment, industrial property, low doc, equity release.


With a strong property portfolio under his belt already, Ali decided it was time to branch out into the commercial space and found a really unique opportunity in southwest Sydney.

The property itself was residential but the land was zoned industrial.

With a considerable amount of equity in his home to put towards his deposit, Ali wanted to get a good commercial interest rate.

The only problem that he was likely going to have was that he was a professional property investor and had limited income evidence to provide to the bank.


Since he was borrowing just under $1 million, Ali could have borrowed up to 80% as a low doc borrower with ANZ Commercial. However, due to the amount of equity that he had to put towards the purchase, he borrowed less than 70% of the property value (LVR).

He was even able to qualify for a similar rate to a full doc residential home loan and his mortgage broker was able to push for a loan approval fee of 0.5% of the property value (around $5,000). This normally would have cost him $10,000!

Ali’s commercial loan was approved and he has since rented out the property to a residential tenant and leased part of the land out to a business to use as a storage yard.

He now has a dual income property!

Compare ANZ Commercial to other lenders

Not sure which lender is right for you? Not sure which ANZ commercial loan you should choose? Our Commercial Loan Experts can help!

Talk to one of our mortgage brokers by calling us on 1300 889 743 or complete our free assessment form.

  • jessev

    I only have a minor bad credit record – a $200 telco default, which I’ve already paid. Will I be rejected even just for that?

  • Hi jessev,

    A $200 telco default isn’t really that bad so it’s more than likely that you may be accepted, as long as that is the only bad credit record and you can meet their serviceability and lending requirements.

  • bsp

    Hi, if I go for a small business loan with ANZ Commercial, is there any way that I can avoid the loan covenants?

  • Hey bsp,
    There are ways that you can avoid business loan covenants, although it largely depends on your application and the lender you choose. You may be able to avoid them if:
    – You keep your loan under $1 million,
    – You borrow at a low Loan to Value Ratio (LVR), and
    – You run a strong business and are perceived as low risk by the bank.

  • Tim

    How much can I borrow for a residential development if going owner builder? If not?

  • You can generally borrow up to to 80% of the property value if you’re going owner buuilder. However, you can even go up to 95% if you have a strong application. If not then you can borrow up to 95% of the land and construction costs (hard costs). Do note that if you have a guarantor then you may be able to borrow up to 100% of the market value of the property plus any costs associated with completing the purchase.

  • Jeron Hille

    Looking for advice. I own 1 house in suburbia and a small rural hobby farm 5 acres. I’m in process of buying a 400 acre commercial property and was going to sell my other properties to basically own the farm and buy more land to share farm with big Cropping farmer who will be cropping the property if I get it. on a basic yield price for crop will be $12k but double or more for anything above basic price on a 20% share farm deal. Should I sell the small hobby farm and keep suburbia house as Investment as I own it outright or sell both.Payout 80% of New Property and expand or retain an investment house to raise income as I’m confused as what to do. All advice taken on board and grateful for the help.Loan Application has passed to Credit Commercial Loan so a day or 2 to find out if approved or not.

  • Hi Jeron
    We wouldn’t be able to advise you on this unfortunately. It’s a complex business decision so it’s best to seek advice from a consultant in the farming industry and or an accountant. Best of luck with your approval.