A broker that knows commercial lending
The Lending Lab Commercial is the commercial finance side of The Lending Lab, a finance broker based in Neutral Bay. It is led by Director and Principal Broker Nick Clunes.
What we do
Commercial finance is the core of the business: investors moving from houses to commercial property, business owners buying their premises, developers funding a build, and families borrowing through trusts and SMSFs. Home loans are handled by the wider Lending Lab team at thelendinglab.com.au.
We are a small team. You deal with Nick, who knows your file, rather than a call centre.
How we are paid
For most loans the lender pays us a commission when the loan settles, and sometimes an ongoing commission while the loan is in place. Before you go ahead we tell you in writing what we will receive. If a deal needs a fee from you, as some private and complex commercial loans do, we agree it with you in writing first.
For home loans, the law requires brokers to act in your best interests. We work the same way on commercial deals.
Licensing
We are credit representatives under an Australian Credit Licence. Details are in the footer and in our credit guide.
What you can expect
You will know where things stand
What is happening, how long it will take and what comes next, without you having to chase.
Plain English
We translate bank terms into plain language and answer the hard questions directly.
Total cost, not the headline rate
We compare fees, terms and conditions as well as the rate, and show you the numbers.
We keep watching
After settlement we review your lending and tell you when a better option comes up.
Four steps from first call to settlement
Nick runs your deal himself, from the first call to settlement and the reviews after.
Talk
A short call to understand what you want to buy or fix, your structure and your timing.
Plan
We work out which lenders fit, what they will ask for and what it will cost, and set it out in writing.
Apply
We prepare the application so the credit team has fewer questions, then manage valuations and approvals.
Settle and review
We take it through to settlement, then review your lending as rates and your plans change.
Recognised by the industry
What clients say about Nick
Rated 5.0 from 87 Google reviews of The Lending Lab. Read them on Google.
“Nick went above and beyond to help us buy our property. He took time to explain the process, presented options to achieve our goals and secured us a great mortgage that helped us lock in our property.”
“Nick was very helpful, professional as well as friendly. Answered all questions and concerns. Absolute professional and gets things done in a prompt manner.”
“Excellent service by Nick. Was very thorough from the start to the end and was quick to respond to any questions we had.”
Two more ways we help
Nick also runs Groundwork Commercial and Levelhead. Each does one job well, and any finance they lead to is arranged through The Lending Lab.
Talk to Nick
Tell us what you are trying to do. Nick will call you back, usually within a business day, and tell you plainly whether we can help.