LM derives its leading edge in fund performance through its property related expertise and its research driven focus on Australia's mortgage trust sector. With a strong service ethos, an investment team with vast property experience and a commercially tailored lending product, LM is a well established and highly regarded lending institution within Australia's business and property sectors.

The LM First Mortgage Income Fund is one of Australia's largest mortgage trusts, and provides loan facilities on registered first mortgages throughout Australia .

• To treat each loan application on its own merit by understanding the borrower’s specific needs.
• To provide our borrowers a lending solution in the quickest possible timeframe.
• To be flexible, proactive and interactive with each of our clients.
• To establish long term mutually beneficial partnerships with clients, through open communication and efficient service.
• To prove by performance that we are the lender of choice for property finance.
• To assist our clients to be profitable.

LM's team of skilled property specialists are committed to providing compatible financial solutions to Australia 's business sector, vastly differentiating us from our lending competitors.

When working with LM, you are dealing with real property people experienced in development management, quantity surveying, financial analysis, town planning, project management, cost planning, building and legal issues.

Our due diligence process is hands-on. For each lending transaction undertaken, we ' walk the turf' of a property, understand and be comfortable with the proposal and those responsible for it.

Professional and responsible lending

LM competes effectively with the leading banks for lending business, we compete on rate and offer an edge in service with which the banks cannot compete. LM is recognised by its borrowers for our superior services and genuine understanding of borrowers needs.

In general, non-bank lending continues to be a rapidly growing component of the Australian financial services sector. As such, LM continues to capture increased market share in the commercial finance arena.

To date, LM has settled approximately AUD $3 billion in commercial loan facilities nationally since inception of the LM First Mortgage Income Fund in 1999.

LM's Commercial Lending Department is a familiar financial resource to Australia 's property and development sectors.

Advantages of working with LM  

• Hands-on property experience
• Versatile and competitive rates
• Flexible
• Open and regular communication
• Professional, efficient and prompt service
• Impeccable track record of on-time settlements.

We pride ourselves on our proactive approach to lending. It is important that we meet with our borrowers and their consultant team, and regularly visit property securities to ensure our continued due diligence maintenance process.

We listen to the industry – to financiers and developers – to monitor trends, anticipate movements and identify 'quality rather than quantity’ investment opportunities.

How it works

• Upon receiving your initial phone enquiry, one of our lending specialists will advise if a lending proposal aligns with our lending criteria.
• If the initial enquiry is accepted, we then require detailed proposal information.
• Generally, proposals are reviewed by our credit committee within seven days, dependent on receipt of requested information.
• Approval from the credit committee will result in a letter of offer sent to you the following day.
• On acceptance of the letter of offer being sent to you, our due diligence process will commence.
• The average time from acceptance to settlement is three to five weeks.

The LM Commercial Lending Department provides funding on first registered mortgage basis:

• Development Securities (Up to 66.67% LVR)
  • Commercial & Retail properties,
  • Residential properties,
  • Industrial properties,
  • Aged care properties, and
  • Land subdivision.
• Asset lending for owner-occupiers and investors. (Up to 75% LVR)
  • Commercial Office,
  • Retail,
  • Industrial,
  • Residential, and
  • Aged care.

Contact the Commercial Lending Department
Head Office: (07) 5584 4500
Freecall: 1800 062 919
Sydney Office : (02) 8268 0100
Email: commerciallending@LMaustralia.com

Full details on each of LM's investment funds are readily available via our extensive network of authorised financial adviser groups both domestically and abroad. LM requests investors consult a financial adviser before making an investment decision. Investors must have read and considered the current Product Disclosure Statement (PDS) and any Supplementary Product Disclosure Statement (SPDS) before deciding whether to acquire or continue to hold an investment in any of the fund products issued by LM Investment Management Ltd.