01 Purpose of funds
Residential: an owner-occupied or investment home loan. Commercial: premises, plant, working capital, a development site, or a business purchase.
What we do
Commercial finance, seven ways.
BMF arranges commercial finance across seven areas.
01 Commercial property finance
Buying, refinancing or releasing equity against industrial, retail, office and specialised commercial property.
02 Development finance
Site acquisition and project funding for residential, commercial and mixed-use developments.
03 Construction loans
Progress-drawn facilities for businesses building or extending their own premises.
04 Business finance
Working capital, overdrafts, unsecured facilities, debtor and trade finance, and cashflow lending.
05 Equipment & asset finance
Trucks, excavators, farm machinery, forklifts, trade vehicles, fit-out and practice equipment.
06 M&A funding
Finance for buying a business, buying out a partner, or funding a management buyout.
07 SMSF lending
Limited-recourse borrowing for a self-managed super fund buying property.
The difference
A commercial broker isn't a mortgage broker.
A mortgage broker places home loans against a lender’s published credit policy. A commercial finance broker builds a written credit case that a credit analyst assesses on its merits. Different panels, different assessment, different work.
02 Panel
Residential: banks and residential non-banks, broadly comparable products. Commercial: majors, regionals, non-banks, specialist asset financiers and private credit — appetites differ sharply.
03 Who assesses it
Residential: a serviceability calculator and a written credit policy. Commercial: a credit analyst, and above certain sizes a credit committee.
04 What decides the answer
Residential: verified income against a policy grid. Commercial: business performance, security, industry, structure, and the strength of the written case.
05 What you supply
Residential: payslips, tax returns, bank statements. Commercial: financials and interims, ATO integrated client account, aged debtors and creditors, a security schedule, valuations and contracts.
06 Room to move
Residential: limited — policy is policy. Commercial: real — term, covenants, security and structure are negotiated deal by deal.
Panel breadth matters because commercial appetite is narrow and specific. One lender wants civil contractors and will not touch hospitality; another funds an asset class the majors have stepped back from. Knowing which door to knock on is most of the job.
Deal complexity is the other half. A commercial credit submission is a written argument, not a form: it sets out the trading history, the purpose of the funds, how the debt gets repaid and what secures it, then names the risks the analyst will find anyway and answers them first. A file with the ATO position explained and the exit stated reads very differently to one that leaves the analyst guessing.
If you are buying a home, you want a mortgage broker. If you are buying premises, plant, a business or a development site, you want commercial. Tell us what the funds are for and we will point you to the right desk, ours or someone else’s.
Who we help
Business owners at the edge of their bank's policy.
Business owners across the Capital Region, most of them at the edge of what their bank’s credit policy covers.
01 Business owners outgrowing their bank
Trading three to eight years, profitable, growing, and told no for the first time. That’s a policy ceiling, not a verdict on the business — your bank made a sensible decision for itself; your growth moved past the box.
02 Property developers
Site acquisition, construction facilities, residual stock and refinances out of completed projects.
03 Civil & transport operators
Excavators, dozers, tippers and prime movers, plus the working capital behind a progress-claim cycle.
04 Farmers across regional NSW
Tractors, headers, seeders and spray rigs, structured around seasonal income rather than a flat monthly repayment.
05 Medical & allied health practices
Fit-out, imaging and practice equipment, practice purchases and rooms.
06 Professional services firms
Fit-out, partner buy-ins, equity releases and working capital.
07 Newer businesses
Trading under two years, despite a full order book or a trade licence. A shorter trading history isn't an automatic no. Some funders will consider a business under two years old where there's strong asset security, an established director track record, or contracted forward income — assessed case by case, and never guaranteed. If it's not a fit, we'll tell you early.
Where we work
Across the ACT and regional NSW.
Canberra and Queanbeyan first, then out through Yass, Goulburn, Bungendore, Cooma and Bega. West to Wagga Wagga and the Riverina, south into the Snowy Monaro, east to the South Coast. Most of the work is commercial and business finance in Canberra itself, then out across the region from there.
Local matters more than it sounds. Valuers, lender business development managers and council planning processes all behave differently outside a capital city. A lender’s regional appetite is rarely its metropolitan one — knowing which valuer a lender will accept in Cooma changes what you should be asking for.
Deal size
How small can a deal be?
Commercial property, development and construction work generally starts around $1M. Equipment and asset finance has no such floor — a single ute, a first excavator or a used rigid is a real enquiry, and it’s often where a longer relationship begins.
There’s no minimum worth apologising for. If a $70K machine is holding up your next contract, that’s the deal that matters. You can work out a repayment and balloon before you call.
How we work
One conversation, then a written case.
One conversation, then a written case, then a lender chosen to match the deal.
01 The conversation
What you are funding, what it costs, what security exists, and when it needs to settle.
02 The honest read
What is fundable as presented, what needs restructuring first, and what will not fly.
03 Lender selection
Chosen from 100+ lenders against appetite for your industry, your security and your deal size — not off a rate table.
04 The submission
The written credit case, with the risks named and answered before the analyst finds them.
05 Approval to settlement
Conditional approval, valuation, formal approval, documents, settlement. George stays on the file the whole way. No junior handoff.
If we're not a fit, you've still had a useful conversation. Some deals belong with your existing bank, and you should know that early.
On tax we stay in our lane. Depreciation, the instant asset write-off and GST treatment are your accountant’s call, and the rules sit with the ATO. What we can tell you is how a finance structure interacts with them.
Who we are
Built the way a credit analyst reads it.
Who you're dealing with: Black Mountain Financial Pty Ltd. ABN 95 688 300 512. Australian Credit Licence 570391. Credit representative of Connective Credit Services, ACL 389328.
George Popadalis brings 20+ years across banking & finance to every file, from both sides of the credit desk. The submissions are built the way a credit analyst reads them.
We build the capital behind Canberra.