Business Mortgage

A Business mortgage gives you the funds to buy a converted residential property, where a portion, or the entire property, will be used for business purposes.

What type of properties qualify for this type of loan?

  • Properties that have a consent use from the municipality where less than 50% of the property floor space will be used for business purposes.
  • Properties that have a business zoning from the municipality and 50% or more of the property floor space will be used for business purposes.

What type of businesses qualifiy for this type of loan?

  • Consulting rooms - doctors, dentists, physiotherapists, veterinarians, etc.
  • Professional rooms - architects, quantity surveyors, engineers, etc.
  • Home offices - attorneys, accountants, consultants, etc.
  • Home shops - hairdressers, beauticians, potters, etc.
  • Bed & Breakfasts/guesthouses
  • Home photography studios
  • Nursing schools/crèches
  • Home laundries

What is excluded from this type of loan?

  • Commercial, retail and industrial properties
  • Custom/purpose-built business properties
  • Schools, colleges and tertiary institutions
  • Agricultural buildings and structures
  • Places of public worship


  • You can borrow an amount of between R100 000 and R10 million
  • The repayment period can be up to 20 years
  • You can get a loan of up to 80% of the property's assessed value
  • You can link it to an AccessBond facility
  • It has a Further Advance facility
  • It has a Re-advance facility

Information and documents required

  • Offer to purchase
  • Complete income and expenditure statements
  • Current title deed (or certified copy)
  • Zoning letter from the municipality
  • Latest rates and taxes account
  • Letter of consent from the local authority (in the case of a crèche)
  • Health certificate (in the case of crèche)