Loan Amount |
Generally $50k to $300k- Incorporated Entities only |
Purpose/Security |
Vendor or Purchaser finance to acquire an established, profitable Business, Franchise Outlet, fit-out, Plant & Equipment and related working capital – max 70% LVR with minimum equity contribution 30% via cash equity and/or real property security (Caveat, 1st or 2nd Mortgage) |
Term/Repayments |
6 months to 5 years – Monthly Principal and Interest repayments and or interest only/hybrid structures with No early repayment costs |
Interest Rates |
Risk Priced – 12% p.a. to 20% p.a. based on our proprietary risk score card |
Fees |
Up to 6% establishment and arrangement fees (capitalised, if required, into the loan amount) – based on the risk profile, term, purpose and loan type. Ongoing management fees commencing from 0.25% p.m. |