This product is available as an option to finance either short or long term finance needs. The product should be considered in concert with the Business Loan options, and allow for a significant injection of cash, above an amount of $100,000.
Purpose
Short or Long Term finance for an approved commercial or investment purpose.
Variable Rate
Offers the flexibility to choose a Variable Option to allow for bulk sum reductions in line with your cash flow receipt of funds.
Fixed Rate
Loan Repayments in arrears or advance - Allows you to plan loan repayments to better suit your cash flow and budget requirements. This will regulate your cash flow for the specified term.
Loan Amounts
Minimum $100,000, no Maximum, in multiples of $5,000.
Repayment Terms
30, 60, 90, 120, 180 days or longer if required.
Security
Fully secured by commercial, Retail, Industrial and Residential Property.
Repayment Options
The face value of the Bill is repaid at the end of each rollover period.
Loan Terms
On application, from 30 days to 5 years.
Disclaimer: Subject to Bank/Lenders terms and conditions. Fee may apply.