The Balloon Booster story

We know that right now many small businesses need a short-term cashflow boost. That’s why we have designed a low repayment loan for mortgage brokers and financial planners who want to manage cashflow to maximise working capital when they need it most.

Benefits

Cashflow

Allows for better management of current cashflow

Repayments

Monthly repayments are 50% or lower than a standard loan.

Low doc

“Hassle-free” small business finance with a low doc application.

Unsecured

Secured against recurring revenue so no property required as security.

Refinance

Option to refinance the balloon at the end of term for an additional two years.

A Balloon Booster Loan, In A Nutshell

Particulars Mortgage brokers Financial planners
Loan amount $30,000 to $1.3 million $30,000 to $900,000
Loan term (max.) 3 years 2 years
Amortisation (max.) 6 years 5 years
LVR Up to 75.00% Up to 66.66%
Interest rate From 11.5% (plus fees) From 11.5% (plus fees)
Repayments Monthly Monthly
Additional features At the end of the loan term:

  • Pay out the balloon
  • Roll it into a 2-year loan
At the end of the loan term:

  • Pay out the balloon
  • Roll it into a 2 or 3-year loan

Purpose

Any worthwhile business process

Acquisition funding

Dept consolidation

Business expansion

Buying out a partner

Working capital

For a confidential conversation please contact Georgette Godbolt,
National Sales Manager

Enquire now

Whether you’re a mortgage broker, financial planner, real estate agent, accountant or equipment rental broker, we can support your business goals and needs.

Contact Us

Suite 401, Level 4, 59-75 Grafton Street, Bondi Junction NSW 2022

1300 139 003

[email protected]