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.
Allows for better management of current cashflow
Monthly repayments are 50% or lower than a standard loan.
“Hassle-free” small business finance with a low doc application.
Secured against recurring revenue so no property required as security.
Option to refinance the balloon at the end of term for an additional two years.
|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)|
|Additional features||At the end of the loan term:
||At the end of the loan term:
Any worthwhile business process