Privately owned financier No influence from bankers or other conflicting parties
Privately owned financier No influence from bankers or other conflicting parties
Purpose of loan for any worthwhile commercial purpose $35,000 > $250,000
Supply working capital
Pay creditors
Pay tax arrears
Retire bank debt
Free up personal assets
Fund buy out of partners
Purchase additional equipment
Generate deposit to buy own building
Terms: 24 months to 60 months
Do acquisition loans up to 60 months
Do working capital loans up to 48 months
Do tax arrears loans up to 48 months
Requirements:
Need to demonstrate capacity to service going forward based on debts repaid and cash flow documented
Must have 3 years in business
Clean Credit Only
Good trades/finance references
At least One Director/borrower MUST be a property owner!
Director’s guarantees required
All Debts must be disclosed
QLD, NSW, VIC, SA Only
THIS PRODUCT HAS BEEN WITH-DRAWN DUE TO LACK OF FUNDING
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