Overview
• Firm Finance knows that you don’t always have time to produce complicated financial reports? And If you do it might or may not satisfy your Banker.
• Firm Finance can assist you with private funding in achieving your goals and releasing your stress and frustration.
Target
Individuals (PAYG or self-employed), Companies, Partnerships or Trusts
| Loan Purpose |
Loans considered for direct purchase, refinance, debit consolidation and construction being residential and investment. Facility not regulated by the UCCC |
|
Loan Features |
Quick ready and fast settlement with no much fuss Owner Builder welcome |
|
Loan Products |
Short period with exit strategies |
|
Minimum Loan Size |
$50,000 (Subject to the loan scenario and to the LVR) Double security |
|
Maximum Loan size |
$15,000,000 (Subject to the loan scenario and to the LVR) Single security |
|
Loan to Value Ratio |
Up to 80% (Lo Doc ) subject to loan scenario metro and regional |
|
Minimum Loan Terms |
6 Months |
|
Maximum Loan Terms |
5 years |
|
Loan Repayment Frequency |
Monthly In advance and arrears payment available subject to applicant strengths |
|
Security Type |
A. Residential commercial industrial vacant land and rural residential being occupier, investment Properties must be located in Australia (QLD, NSW, VIC, ACT). |
|
Redraw Available |
No |
|
Split Loan Available |
No |
|
Dynamic Repayment |
No |
|
Additional Repayment |
Principal reductions accepted with minimum of $5,000 each time allowed |
|
Loan statements |
No |
|
Documentation Required |
Subject to the loan purpose, please call 1300 790 909 for more details |
|
Financial Information |
Borrowers who can demonstrate serviceability by way of exit strategies or with up to date detailed financial statements covering the last 12 months |
|
Qualifying Interest Rate |
Please call our consultant on 1300 790 909 for more details |
|
Other Conditions |
• Prime loans Borrowers must demonstrate serviceability |
