Fast Working Capital

Overview
It is a financial solution to your working capital and trade credit insurance needs. Firm Finance provides 90% funding against your Accounts Receivable and then assume the risk of your customers not paying.
• If your customer can’t pay. Firm Finance takes the risk. It’s Cash without Claw back.
• Firstly it provides a flexible line of credit linked to your accounts receivable

Target
Any type of corporate structure, example: sole trader; partnership; trust; private or public company

Loan Purpose	Any well established and clear credit history business whom sells to other businesses with excellent management capability
Loan Features	• Better collection of accounts through utilizing Firm Finance expert credit staff & systems. • Better credit control and minimisation of bad debts through Oxford’s state of the art credit checking and monitoring facilities and expertise in setting credit limits. • Minimizing administration, eg payment reconciliations, banking time, paperwork, sending accounts to debtors etc.
Loan Products	• No need to wait until the goods has been physically delivered.
Minimum Loan Size	$520,000 per annum (Subject to the loan scenario )
Maximum Loan size	$10M per annum (Subject to the loan scenario )
Loan to Value Ratio	• 80-90%
Minimum Loan Terms	1-5 year
Maximum Loan Terms	10 years
Loan Repayment Frequency	Required
Additional Repayment	Not required
Loan statements	Issued Half Yearly (But you can ask us when required we will mail them to you charges apply).
Documentation Required	Subject to the loan purpose, please call 1300 790 909 for more details
Financial Information	Subject to the financial statements covering the last 12 months
Qualifying Interest Rate	Please call our consultant on 1300 790 909 for more details
Other Conditions	Any well established and clear credit history business whom sells to other businesses with excellent management capability with 2yrs in business