
Overview
• This non disclosed and Confidential Debtor Finance is a financial facility is designed for working capital needs. With a flexible line of credit linked to your accounts receivable, leaving you to maintain full control of your debtors.
• Firstly it provides a flexible line of credit linked to your accounts receivable
• Secondly enables you to outsource your receivables administration.
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. |
Loan Products |
• No need to wait until the goods has been physically delivered. |
Minimum Loan Size |
$500,000 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 year |
Maximum Loan Terms |
10 years |
Security Type |
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 |