There are a wide range of financial products and approaches available. We will help you choose the right approach and financial solution based on your business goals and financial situation.
We will work with you as your business partner and as your trusted independent advisor to make sure you get the best possible outcome.
Commercial Term Loan Facilities
A commercial term loan or business loan is for a specific amount, which has a specified repayment schedule and interest rate. Interest rates may be fixed or variable. These types of loans may also have a monthly or quarterly account maintenance fee.
Term loans are generally used to purchase fixed assets with a long life span (e.g. property and buildings). They can also be used to refinance and consolidate existing debts, fund permanent working capital requirements, etc.
Development Loan Facilities
A development loan is a short term facility that has a defined clearance source. Interest rates are typically variable. The facility will also usually have a line fee, which is payable on the limit amount that is approved.
Development Loans are typically used to fund construction projects with clearance at the end of the project via the sale of the developed asset (e.g. units) or refinance onto a term facility.
Flexible Unsecured Business Loans
We are now able to offer you flexible business loans for any business purpose with the funds deposited directly into your business account.
You can borrow between $5,000 – $500,000 for terms from 3 – 12 months, with simple application process and fast turnaround – typically the monies will be in your account within 24 hours.
Use the funds for any business purpose, with simple fixed repayments evenly spread over the loan term.
Overdrafts are a line of credit facility primarily used to fund working capital assets (stock and accounts receivable) and fluctuations in business cash flows.
Interest rates are variable in nature and there is also typically a line of facility fee charged on the overdraft limit. Overdrafts offer flexibility however can be more expensive that other forms of business finance.
Receivable / Debtor / Invoice / Domestic Trade Finance
This type of finance is becoming more common and is known by a number of different names. A business uses its receivables (money owing) as security to obtain finance for working capital or to free up cash for other purposes.
Financiers will advance funds at a pre-determined percentage against the receivable/invoice. If a business has receivables from Government or large highly rated corporations, this can be a very cost effective and efficient form of funding.
International or Domestic Trade Finance
International Trade finance refers to the various forms of finance and facilities used to assist with importation of goods or assets from overseas.
These include letters of credit, foreign currency loans, etc.
Transaction Banking and Cash Management Products
These types of products include:
- Business / Cheque Accounts
- Cash Management / Investment Accounts
- Term Deposits
- Business or Corporate Credit Cards
- Electronic or Internet Banking Systems
- Merchant Services (eftpos)