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MoneyTech

SKU: a04d513f2795 Categories: ,

Profile

Department Name

Trade & Debtor Finance

Minimum Interest Rate (% pa)

07% to 08%

Maximum Interest Rate (% pa)

12% to 13%

Loan to Value Ratio

Up to 90% on residential properties & 80% on commercial properties (on trade finance if property security required)

Excluded Loans

Progress claims

Security Structures

Debtor Finance – usually at least first ranking GSA over debtors. Can be Director/Shareholder Personal Guarantees

Minimum Loan Tenor (months)

12

Maximum Loan Tenor (months)

24

Minimum Loan Size ($)

50,000

Maximum Loan Size ($)

20,000,000

Business Loan

Receivables Finance

Lender Credit License

Yes

Product Sheet

MoneyTechProduct Sheet

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