Why Smart Businesses Plan Ahead One of the biggest mistakes business owners make is waiting until they need financing before seeking a loan. By that point, options may be limited, approvals can take longer and financial stress can impact decision-making. At Prime Finance, we recently worked with a client who took a proactive approach. Over […]
WHY COME TO PRIME FINANCE? âś“ No Risk fee âś“ No Line fee âś“ No monthly management fee âś“ No annual reviews âś“ No regular property revaluations âś“ Fast Settlement âś“ Quick Assessment âś“ Deal direct with the lender âś“ Competitive Rates âś“ Up to 80% LVR âś“ SMSF Loans ALL LOCATIONS CONSIDEREDÂ ACCEPTABLE SECURITY: […]
Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $150,000.00 for 6Â months to refinance a business loan. Solution: Prime Finance did this as a 2nd mortgage and settled in 7 days. The LVR was around 75% and a valuation was required. Short Term Finance, we’ll do it! […]
Prime Finance is still lending through these tough times. As Covid19 has been taking a toll on businesses everywhere, we see the brokers working hard for their clients to improve their financial struggles. Prime Finance has been providing funding for working capital to boost businesses and provide security buffers in these times. We have also been focussed on our relationship with […]
Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $60,000.00 for 4 months to refinance a business loan. Solution: Prime Finance did this as a 2nd mortgage and settled in 7 days. The LVR was around 70% and a valuation was required.
Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $60,000.00 for 4Â months for cash flow.. Solution: Prime Finance did this as a 2nd mortgage and settled in 7 days. The LVR was around 65% and a valuation was required. Try to figure out the solution of […]
Scenario: Prime Finance was approached by a broker who had a builder needing short term funding of $1,750,000.00 for 4 months on a house and land package in NSW. Solution: Prime Finance did this as a 1st mortgage and settled within 4 business days. The construction of the dwelling will be done in several drawdowns. The LVR was around 65%. Valuation was required. Visit […]
Scenario: Prime Finance was approached by a broker who had a builder needing short term funding of $450,000.00 for 2 months on a house and land package in NSW. Solution: Prime Finance did this as a 1st mortgage and settled within 5 business days. The LVR was around 65%. Valuation was not required, went off sale contract. Visit our website or send scenarios to loans@primefinance.com.au and find out […]
Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $200,000.00 for 4 months to refinance another private lender. Solution: Prime Finance did this as a 2nd mortgage and settled in 7 days. The LVR was around 70% and a valuation was required. Short Term Finance, we’ll […]
