Prime Finance market-leader short term caveat finance, delivered quickly. As one of leading short term and private mortgage lenders in Australia, Prime Finance offers caveat loans that are a great short term finance option for SMEs that: Requires working capital.
Prime Finance business loan product guides
1. Loans up to 1.5 million dollars
2. LVR up to 80% of as is value (terms and conditions apply)
3. Business loan rate is 1% per month
4. Loan term is 1 month to 3 years
Acceptable business loan securities
• Residential properties in metropolitan areas
• Rural / Residential properties (Population over 50,000)
• Commercial properties
• Industrial properties
• Vacant Land (in metropolitan areas only, LVR up to 80%)
• Development sites (subject to terms and conditions)
Flat interest rate 12% PA. The best rate in Australia for 2nd mortgages/caveats.