At Prime Finance we specialise in short term business and investment finance & personal 60 day loans. We offer loans from $20,000 to $1,000,000. These funds must be used predominantly (more than 51%) for any business or investment purpose. We also have a 60 day loan for residential investment purposes.
*Companies and Trusts can borrow for any worthwhile purpose.
We are the only Australian company offering caveats and 2nd mortgages at 1% per month. Brokers, so why get your clients to pay 3-5% per month?Responsible lending laws still apply to short term loans.
Possible purposes are:
- Purchase of a business
- Purchase of new plant or equipment
- Purchase of stock
- Paying tax or other work related expenses eg. wages, legal fees, advertising etc
- Business repairs and maintenance
- Working capital
- Council approvals/Head works
- Bridging the unexpected “gap”
- Funding a commercial or industrial property purchase when the bank cannot settle in time
- Funding a residential investment property purchase where the property is to be owned in a trust or company name
