|
As Vision Scope specialises in Short Term Finance, we approve applications internally. Taking into consideration a wide range of scenarios and securities we understand individual circumstances and have a great appreciated for your financial needs. When you have time to talk, why not give us a call or set up a meeting to discuss our variety of financing options for your clients
| Target Market |
Short Term Finance for
- Small - Medium businesses
- Property Investors |
| Purpose |
Business/investment purposes |
| Acceptable Security & Locations |
Registered 1st & 2nd mortgages over
- Residential
- Commercial &
- Industrial Properties |
| Exit Strategy |
Example of Exit Strategies include:
- Refinance
- Sale of Property
- Sale of other assets
- Cash Flow
Exit Strategies assist in the quality of a secure loan |
| Acceptable Locations |
Austalia Wide - with populations greater than 10,000 |
| Valuations |
Approved by Vision Scope |
| Documentation |
Bank Statements, ID, Applilcation Form, Evidence of Exit Strategy |
| Features |
| LVR |
- Residentail,
- Commercial & Industrial |
80.00%
70.00% |
| Loan Amount |
$10,000 - $3,000,000 |
| Terms |
Up to 6 months |
| Interest (Indicative) |
3% - 6% per month |
| Interest Type |
Fixed, interest only |
| Interest Payment |
Deducted and capitalised from loan amount at settlement |
| Establishment Fee |
1% - 5% assessed on application dependent on loan amount, exit strategy etc. |
| Discharge fee |
NIL |
| Early Repayment Fee (ERF) |
NIL |
| Commission |
Brokers may mandade up to 5% |
| Valuation |
At cost to client |
| Legal Fees |
Quoted Individually |
|