Commercial & Business Lending

Introduction

Intrepid Finance can advise on commercial and business lending with access to the best business loan products to fund your business growth and finance business initiatives. You have a choice of repayment options to suit your cash flow requirements as well as the choice of fixed or variable interest rates. The right structure for commercial and business lending is critical to support your business growth. There are many benefits to renting or leasing your plant and equipment including:

Fixed rate

For loans with terms of between one and seven years. Offers the security of fixed payments and security from upward rate movements. The fixed rate is residentially secured with interest rates linked to the home loan interest rates and terms of between one and five years.

Variable rates

Provides the flexibility to make and redraw funds paid in addition to the minimum loan repayments. This rate benefits from any downward movements in interest rates.

There is the flexibility in commercial and business lending to:

• Switch from fixed to variable rate at the end of a fixed rate period

• Switch to a fixed rate at any time from variable rate

• Make interest only or interest and principal repayments, and

• Select loan terms from one to 30 years.

Intrepid Finance has specific industry experience and expertise to assist with a range of property developments from industrial and commercial to residential and recreational.

Some areas we can assist with are:

• Strata title offices

• Industrial warehouses

• Retail outlets

• Franchises

• Specialised securities

• Holiday let apartments

• Working capital finance

• Factories, shops and vacant land

Depending on the development we can typically arrange a development loan for up to 70% of the gross value of the property, and even up to 100% on the total development cost (depending on the strength of the development).

Cash flow funding is a facility to provide your business with funding outstanding invoices giving quick access to the proceeds of approved credit sales, often within 24 hours of processing the invoices. Short term funding is also available by offering the equity in property without any need to refinance the property.

This facility is ideal for financing the needs of well managed and financially sound businesses. It is fully confidential with all existing collection and customer relationship functions retained by the business.

Benefits:

• Removes the need to offer discounts to customers for early settlement of accounts

• Generates significant profits from potentially accessing supplier discounts for early payment

Accelerates cash flow by receiving payments sooner and making more effective use of available working capital.

Intrepid Finance can assist with structuring financing solutions for commercial and residential property development.

We can organise construction and development finance to provide creative and strategic alternatives to traditional development finance to maximise the return on your investment. If you are looking to finance any type of development, equity funding, loan restructuring or refinancing or asset acquisition, call us to find out how we can help.

In today’s modern world a number of known brands and even many lesser known brands have franchised operations and provide opportunity for business owners to enter into business based on a tried and proven business.

Most banks now have franchise loans wherein they will extend some security value against the ‘brand’ of a franchise. This may mean clients need not necessarily provide as much security as the business will have an underlying value that a bank will rely upon. This value does not normally exist with other business types outside the franchise systems.

We are well versed with finance for franchises and aware of what packages are available via different financial institutions. Even some lesser known franchises can still be financed and we are well placed to assist.

Low doc and no doc loans were created to cater for the self employed or small business owners who are unable to prove their income. There is usually limited documentation required for this type of application and the interest rates are typically higher as the lending institution are taking more risk by lending finance without normal evidence. Clients are required to complete a declaration that they can afford the repayments. Variable or fixed rates are available for these loans.

These loans help those clients who have had issues with finances, mainly due to unexpected changes in circumstances, eg temporary unemployment or short term inability to pay debts. We can identify the lenders who can match your personal circumstances. The value of your property and your capacity to repay will determine a non conforming loan, however these loans can attract a higher than normal interest rate.

Whether your business is large or small, whatever industry you are in, our commercial and business finance team can help with all types of operating leases and equipment rental. Because we take the time to listen and understand your business and asset strategy, we can structure the deal according to your objectives. This gives you the flexibility to grow without excessive strain on the lifeblood of your business – your cash.