There is a wide range of available products designed to assist with the purchase of a news agency business and also for ongoing financing requirements.

Listed below are some of the more commonly used products by Newsagents:

Loan Products available

* Loan secured against leasehold Newsagency business (max. 60% LVR*)

 

* Loan secured against freehold newsagency business (max. 70% LVR*)

 

* Commercial Property secured loans (max. 75% LVR*)

 

* Business Loan secured by residential property (max. 80% LVR*)

 

* Overdraft facilities for ongoing working capital

 

* Guarantee facilities for rental and supplier bonds

 

* POS system finance for purchase of new POS systems

 

* Shop fit finance for purchase of new shop fit outs

 

* Credit Card Advances for small working capital loans for retailers

 

* Vehicle leasing for delivery and other business vehicles

 

* Insurance Premium funding fund insurance over longer terms

 

* Home & Investment loans for purchase or refinance

 

________________* all LVRs are subject to conditions

 

Part of our role is to listen carefully to what our clients needs are and then tailor loan facilities to match these needs. To do this, we use our panel of over40 lenders (including major Banks, Regional Banks, institutional funders and finance companies).

Areas we consider when preparing a tailored loan proposal are:

* Product pricing (ie. Interest rates, fees, etc)

* Loan repayment terms—which is influenced by the security being provided

* Borrowers current financial situation, credit history, working background

* Matching loans to security offered which can reduce interest rates and repayments

* Ensuring loan repayments fit within the available income of the business

______?(plus any other external income sources)

* Size, nature & location of the news agency business— lenders have different credit criteria

* Have sufficient allowances been made for purchase costs and ongoing working capital

  

We do not think a one size fits all approach is the right way to do business lending and we use our

experience and knowledge of available products to ensure that clients are provided with the right

finance to meet their needs now and in to the future.

 

Need a business loan quote? Give us a call now on (02) 6368 7161 or send an email

_______________________to:  admin@newsagencyfinance.com.au
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NewsagencyFinance.com.au

Finance for your Newsagency Business