What are the features of unsecured cash flow loans?

What are business cash flow loans?
May 21, 2020
What is Invoice Finance?
May 21, 2020
What are business cash flow loans?
May 21, 2020
What is Invoice Finance?
May 21, 2020
  • Firstly, 1-36 month loan terms, however, most loan terms are 12 months.
  • Secondly, income assessed by the lender accessing online accounting software or bank statements.
  • Thirdly, income assessed by profit and loss, financials, or bank statements.
  • Also, no property security required, however, PPSR security required.
  • Importantly, the loan facility can be in a company name.
  • Plus, lines of credit are also available where you pay interest only on the money you use.
  • Keep in mind, cash flow loan amounts available from 80%-200% of monthly cash flow.
  • Bad Credit is not usually acceptable. However, credit issues can be reviewed and approved as an exception.
  • Finally, there is no mortgage security; consequently, unsecured finance can settle in as little as two days.