Investment Loans provide security and financial comfort in the knowledge that, depending on how you use this finance option you could;
- Create an added influx of cash flow that will provide peace of mind or;
- Provide you with security against creditors and begin the process of refinancing yourself in comfort.
Investment loans are provided to individuals or businesses that seek to buy more property. Using this finance option, these entities can use the loan to either refinance themselves with the equity in the property or buy further property to facilitate the rapid growth and expansion of the existing business.
Medium to large businesses will benefit the most from this finance option. It is important that the entity considering this option has a strong foundation from which an enterprise such as this can be supported long-term and the finance option remains a blessing, not a burden.
Generally speaking, this option will generate between $60,000 to $500,000 dependent on need, intention (are you refinancing or expanding?) and the short-term and long-term plans in place that set out how the finance will be structured. The repayment options here are often flexible, again, dependent on the intention of the entity and the structures they put in place.
If you are debt-free and have an untarnished credit history, the process to secure these funds independently range from 6 to 8 weeks from date of application.
Should you have ongoing issues with debt and/or have blemishes on your credit record, it is likely that this option will be unavailable unless you seek the assistance of a third party.