Loan Guidelines

What does Assetline Capital look at when assessing a loan?

The Purpose

• The loan purpose must be predominantly for any worthwhile business and or investment purpose other than personal residential investment.
  Possible purposes are:
• Purchase a business
• Buy new plant or equipment
• Buy stock
• Pay tax or other work related expenses eg. wages, legal fees, advertising etc
• Business repairs and maintenance
• Working capital
• Bridging the unexpected “gap”
• Fund a commercial or industrial property purchase whether the bank cannot settle in time
• Fund an investment property purchase
• Funding a Shortfall in Transfer Duties

The Security

• Assetline Capital’s loans require a form of security, this could be in the form of an unbonded property or fully paid moveable asset

The Exit

• Assetline Capital requires an acceptable exit strategy for how the loan is to be repaid
• Possible exit strategies are:
• Refinance
• Sale of Asset/Stock
• Working Capital
• Inheritance
• Outstanding Work / Invoices