A non-conforming business loan is a loan that does not meet the normal banks or lenders’ criteria approval. Reasons can include:

1. 1. bad credit;
   2. unusual asset used as a security / collateral for the loan;
   3. insufficient income;
   4. larger loan amount; or
   5. higher loan to value ratio.

Non-conforming business loans can be arranged for things like:

1. 1. Financing tax debt;
   2. Financing unusual / specialized plant or equipment;
   3. Financing older plan or equipment;
   4. Financing startups or business acquisitions; or
   5. Financing cash flow / working capital using the equity in unencumbered plant & equipment.

The preferred loan to value ratio range for non-conforming loans is between 75% – 85%.

Loan terms / length available for non-conforming loans are between 12 months – 60 months.

The proof of income required for these non-conforming loans includes: recent financials, personal tax returns, Business Activity Statement (BAS) or management accounts.

This is not a Lo Doc Loan.

Non-conforming loans of between $25,000 to $750,000 are available.

Up to 30% residual value may be required depending on the proposal.

The interest rate will vary depending on the situation. The base rate range is 16.0% to 19.5% depending on the variables of the proposal.

There is no application fee. However, there is a documentation fee of a minimum of $600.00 on acceptance.