At Connective Advance we are dedicated to providing practical financial solutions, ensuring that businesses and investors can access the capital they require to meet their needs in an ever-changing environment.
We're excited to announce two new short term, easy servicing loan products, as well as an increase to our Commercial Max and SMSF Commercial Max loan limits.
Assist your clients with a short-term loan (minimum 3 months, maximum 3 years*) to support their business needs. These products^ offer flexible servicing parameters including a no minimum ICR requirement and no LMI or title insurance.
Acceptable securities: residential, commercial or specialised properties.
Purpose includes: business investment, business equipment purchase, working capital, line of credit, debt consolidation.
^Not available for regulated (NCCP) facilities
Acceptable securities: developments >5 units and <35 units with <50% retained - concentration risks apply.
Purpose includes: property purchase, refinance, debt consolidation.
^Not available for regulated (NCCP) facilities
Your clients can now borrow up to $8M with Commercial Max and SMSF Commercial Max, offering them greater financial flexibility than ever before.
Here's a snapshot of the key policy information:
| Commercial Max $8M Full Doc | SMSF Commercial Max $8M |
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If you would like further information on any of these products or have a scenario to workshop, please contact your CHL BDM or book a meeting here.
