The Business Purchase and Business Refinance Loan

The Business Purchase Loan assists you in the purchase of a leasehold or franchise business with goodwill that is secured by business and/or property assets. Product features include:

  • Loan amounts can be secured to a maximum of up to 50% of the value or purchase price of the business whichever is the lower.
  • Loan amounts can be 100% of the purchase price of a business with additional real estate or other acceptable security.
  • Terms up to 30 years for secured property loans to 80% of loan to valuation ratio.

The benefits of Business Loans are:

  • Assets other than the family home can be used to borrow against.
  • All interest payments are fully tax deductible (refer to your tax accountant for specific information)

Some businesses requiring loans include:

  • Child Care Centre's
  • Licensed Grocery
  • Hotels/Motels
  • Newsagencies
  • Restaurants / cafes
  • Mixed Business
  • Tattslotto Agencies
  • Post Office Agencies
  • Nursing and Special Accommodation Homes
  • Manufacturing and Retail Business's

Contact Chocolate Money today to find out more about Business Purchase Loans.

Other Business Loan Options are:

Business Loan Articles

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