AMOUNT:
$100K – $2M
PERIOD:
3 MONTHS - 24 MONTHS
CRITERIA:
Trading history of 3+ years
Company annual turnover of $10M+
A unique and ideal funding solution for businesses needing a cash injection for short-term needs or opportunities, offering the simplicity of a single, one-time repayment after 3 months.
Once the loan is approved, a one-time, all-inclusive interest charge equal to 10% of the loan amount will be calculated.
After the interest is calculated and the loan documentation is accepted and signed, you will receive your cash injection.
During the course of your loan period, no interim payments will be required.
After the 90 days, you repay the full loan amount plus the 10% interest amount.
Access to funding with no repayments for 90 days, at an all-in cost of 10%.
On day 90 you have the option to either settle the loan capital plus all-in 10% interest or convert this to a short-term loan with 13 repayments. The short-term loan’s interest is calculated on the utilised loan balance.
To find out more about the Opportunity Bridge Loan contact us today.
On day 90, you have the option to either settle the loan capital plus 10% interest or convert this to a short-term loan with 13 repayments. The short-term loan’s interest is calculated on the utilised loan balance.
