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
  • Council approvals/Head works
  • Bridging the unexpected “gap”
  • Fund a commercial or industrial property purchase whether the bank cannot settle in time
  • Fund a residential investment property purchase where the property is to be owned in a trust or company name

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

The Security

  • Assetline Capital’s loans require a form of security.