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Panel Shop Facility

repair shop

Overview
• Panel Shop Factoring is a financial solution to both your working capital and debtor administration needs Firm Finance provides a notification factoring service i.e. debtors will send payments on invoices factored direct to Firm Finance
• Your company can factor approved insurance companies & corporate fleet clients through our service.

Target
Panel beater work shop

Loan Purpose

Well established and clear credit history business

Loan Features

• You forward invoices to Firm Finance together with supporting documents as required in pre-paid envelopes supplied by Firm Finances
• Our lender accepts invoices and pays an agreed percentage of funds by Electronic Funds Transfer to your bank account usually within 24 hours of initial receipt. For a small fee you can receive funds within 2 hours.

Loan Products

No need to wait until the goods have been physically delivered.

Minimum Loan Size

$100,000 per annum (Subject to the loan scenario )

Maximum Loan size

$5M per annum (Subject to the loan scenario )

Loan to Value Ratio

100%

Minimum Loan Terms

1 year

Maximum Loan Terms

10 years

Security Type

Must be provided

Loan statements

Issued Half Yearly (But you can ask us when required we will mail them to you charges apply).

Documentation Required

Subject to the loan purpose, please call 1300 790 909 for more details

Financial Information

Subject to the financial statements covering the last 12 months

Qualifying Interest Rate

Please call our consultant on 1300 790 909 for more details

Other Conditions

Any well established and clear credit history business whom sells to other businesses with excellent management capability  with 2yrs in business


Address

FIRM FINANCE PTY LTD.

Level 2 / 124 Exhibition Street
Melbourne VIC 3000
 
Phone: +613 9654 9090
Fax: +613 9654 9098
Mobile: +61 418 553 009

Licence No 390620