Posts in the Westpac Category at Sydney Mortgage Brokers MortgageCorp

admin — Fri, 09 Oct 2009 05:04:09 +0000

Westpac Bank Bill Business loans are bills with competitive rates that are reset at either 30,60,90, 120, 150 or 180 day periods

Purpose

Buying or expanding a new business;

buying an investment property; property

development; buying new plant and

equipment; refinancing an existing loan;

for those who want bill pricing on a term

loan

Buying or expanding a new business;
buying an investment property; property
development; buying new plant and
equipment; refinancing an existing loan;
for those who want bill pricing on a term loan

Loan Size

Minimum $250,000

No Maximum

Repayment Term

Upto 25 years for residential, 15 years for commercial and 10 years for other security.

Repayment Basis

Principal, interest and fees
Principal plus interest and fees
Interest only up to 25 years
Interest only in advance – fixed rate

Frequency

Monthly, Quarterly, Half yearly, Annually (principal only)

Scheduled months of March, June, Sept December for non monthly

Loan establishment fee

Yes $820 for Residential or $820 + 0.6% for amount over $100k for other

Contact Mike Nicholls on 0411 222 551 for your specific requirements.

Westpac Bank Bill Business Loans is a post from: Sydney Mortgage Brokers MortgageCorp

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Posts in the Westpac Category at Sydney Mortgage Brokers MortgageCorp

admin — Fri, 09 Oct 2009 04:58:47 +0000

Buying or expanding a new business;

buying an investment property; property

development; buying new plant and

equipment; refinancing an existing loan

Westpac Business Loans can be used for the following purposes

Buying or expanding a new business
Buying an investment property
Property development
Buying new plant and equipment
Refinancing an existing loan

Loan Size

Minimum $20,000

No Maximum

Repayment Term

Upto 25 years for residential, 15 years for commercial and 10 years for interest only.

Repayment Basis

Principal, interest and fees
Principal plus interest and fees
Interest only up to 25 years
Interest only in advance – fixed rate

Frequency

Monthly, Quarterly, Half yearly, Annually

(principal only)

(Scheduled months of March, June, Sept,

December for non monthly)

Loan establishment fee

Yes $820 for Residential or $820 + 0.6%

for amount over $100k for other

Contact Mike Nicholls on 0411 222 551 for your specific requirements.

Westpac Business Loan is a post from: Sydney Mortgage Brokers MortgageCorp

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