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BetterBusiness Loan Flexible Loan FacilityA BetterBusiness Loan (BBL) is a competitive core lending facility designed for clients who wish to access all the funds up-front or through a partial drawdown; have the choice of paying Interest Only or Principal and Interest; have a known set loan term and fixed monthly payment and the choice of a fixed or variable interest rateClick for more info Overdraft Flexible Cash Advances An Overdraft is designed for businesses with short-term working capital requirements to fund operational needs to an agreed service amount Click for more info Business Line of Credit Revolving Credit Line A Line of Credit loan provides businesses flexibility to cater to their changing needs and enables them to have access to funds up to an approved limit, with no need to renegotiate the loan or contact their Relationship Executive Click for more info Receivables Finance Working Capital Funding Receivables Finance is for businesses that would like to improve their cash flow by converting money that is owed to them into cash. To be eligible for this product the annual turnover of the business must equal or exceed $2 million (current or projected) Click for more info Trade Finance Facility Importing and Exporting Finance This product is suitable for any business that imports or exports raw materials or finished goods Click for more info

Requirements for Going Concerns

1. Acceptable Purpose Requirements

Eligible Applications
Going Concern refers to the situation where a real property (freehold or leasehold) is used to operate a business and the value reflects the expected future earnings of this business. The Bank finances commercial lending facilities for various types of “going concern” businesses including:

Abattoirs
Boarding and guest houses
Caravan parks
Child care centers, kindergartens and preschool
Funeral parlors
Golf clubs
Hospitals
Hostels
Hotels (all types)
Liquor stores
Marinas
Mines and quarries
Motels
News agencies
Nursing homes
Petrol and service stations
Purpose built retail food outlets (e.g. KFC, McDonalds)
Reception centers
Resorts
Self storage facilities
Serviced or managed apartment complexes
Supported residential service facilities
Taverns

For Franchises, please contact us for a list of the Bank's accredited franchise systems and maximum LVRs.

2. Income / Capacity Requirements

Credit exposures will only be approved where a review of the latest available historical or projected performance data shows a capacity to meet commitments on a timely basis.

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