Selfco’s Equity Finance Loan

September 27th, 2022

A great way for borrowers to repair assets or use assets they already own to acquire additional assets.

Can also be used to top up security when buying goods which may not qualify for a loan on their own.

The purpose of the funds must be business related.

Example 1

Replace engine in truck. We will value the truck on the basis of it’s value after the new engine has been installed.

Example 2

Existing excavator provided as security to purchase an asset we would not normally lend against.

Example 3

Prime mover provided as security to fund the deposit and payments required to have a new trailer built.

Example 4

CNC machine provided as security for loan to pay for goods being purchased overseas, prior to shipment.

The Selfco Equity Finance Loan is a useful tool in helping people to navigate unusual situations.

You can see more, including your local BDM contact details here at selfco.com.au

Use the Contact Us page to order a log in to the Broker section. Here is our Rate Card Selfco Rate Card August 2022