Snapshot:

Facility sizes: $50,000 – $5,000,000
Maximum LVR: 75%
Maximum term: 2 years (24 months)
First mortgage rate: From 7.99% per annum
Caveat/Second mortgage rate: From 1.5% per month
Purpose: Refinancing (defaults, end of term), bridge (rapid equity release), ATO debts, non-residents, etc

Stak partners are enjoying a higher than expected volume of short-term funding inquiries since the credit tightening.

We’re predominantly seeing working capital being raised for short-term business purposes or refinancing/consolidating existing debts.

Snapshot:

Here are some common uses for our funding:

• Bridging capital gaps for property settlements
• Refinancing existing high-cost lenders
• Working capital (purchase stock, increase sales)
• Expand current business
• Payoff Business credit cards
• Equipment acquisition
• Maintenance or upgrade of existing systems or equipment
• R&D or the purchase of IP
• Acquisition of additional business
• Starting up an additional business
• Trade Finance
• Purchase of premises
• Refinance
• Equity release, reimburse owners funds
• ATO liability
• Employee wages & super

Client seeking funding without equity for working capital? Ask about our structured inventory financing programs for importers and exporters.

Looking to partner with Stak?

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Stak works with clients that sell to some of the largest buyers in Australia & overseas.