Build your business
To be able to perform competitively in this market and to operate effectively you need a solid cash flow, efficient equipment, and tight business processes. If you need finance to fund business equipment and processes then Bagg Financial is able to assist you to run as efficiently and effectively as possible.
Reasons for Finance
- Expansion
- Working Capital Funding
- New Plant & Equipment Acquisition
- Seasonal Cash Flow Requirements
- Upgrades - Maintenance - Repairs
- Refurbishment - Renovations
- Building, Land, Factory Purchases
- Taxation Benefits
Business types
Franchises, estate agencies,, wholesalers, manufacturing, professional services, import/export
WHAT YOU NEED
Serviceability
To gain approval for finance, we require the following:
- Profit and Loss Statement, balance sheets last 3 years
- Taxation returns for last 3 years
- Demonstrate the ability to service a proposed debt in addition to existing financial commitments
Security
Advances are generally limited to:
- 80% advance on residential asset security
- 70% - 75% advance on commercial asset security
Where advance is in a company name most lenders also require a Registered Mortgage Debenture over the company's assets plus personal guarantees from directors.
Our experienced business consultants will come to you.
Enquire Today!
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