GENERAL FUNDING TERMS
Equilinx has access to a number of both domestic and international non-banking sources of finance with varying funding criterion.
Equilinx will access which will best suite the project specifics and the funder’s requirements after reviewing project requirements. The following should be taken as a guide only as each project is assessed on its individual merits:
| Minimum Amount | $10m AUD
|
|---|---|
| Maximum Amount | No Limit
|
| Term
Minimum Maximum |
Depending on the project requirements:
|
| Interest Rate | 6% - 9% +
|
| GRV (Property Projects) |
65% - 75% (Subject to securities)
|
| Pre-Sales (Property Projects) |
Depending on project characteristics: 0% - 60% (Subject to securities)
|
| Interest Payments | Flexible: Structured to meet project characteristics
|
| Loan Repayments | Flexible: Structured to meet project characteristics
|
| Project Requirements | Project specific
|
| Project Documentation | Documentation list provided by EQUILINX (project specific)
|
| Guarantees/Securities | First or Second Mortgage and/or FFCC may require personal guarantees and/or Financial Guarantee (Bond).
|
| EQUILINX Fees & Charges | EQUILINX works on a Success Fee basis. A detailed proposal is prepared by EQUILINX for each Client/Project.
|
| NOTE: The above terms and conditions may change at anytime without notice.
|
