Tailored Solutions For Your Business
YouGrow Investments and its Investors offer practical solutions to Australian Business Number (ABN) holders. We realise that every situation is unique, that is why we take the time to understand your dreams, goals and objectives.
Our tailored Business loans offer greater flexibility and faster processing times than traditional lenders so you can be on your way sooner!
Our clientele are as diverse as the Business loans that we create. If you can relate to any of the situations below then give us a call:
- Have a business opportunity that you would like to develop
- Need funds urgently for predominantly business purpose
- Looking to borrow against property value rather than purchase price
- Looking to start / complete a development / renovation project
- Have an ATO debt
- Are paying out business partners
- Currently credit impaired
- A new business that has been trading for less than two years
Call us on 1300 110 140 to get started today!
Our Business loans are of a short term duration, usually between 2-12 months.
We pride ourselves on our expedient service. We often have a response to your application within a few hours.
Typical loans are generally between $20k - $150k. Requirements outside of this range are considered on a case by case basis.
The banks will register a 1st mortgage to secure their position and require serviceability as their key gauge of viability. YouGrow’s area of focus is on your exit strategy. While the banks are less inclined to be flexible, we do our best to work with you to achieve your goals.
Just like a bank, YouGrow's Investors also need Security over the loan to ensure they are protected should the Borrower be unable to pay back the Loan. Security is usually in the form of a registered caveat and/or 1st or 2nd mortgage over a property. The property may be in the name of the Applicant, or in the name of someone else who is Guarantor over the loan.
Rates To Fit Your Circumstances
The interest rate depends on a number of variables:
- The Type of transaction and complexity involved
- The Security type and Equity position
- The Location of the security
- Repayment frequency – interest paid monthly or at expiry
- Exit strategy
First mortgage rates are 1.0 - 2.5% pcm (2-12 month duration)
Second mortgages are 2.5 – 3.5% pcm (2-12 month duration)
Caveat Finance may be granted to eligible applicants with rates from 3.5 - 5% pcm (2-6 month duration)
Contact us today on 1300 110 140 or fill in the form below to find out how our flexible solutions can work for you.