Short Term Loans

Our Short Term Loans

NWC Finance specialises in arranging short term loans for both individuals and businesses.

Whether it’s to cover an unexpected business expense, fund business growth, manage cash flow or take advantage of a new investment opportunity, our short term loans are designed to meet your urgent borrowing requirements.

Flexible terms. Fast turnaround.
Our terms range from one month to six months and all applications are considered regardless of poor credit history or previous loan defaults. We do however require an asset as security for your loan, as this allows us to fast-track approval and settlement.

With quick turnaround, competitive interest rates and direct access to a large pool of funds, NWC Finance is the smart choice for your immediate cash flow requirements.

 

Why use Nationwide?

Previous Credit Issues: Unpaid defaults and Poor Cash Flow problems can be “favorably mitigated” against acceptable security /equity.

  • We are traditional “No Doc” Equity Lenders
  • We are “Self Funded”  financiers
  • We are leaders in providing “Non Coded” Loans
  • Our “In House Assesment” means faster approvals – Letters of Offer are generally issued within the hour
  • A variety of security is acceptable including Real Estate Security and “Large Ticket Items” such as motor boats, yachts and cars
  • Settlements can occur within 24 hours
  • Nationwide Capital accepts security “Australia Wide” –  and accepts “Specialised Security” that mainstream lenders will not.

 

Who can Nationwide Assist?

  • Cannot produce Tax Returns / BAS Statements for “traditional” credit assesment
  • Are looking for “Business related” Finance
  • Are Credit impaired – Paid and / or Unpaid
  • Have outstanding unpaid “Business Related” ATO Debts
  • Are in part 10 / Bankruptcy / Liquidation – or about to enter into the same
  • Have business related “Cash Flow” problems
  • Need to settle within 5 business days
  • Cannot settle on time due to slow procedures from “traditional” Lenders
  • Need “commercial bridging finance” up to a maximum term of 6 months
  • Only have Motor boats, Cars and Yachts as security
  • Have a loan scenario that is deemed to be not “Coded”
  • Settle up to $2 Million Dollars in the same day from application to settlement

Product Guide

1st Mortgages

  • Loans from $10,000 – $10,000,000
  • Up to 70% LVR Max
  • Interest rate from 2% per month

2nd Mortgages

  • Loans from $10,000 – $5,000,000
  • Up to 70% LVR Max
  • Interest rate from 2% per month

Cash Advance

  • Loans from $10,000 to $1,000,000
  • Upto 60% LVR on wholesale value against “Large Ticket” items
  • Interest rate from 2% per month

Plant & Equipment

  • Loans from $10,000 – $1,000,000
  • Up to 70% LVR Max
  • Interest rate from 2% per month

All Loans

  • Minimum term 30 days
  • Up to a maximum term 6 months with roll over
  • Interest can be capitalised within LVR guidelines
  • All Australian locations considered for 1st and 2nd mortgages and Plant and Equipment security
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