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Capital Growth, in association with Westpac Bank, is pleased to provide you with access to competitive funding solutions for your clients currently investing in approved new agricultural projects, together with the option to refinance past projects.
Product Parameters
The Westpac TEI Funding Package is subject to several conditions and criteria:
- Minimum Loan Size: $50,000
- Term: 5 years interest only (can be reviewed at end of 5 years with new application)
- Letters of Finance under this scheme must include a clause advising commission payable to Capital Growth
- Package only available to Victorian residents at this time
Note: Full details of terms and conditions are available on application.
All loans are subject to the lender's normal lending criteria. Interest rates are subject to change and margins may apply.
Approved Pricing Structures
| Loan Amount |
Loan Type |
Term |
Interest Rate* |
| < $100,000 |
Variable Rate |
varied |
11.20% |
| $50,000 - $74,999 |
Fixed Rate |
1 year |
12.15% |
| $50,000 - $74,999 |
Fixed Rate |
2 - 5 years |
11.30% |
| $75,000 - $99,999 |
Fixed Rate |
1 year |
11.15% |
| $75,000 - $99,999 |
Fixed Rate |
2 - 5 years |
10.50% |
| > $100,000 |
Variable Rate |
varied |
10.70% |
| > $100,000 |
Fixed Rate |
1 year |
10.45% |
| > $100,000 |
Fixed Rate |
2 - 4 years |
10.20% |
| $100,000 - $124,999 |
Fixed Rate |
5 years |
10.20% |
| > $125,000 |
Fixed Rate |
5 years |
10.15% |
* Rates are current as at 19th February 2007 and are subject to change without notice. Rates quoted are inclusive of the bank's margin rate.
Current rates can be accessed on Westpac's Business Banking internet site: http://www.westpac.com.au/internet/publish.nsf/Content/BBTR+Business+Finance+Rates
Whatever the finance requirements, Capital Growth can offer a smarter financial solution. Once you have determined your client's finance needs, simply contact your Capital Growth Account Manager who will arrange to talk with your client about their requirements and organize finance.
Your Capital Growth Account Manager will undertake all interview and application stages of the lending process and keep you and your clients informed right up to settlement.
Alternatively click here to submit an enquiry form. |
