This is a related party loan, generally suitable for use:
- Between related entities within a group
- Between family members
- Where a Guarantor is required
- Where security is required over the assets of the Borrower, eg by way of a General Security Agreement or mortgage over real property
- In any jurisdiction in Australia
This loan is not suitable:
- For Div7A loans for 7 years or less
- For Div7A years for between 7 and 20 years
- For secured debt arrangements
- Where mezzanine terms are required
- For advance limits in excess of $5M (please seek our further advice)
- For unrelated parties (please seek our further advice)
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