Legal Practitioners/ Partners
Purpose: Purchase of practice, establishment of new practice, working capital, items of a capital expense nature and superannuation contributions
Maximum Loan Amount:
Business Lending: Up to 60% of gross fee income.
Consumer Lending: Up to 90% of market value
of partner’s primary residence.
Max. Loan Term:
Business: 10 years
Consumer: 30 years
Partner ship/ Firm: a floating Charge (including including charge over debtors and a Deed of Accession).
Company: Fixed and Floating Charge and Directors’ Guarantees.