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

Security:

Partner ship/ Firm: a floating Charge (including including charge over debtors and a Deed of Accession).

Company: Fixed and Floating Charge and Directors’ Guarantees.

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