Corporate Loan
For company borrowers, company on title, excess builder’s stock, or vacant land with DA potential.
make it
your first choice
Key features of the MKM Corporate loan
Loan Settings
- Rates from 5.00%
- New units LVR to 65%
- Maximum LVR 75% to a loan of $1.5M
- We pay an upfront commission of 0.7% with a 0.2% trail
Other features
- Cash out for verified purpose
- Metro & Regional securities accepted
- No clawback
Applicants
- < $5,000 (Owner Occupied) / < $3,000
(Investment) paid defaults if < 2 years - Unlimited paid defaults ignored if > 2 years
- Mortgage arrears accepted on a
case-by-case basis - Discharged > 2 years
- ABN & GST registered > 6 months
What our Corporate customers are saying
Product Summary
Bankruptcy
Discharged > 2 years
Arrears
Mortgage arrears accepted on a case-by-case basis
ABN & GST
Registered > 6 months
Minimum amount
$100,000
Max loan – 75% LVR
$1,500,000
Maximum term
30 years (subject to expected retirement age)
Minimum term
5 years
Interest structure
Principal & Interest OR Interest Only. Additional terms and conditions apply to Interest Only loans.
Repayment frequency
Weekly, fortnightly or monthly (Interest only is monthly)
Extra payments
Permitted
Ready to take the next step?
One of our Business Development Managers will be happy to speak with you to find a solution that best suits your needs.