Impex Lawyers & Advisors

Experienced Melbourne Lawyers

Banking & Finance Lawyer

In difficult economic times with uncertain fluctuating conditions, it’s imperative that your banking and finance requirements are constantly monitored, reviewed, adapted and executed on the best terms possible with Banks and lenders – banking and finance is never ‘set and forget.’

Whether you’re looking to sort out your finances for a personal or business sale or purchase, raising debt/equity for your business: our banking and finance lawyers are available to guide you through the process- ‘business is most about sense to get your dollars.’

Fill out the adjoining form or book your 1st free consultation by visiting our service portal.

Why Choose Impex?

IMPEX Lawyers & Advisers appreciate that Banking & Finance isn’t as straightforward as it used to be — times have significantly changed.

No longer is it $$ wise to go to your local branch to coordinate your home mortgage & investment loans- they don’t have a clue to what you really want or need! 

The recent Hayne Royal Commission has ushered in a ‘New Banking Order’ – you must have experts in your corner who offer and understand the products available through multiple lending avenues—an advocate who is able to assist with facilities structured to your true and serviceable personal or commercial circumstances.

Our firm has screened and cultivated long standing relationships over many years with some of Australia’s leading banking & finance licensed professionals to provide a comprehensive suite of facilities from public, private and institutional lenders for our clients in the following areas:

Consumer Finance

When looking to borrow money for a property purchase or want a review of your existing loans we work with licensed industry professionals to structure the most appropriate and competitive offer in the market. Available facilities and legal advice include the purchase of your first home, upgrade or downsizing of the family home, self-employed borrowers, property investors, restructuring of existing loans, refinancing, reverse mortgages and Self Managed Super Fund (SMSF) investments.

Business Finance

Our licensed commercial lending expert panel provide debt advisory services and will complete a strategic finance review of your business to assess whether you have the correct finance structure and cash flow availability to support your business growth. Available facilities and legal advice include commercial lending requirements for property development, property investments, working capital funding combined with industry expertise relevant to manufacturing, importing, wholesaling, retailing, property development and other specific vertical sectors.

IMPEX can assist with these banking & finance solutions in accordance with the annual published Supreme Court of Victoria- Practitioner Remuneration Orders in relation to the negotiation and procurement of new or renewals of existing loans where we do not act as the lender.

If you require access to our banking & finance services then please contact us or book a free 1st 30 minute consultation.

FAQs

Most frequent questions and answers

There are certain requirements when you are applying for a business loan such as Credit Score, Age of your Business, Anual revenue, Personal debt-to-credit ratio, Net operating income, Potential collateral, How you intend to use your funds.

Yes, you can get a business loan even if you dont have a job. Lenders will still consider you for a loan, depending on whether you prove that you can make regular payments on time.

The eligibility requirement to be a guarantor should be at least 18 years of age. They must have a property in Australia, particularly for home loan banks won’t accept property located overseas. They need to be a New Zealand or Australian citizen.

Generally for the Home Loans immediate family members such as parents and spouses can act as a guarantor for you. Depending on some lenders they may also allow siblings, step-parents, parents-in-law, grandparents and even uncles and aunts to act as guarantor for you.

A guarantor is a person who gives “guarantee” for someones else loan or mortgage by promising to repay the debt if they can’t afford to. The documents required to provide by the guarantor during the loan process are: two pay stubs, two bank statements, one or two tax returns, and a letter stating the income if owning the business.

A guarantor is a person who gives “guarantee” for someones else loan by promising to repay the debt if they can’t afford to. The documents required to provide by the guarantor during the loan process are: two pay stubs, two bank statements, two tax returns, and a letter stating the income if owning the business.

Depending on the type of loan, purpose, and borrower profile your down payments vary for business loans. 10% per cent minimum down payment is required for commercial real estate loans through small business administration, while for commercial auto loans down payment is not required.

Contact

+61 39999 7494

2/180 Queen Street Melbourne 3000 Victoria Australia

Linkedin Envelope
Get In Touch