Leasehold Finance

Krown Fund:

Network Capital provides leasehold finance sloutions for small to medium sized business's with a purchase price most likely but not limited to $75,000 to $175,000. The fund is typically set-up for applicants that don't qualify for Bank finance. It will provide customers will a maximum LVR of 70%. Terms of loans are usually for 5 years with an interest rate around 12%. All landlords must consent for Krown to take a mortgage over the lease. Once the loan is set, the only loan covenant that applies is to ensure payments are being met on the due date.

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