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Prime Capital unveils new business loan

Prime Capital unveils new business loan
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The latest offering aims to “bridge market gap” by providing a large loan to businesses in need of quick funding.

Prime Capital has revealed its all-new Business Jumbo Loan to assist Aussie businesses with large funding, with approvals as quick as 24 hours.

The offering is designed for businesses seeking funding between $5 million and $25 million, catered towards investment in larger residential and property financing.

With interest rates starting at 8.64 per cent, Prime Capital CEO Steve Sampson said there is a need for this type of product in today’s market.

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“We’ve identified a significant gap in the market for loans of this size. By aligning pricing with our headline product, Business Basics, and offering up to 75 per cent LVR, we’re making large-scale funding more accessible,” Sampson said.

“2025 is shaping up to be a stellar year for commercial finance, and we are primed to help our brokers seize the opportunity and grow their share of the market.”

According to Sampson, SMEs often require immediate funding. With less time wasted, this new offer will help clients receive funds sooner.

“Small business surveys consistently show that when SMEs need funding, they need it fast and without unnecessary bureaucracy. While smaller loan amounts are generally well catered for, accessing larger funding tranches has traditionally been more challenging,” he said.

“The Business Jumbo Loan helps bridge this gap, providing businesses with the capital they need – quickly and efficiently. This access to funding is critical for businesses looking to scale, invest in property, or take advantage of time-sensitive opportunities that drive growth.”

Sampson expects property developers and investors to be especially interested in the loan.

“The Business Jumbo Loan is designed for businesses with larger acquisition and working capital needs. It is particularly well-suited for property developers and investors who require substantial funding to pursue growth opportunities and expand their portfolios,” Sampson said.

Brokers will continue to play a crucial role in Prime Capital’s lending, Sampson said: “Brokers are at the core of Prime Capital’s business – we work exclusively with them to deliver funding solutions to Australian businesses.

“Our BDMs place great importance on building strong, long-term relationships with brokers, providing hands-on support and fast approvals to help them succeed. We rely on brokers to connect us with businesses that need fast, flexible funding solutions, and in turn, we empower brokers with competitive products and a streamlined process that makes it easier to secure finance for their clients.”

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