FHC One & Move
MAXIMUM LOAN AMOUNT | $1.5M |
LOAN TO VALUE | 100% |
INTEREST RATE | 25.0% |
REPAYMENT TERM | Up to 60 Months |
PAYMENT MODE | From business Cash Flow |
SECURITY | The Taxi |
Maintenance Savings | 10% |
SHARE DEPOSIT | $200K |
PROCESSING FEE | $10K |
ELIGIBILITY | OWNER DRIVER ONLY! |
TURNAROUND TIME | Within 2 days of submission of all required documents |
Loan to cover; | |
100% comprehensive Insurance | |
DOCUMENTATION REQUIRED | 1. FHCCU Membership |
2. Credit Reference | |
3. Taxi Association Letter / Transport Authority Letter | |
4. PPV Insurance quotation | |
Special Condition(s) | Borrower must have good Credit/Savings history |