ORDE Financial Commercial Alt Doc Non-Prime
Term loan
ORDE’s solution-focused Commercial Alt Doc Non-Prime product range is designed to provide flexible lending solutions across Near Prime to Specialist+ scenarios. Catering to both owner-occupiers and investors, alternative income verification methods are used, with key factors such as loan size, business profile, security type and credit history considered in determining the final interest rate. Refer to eligibility or discuss with your Broker.
- Establishment fee
- Not published
- Monthly fee
- Not published
- Borrow
- $100,000 to $5,000,000
Interest rate a year, from
Not published
Loan details
Rates
- Interest rate (a year)
- On application
- Rate type
- Not published
- Security
- Not published
- Type of finance
- Term loan
Limits and fees
- Loan amount
- $100,000 to $5,000,000
- Loan term
- Not published
- Establishment fee
- Not published
- Monthly fee
- Not published
How it compares
Against the other business loans we compare. Typical means the middle half of them.
Most you can borrow
$5,000,000
Typically you can borrow up to $5,000,000.
Pros and cons
Pros
- Extra repayments. Paying more than the minimum pays the loan off sooner and cuts the interest you pay.
- Redraw. You can take back extra repayments later if you need the money.
Cons
- An early repayment fee. Paying the loan off early or refinancing can cost a fee, which cuts into what you save by repaying sooner.