Collection Consultancy Australia

Vendor Finance Loan Agreement - FAQ's

A Vendor Finance Loan Agreement is a simple Loan Agreement between two parties.
Vendor Finance Loan Agreements are used as a vehicle to secure a loan against the assets being financed. (e.g. a piece of machinery or equipment)
Vendor Finance Loan Agreements are used by business wanting to finance their machinery or equipment into their clients’ businesses using the machinery or equipment as collateral for the loan.
Our Vendor Finance Loan Agreements are designed and incorporate the appropriate legislation to ensure the lender can register a valid PPSA Registration over the equipment being financed, thereby maintaining ownership should the loan default, and in doing so becoming a secured creditor.

Once your Vendor Finance Loan Agreement has been signed you simply go to the Australian Governments Office of the Australian Financial Security Authority’s website www.ppsr.gov.au where you can register your loan agreement online.

However, it is worth noting that we do include the registration of your Vendor Finance Loan Agreement on the PPSR in our Vendor Finance Loan Agreement Package.

Part of our Vendor Finance Loan Agreement Packages is our Loan Management Dashboard which gives you complete access to your loan agreement on an ongoing basis.
There is no set rate associated with our Vendor Finance Loan Agreements and the interest rate can be set at a rate agreeable by both parties.
Yes, the loan repayment amount varies depending on the interest rate, loan period and duration of the loan.
Yes, the establishment fees can be incorporated into the loan itself and included in the monthly repayments.
Yes, an “end of loan” balloon payment can be inbuilt into your loan agreement which can be used to lower the monthly repayment.
Yes, the loan can be renegotiated in the Loan Management Dashboard.
Yes, the loan can be cancelled or forgiven at any stage throughout the loan term through the Loan Management Dashboard.
Yes, when setting up the initial loan the borrower’s bank details can be included, and an automatic direct debit set up.
Yes, automatic payment default notifications are a standard feature of our Loan Management Dashboard.

Any Questions?

You are welcome to email us any questions – or call to speak to a consultant.