Brighte Green Business Loan

About the Brighte Green Business Loan

Finance amount

• Finance up to $250,000
• Low doc applications up to $150,000

Repayment timeframe and eligible product

2-10 years

Solar, solar batteries and off-grid solar systems.

Applicant fees

• $395 establishment fee added to loan amount
• $4.95/monthly account keeping fee included in repayments
• $30 late payment fee if you miss a repayment

Eligibility

Low doc eligibility criteria
Low doc: A loan that requires less financial documentation to prove income, assets and liabilities than a standard loan.

• Minimum ABN 2 years (GST registration not required)
• Solar & Batteries up to $50k low doc available (asset price before deposits)
• Electric Vehicles up to $150k low doc available (asset price before deposits).
• Director guarantee required on ALL applications except for the following entity types: Government entity, Publicly listed entities, Subsidiaries of publicly listed entities and Not for Profit entities
• Asset & liability statement required for all guarantors.
• 20% deposit required if the customer is not asset backed.
• No deposit required for Property owners. We can also accept property in a spouse’s name.
• Privacy consent and x2 forms of ID required for all individuals, Physical copy of the Drivers licence and Medicare card or passport.

Full Doc Assessments

• Applicants that do not qualify for a low doc assessment will need to provide accountant prepared financial statements for the last 2 years.

• Financials must service the lend requested.

  **Full doc assessment is subject to our minimum lending requirements and maximum exposure.