Flexibility is the key with these competitive packages to suit your borrowing needs. With Landmark Term Lending you choose:
- The term of the loan
- interest-charging period (ie, monthly, quarterly, semi-annually, annually, in advance or in arrears)
- fixed or variable interest
- interest-only period.
| Key Features |
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| Uses |
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| Minimum amount |
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| Term |
- Up to 15 years, with 25 years available on approval.
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| Loan repayment |
- Structured principal and interest repayments customised to suit seasonal cash flows, including early principal reductions and final balloon repayments.
- Interest only up to five years.
- Principal repayment flexibility for those affected by difficult seasonal conditions (available upon request and subject to approval).
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| Interest rates |
- The Landmark Financial Services variable Base Rate for August 2008 is 8.12%. (Rural Power Base Rate for August 2008 is 8.12%).
- This Base Rate is adjusted monthly and does not include any applicable client margin. For more information visit fees, terms and applicable taxes.
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| Interest charging |
- Calculated daily and debited monthly, quarterly, semi-annually or annually.
- Interest charged in arrears or in advance.
- Interest can be charged to your Landmark working capital facility.
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| Loan security |
- First registered mortgage over rural property.
- Other securities considered on a discretionary basis including:
- second registered land mortgage
- livestock mortgage
- residential property mortgage.
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| Access to funds |
- Progressive draw downs are available on variable rate loans only
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| Fees and Charges |
- Loan establishment fee
- Government fees, charges and duties (if applicable)
- Other fees may apply
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