About us

INTRODUCING

TPC Money RAPID
REFINANCE

This new process is available for lending less than $1.5 million that’s
either currently with TPC Money or another lender, and could mean your
loan is approved within days.

YOU WILL:

• Be able to save time and effort with a new, easier loan approval process
• Need to supply just two essential documents to apply
• Know the status of your application sooner
• No longer need to provide a Business Activity Statement (BAS)
• Be able to apply to extend or increase your existing TPC Money business loans

THERE ARE JUST FOUR SIMPLE STEPS

• ELIGIBILITY – CHECK Go through the eligibility______________
• DOCUMENTATION- Compile the required documentation, ready for secure upload
• APPLICATION- Complete the application
• AUTHORISE – DocuSign the application form, authorising us to secure the best finance option for you

Who is the process not suitable for?

Some exclusions apply for the following areas:

• Agriculture and start-up businesses
• Certain specialised industries and franchises
• PAYG applicants
• Any TPC Money GoBiz business lending applications
• Refinance TPC Money of credit cards or working capital facilities, interest only business lending facilities, property development loans or standalone property investment loans

2. If the bank statements do not set out the minimum repayment amount, this information will need
to be provided separately (e.g. copy of letter of offer or notice,
or screenshot of account details, showing the amount)
All applications for credit are subject to TPC Money normal credit approval criteria. Terms and
conditions.

• ELIGIBILITY CHECK

Name *

First

Last

Email *

This checklist will help you confirm your eligibility to use TPC Money rapid refinance process right from the start. You are eligible if:

• Your total business borrowings with TPC Money are less than $1.5 million including the funding under the refinance application
• The proposed repayments on the refinanced loan are equal to, or less than, the current repayments
• You are refinancing the existing OFI (other financial institution) business lending facility only or existing TPC Money business lending facility such as an ANZ Business Loan, Asset Finance Balloon or Asset Finance mid contract
• The existing business lending facility has been established for a minimum of 12 months
• You can provide 12 months of loan statements which show current minimum repayment amount and no late repayments on existing business lending facility
• They satisfy a credit check

You’ll find more eligibility information in the rapid refinance credit guidelines. Request a copy from your local TPC Money Business Broker. The new TPC Money rapid refinance process requires just two essential pieces of documentation to include with your loan application.

The new TPC Money rapid refinance process requires just two essential pieces of documentation to include with your loan application.

• A new Business Credit Application form
• 12 months business lending facility statements which show the current minimum repayment amount and no late repayments on existing business lending facility (if lending is with another financial institution)

Submit

• APPLICATION- Now you’ve confirmed your eligibility to apply and you have the required documentation we can help you complete the Business Credit Application form and submit the application to your local TPC Money Business Broker.
• APPROVAL AND LETTER OF OFFER- If we receive a fully completed Business Credit Application form, along with the required supporting documentation, and it’s approved, you will receive formal approval via a letter of offer within days

WE’RE HERE TO HELP

Business finance can be complex, which is why we’re working hard to improve
our processes.  We think you’ll love the new simplicity of our rapid refinance process.
You can spend less time navigating and more time delivering exactly what you
need. It’s another way we’re making things easier for you. If you do have any questions, contact your TPC Money Commercial Broker Manager.

CONTACT US

CASE STUDY

REFINANCING THROUGH TPC Money
SECURED LENDING PROCESS

PSYCHOLOGY PRACTICE

Company owned by two directors

1

2

Two Directors

3

Three Staff

$150K

Annual salary per director

10

Years in operation

2

TRANSACTION BACKGROUND

Each director used their
residential property as security

Current lending with two
other lenders

$900K

Total current lending with
other lenders

3

CLIENT BENEFITS

Only 4 essential documents
required for the application

$990K

Secured Lending allowed
client to borrow

Client reduced their costs
by consolidating their two loans

• Faster approval time

WORKING BETTER TOGETHER
Making things simpler for our brokers and their client

CASE STUDY

MAXIMISING WITH
30 YEAR LOAN TERM

1

CABINET MAKER
& CARPENTRY
BUSINESS

Outgrown premises and
explored buying their own
to operate from

$35K

Was paying $35k p/a on
leasing their premises

30YR

With 30-year loan term

$42K

Now paying $42k p/a
P&I repayments

2

30-YEAR TERM LOAN BENEFITS

Longer loan term freed up additional
capacity for servicing

100%

Client could borrow
100% of purchase price

3

FURTHER BENEFITS FOR CLIENT

Cross collateralised security used
– residential and commercial property

Client now paying off
their own asset

WORKING BETTER TOGETHER
Making things simpler for our clients

Tailored Financial Solutions for Growth

Secure the capital needed to expand your business, boost working capital, or fund new initiatives.
Our business loans are customised to fit your specific needs, offering competitive rates and flexible
terms. Whether you’re a startup, small business, or established enterprise, we provide financial
solutions to drive your growth

IMPORTANT INFORMATION

The information in this brochure is a summary only and is designed to provide general information so
we can better assist you with your lending needs.
Terms and conditions, fees and charges, and credit approval and eligibility criteria apply to TPC
Money loans, including that the loan purpose and loan security are acceptable to TPC Money. You
should read the applicable terms and conditions (available on application) before acquiring a TPC
Money product.

Things you need to know
1. As long as remaining term for the age of the asset meet the TPC Money credit requirements for
the particular asset that your client is refinancing
Terms, conditions, fees, charges, and credit approval and eligibility criteria apply to TPC Money loans,
including that the loan purpose and loan security are acceptable to TPC Money
Refinancing a loan may mean it takes longer to pay off, so you may end up paying more interest over
the life of the loan.