Prime Capital Loan Product Guide

Following a review of Prime Capital's pricing and product features, they have updated their product guide.

The changes include:

  • Interest rate changes across their product range
  • Reduction of their Establishment fee
  • LMI name change to 'Risk Fee' and the application of that fee
  • Inclusion of a soon-to-be-released Business Lo-doc product which they will send the credit parameters for in early July

Click here for the latest Product Guide.

If you have any questions, refer to your Vow Financial BDM.

New Financial Year with Brighten

Start the new financial year off strong!

Brighten's Alt Doc product (only 1 form of income verification) rates are still one of the sharpest in the market and have no risk fee!

Their SLAs are currently at 3 business days.

Rates starting at just 3.74% with no risk fee, there are sure to be clients who will benefit.

*WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

If you have any questions or scenarios to run through, please give them a call or send them an email.

For any other questions please reach out to your BDM.

Need self-employed loan solutions? Resi has you covered

Resi will say YES more often when it comes to Alt Doc Lending requirements.

PURPOSE of loan can include:

  • Personal purpose
  • Investment Purpose
  • Debt Consolidation
  • Business Purpose and payment of tax debt are also permitted

Their solutions include:


  • Most recent full year of financials supported by the most recent 6 months BAS
  • Standard 2 years financials policy
  • Director's Salary policy - Resi knows many self-employed customers pay themselves a salary, in many cases that salary alone is enough to cover their living/mortgage expenses without the need or consideration of business profits. For these customers, they can accept the salary in isolation
  • Most recent year's financials - through their Select product you are able to use the most recent year's financial information for assessment, where this is a sustainable reflection of future performance
  • ALT DOC option


  • The most recent full year of financials and tax returns
  • Standard 2 years financial policy
  • ALT Doc option


Income verification under their Alt Doc loans can be provided by way of a Client Declaration plus any one or more (depending on product) of the following:

  • Minimum of 6 months BAS
  • 12 Months Accountant Prepared Business Trading Statements - NPBT
  • Accountant Declaration - Declared figure by accountant
  • Minimum of 6 months business bank statements supporting stated income

When you add their above assessment flexibility to their competitive fee structure and attractive interest rate offering, simplified product offering, and quick SLAs why wouldn't you call Resi the home for your self-employed customers.

Got a scenario? Click here or get in touch with your Resi BDM to find out more.

Introducing Lumi's new product, Lumi Lux

Your business lending clients have nothing to lose - except interest

The team at Lumi understand that running a small business has just become a bit harder with the current interest rate uncertainty. The Lumi LuxTM product has been created as their response to boost certainty for businesses and reward SMEs for good repayment behaviour.

Instead of interest rates rising, with Lumi LuxTM, the interest rates decrease by 25 basis points every six months when repayment promises are kept. For example, a loan with a starting interest rate of 20% will decrease to 19.75% six months after the settlement date and to 19.50% at 12 months.

Lumi LuxTM secured rate-reducing business loans range from $200K to $500K, with interest rates from 14% to 20% (APR) where Lumi and the business owner both swipe right. They're also getting more serious about long-term relationships, so they have extended the loan term up to 4 years.

Let's be honest

Lasting relationships require honest communication. That's why you need to know the APR (annual percentage rate), not the simple interest rate. The Lumi Lux loan rates range from 14% to 20% - depending on years in business, annual revenue and other factors. The establishment fee is 3.5% of the disbursed amount.

Ready to play matchmaker?

Here's the Lumi partner brochure, which includes the Lumi Lux matrix.

If you have business clients who you believe will be a match, Lumi is ready to have a chat. In addition to the Lumi Relationship Manager, you will also have direct access to a specialist Credit Assessor to workshop applications or discuss applications submitted.

If you're not sure if you are compatible, get in touch with the team at Lumi to talk it over.

General enquiries | 1300 005 864

For any questions please reach out to your BDM.