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This calculator is only an example, your actual rate will vary based on your circumstances. The above calculation is based on an interest rate of 4.95% per year and assumes the credit facility is drawn out in full over the 60 month term duration. The maximum Cumulative Loan to Value we can lend up to is 75%.
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The Selina Business Loan is a second charge mortgage on your residential property, meaning that you can use the equity in your property as security for the Selina loan on top of your existing mortgage(s).
The Selina Business Loan must be used exclusively for business purposes such as funding your business expansion, refinancing your business or to cover working capital fluctuations.
The Selina Business Loan works like a line of credit. You can draw down as much as you need from your credit limit and repay your Selina Loan without any early repayment or other fees.
Apply online and we will send you a personalised rate in matter of minutes. There is no obligation to accept.
Once your eligibility is confirmed, simply submit your documents to us.
Within days you can have access to your credit facility. Draw down whatever you need in minutes and always with no fees.
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Give us a call and speak to our customer service team. We can guide you through the application process and answer any questions you may have.
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