1) How soon can I have my Advance?

For Real Estate Agents, Mortgage Brokers, Property Marketers, Business Brokers, Insurance Brokers, Recruitment Agencies and Financial Planners it will happen within 2 days For Small and Medium Enterprise it will happen within 2-3 days.

2) Is it tax deductible?
If you are applying for it as a business payment to help grow your business the interest charged will most likely be deductible. You need to check with your accountant for clarification.

3) What if the Sale is delayed or does not occur?

We will assess each situation on its merits and in most cases we could place your advance towards a future sale or payout. If there is no future payout expected all monies owing would have to be refunded to VIP Cashflow.

4) How much is it?
At VIP Cashflow we work on an interest rate basis because it is a short term loan. Rates do vary depending on Sales and settlement; just call us directly to find out more.

5) Why would I do this?

You can take advantage of having your cash earlier rather than later because you may have an immediate business financial goal or investment need. It could be for business Cashflow purposes or you may want to retain good salespeople by paying them now.

6) How do I pay VIP Cashflow back?
We send out reminders 7 days, 3 days and a day prior to repayment date. VIP Cashflow will send you a reminder on repayment and on the day your payout settles simply deposit the money borrowed back into the VIP Cashflow account. You can repay via internet banking or go directly to an ANZ branch to deposit funds into our account.

7) Are there any setup fees?
Setup fees do apply, simply call us to find out how much these are. They vary on the style of short term loan you will be taking out.

8) What is the minimum/maximum loan time?
Generally we provide advances based on 30, 60 or 90 days, however we are flexible should you have a longer settlement. We do not lend for less than 28 days.

9) How much can I borrow?
You can generally borrow up to $50,000.00 (less application fees and the interest due to VIP Cashflow) however for longer term clients it could be more.