Partner questions - answered
"What's the process," "Who can apply for a Bigstone loan," and "What are the fees," are questions our current partners have asked so we've pulled them all together. You can find the answers to these questions, and others, here.
Bigstone lends to Australian businesses, that have been trading for at least two years, to buy new assets. Bigstone does not lend to individuals, or for consumer purposes.
In the large majority of cases borrowers wish to capitalise fees on top of the loan amount. However, these can be paid upfront if that is preferred.
Repayments are made weekly, in advance, via direct debit.
Generally, Bigstone will take security over the asset and for bigger loan amounts, a General Security Agreement over the company.
We also require that company directors provide a personal guarantee that the company will repay the loan. We have a rule that if the directors won’t back themselves, neither will Bigstone.
Our applications are assessed using our rigorous proprietary risk assessment process using cutting-edge technology. This allows us to be lighting fast and accurate.
Ultimately, we’re looking to determine if your clients are good borrowers buying good quality assets.
Asset and equipment finance! We help businesses get accessible, fast finance for new assets to help fuel growth.
Complete our partner agreement and get started referring. If you'd like to have a chart with one of our partner specialists, you can book a time to chat.
Our loan application is 100% online, saving you and your client valuable time. To get started, simply:
The majority of our documents are executed online, with a small portion needing to be printed and signed.
Your client will have their money within 24 hours from approval.
Once a loan is approved, the customer will need to execute a number of documents via our online process. The documents will arrive via two separate emails.
Docusign will email a link to execute:
Bigstone will email a link to execute: