Product information
With Shift’s Term Loan, businesses can borrow up to $2 million. Funds can be used for any business purpose including capital projects, expanding premises, building a second store or acquiring a larger warehouse.
- Term
- Up to 5 years
- Repayments
- Weekly or monthly
- Account limit
- Up to $2 million
- Variable rate
- 14.95% - 23.95% p.a.
- Fees
- Establishment fee of up to 4% of the loan amount
No early repayment fees