Client Solutions – Business loan

Client: John and his four work colleagues


Requirements of the client:  John and his fellow work colleagues have been offered to purchase the business they are currently working in.


Why Multi Choice Home Loans: John currently has a home loan through Multi Choice and contacted them for a business loan.


Client’s details: John and his colleagues have worked for a number of years in the business. They have gained a lot of experience and knowledge to be able to consider purchasing the business. Collectively they have good equity and security to fund the purchase.


Business loan option: John and his colleagues discussed with Multi Choice what they require from a business loan. Their mortgage broker made an enquiry with the possible lenders regarding their scenario. John has a few different options to select from for their business loan all with slightly different features.


The outcome: John and his work colleagues went with Multi Choice’s recommendations for a suitable lender and business loan. The recommendation best suited their requirements. They now own the business they are working in.


If you feel like you are in a similar situation seeking home loan advice, please do not hesitate to contact the team at Multi Choice 07 4194 2955 or 0438 724 113.



* The client’s name has been changed to a generic name, John & Jane, in every case study.

DISCLAIMER: this case study is intended to provide general information only. Parts of this have been changed to protect client confidentiality. Readers should rely on their own enquiries before making a decisions regarding their own situation. Please do not rely on any part of this case study as a substitute for specific legal or financial advice.


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