To apply for a Master Limit Loan, contact us to speak with one of our finance experts. We will guide you through the assessment process and help you establish a Master Limit tailored to your business needs.
A Master Limit Loan is suitable for businesses of various sizes and industries with diverse financing needs and seeking to simplify and optimise their credit management. Our finance brokers can help determine if this solution is right for your business.
There are a number of factors that will determine whether you’re eligible for a master limit. Generally, to be eligible, you need to meet the following minimum requirements:
- List of common/basic requirements
These are just the minimum requirements to be eligible for a master limit. Every business is unique, and not all will be eligible. We recommend chatting to one of our expert finance brokers or a financial professional about your company before seeking pre-approval for a Master Limit.
Master limits are designed to give you some flexibility in your lending and can be used for several financing needs, including:
You can borrow up to 100% of the purchase value of your truck and/or trailer, including extras like insurance. At QPF, we not only provide financial assistance but also have an insurance team that can support you from quotes to claims.
The average truck loan term is five years. You can choose shorter or longer periods depending on your needs and circumstances.