Power Loan business offers solutions to personal financial needs

Power Loan offers personal finance service, which includes home loans. With the personal finance scheme of the financial franchisor business, the customer can buy his first home, refinance his home, invest in property, sell and buy his dream home, build a new home, renovate his home and consolidate his debts.

The loan providers offer personal and car loans, which start from 10.75 per cent per annum. The minimum loan amount available is $500, while larger amount of loans are also available. The loan period covers 1 to 7 years and incurs no monthly account keeping fees. The loan is repayable in monthly structures, while the client can make additional payments at any time he wishes.

Rates for the loan vary according to the loan amount, credit scoring and security. Power Loan accepts as security motor vehicles, boats and trailers, motorbikes and caravans. The financial franchisor business offers specialty lending, which provides a second chance to faulty borrowers. ‘Power Premium’ loan from the loan providers is a fully featured loan with variable or fixed rates, direct card, direct debit and direct credit facilities.