Newsagency Finance

Newsagency FinanceAre you looking to purchase a newsagency and require finance, at Professional Finance Brokers we can assist you structure a specific Newsagency Finance Package tailored to reflect your own individual circumstances.  From assisting you with an indication on what price newsagency you may be able to afford, to choosing the right lender or just ensuring your loans are correctly structured a Professional Finance Broker can assist you with all your newsagency finance requirements.

With many years newsagency industry experience and as the preferred financier for the industry body the Queensland Newsagents Federation, our business has helped hundreds of customers with their dreams of owning and purchasing a newsagency business. So if you are looking to purchase a newsagency and don't know where to start your Professional Finance Broker business specialist would welcome the opportunity to meet with you to review your newsagency finance requirements and provide our professional advice in structuring a tailored financial package to meet your current and future business financial needs.

For friendly help and guidance with your newsagency finance requirement please call us on (07) 3349 9044 or just click contact us now.

 

 

 


There are no specific guidelines in relation to the financing for the purchase of a newsagency business, nor is there any one financier who specialises in the financing of these businesses. Whilst some major banks have newsagency policies which outline specific industry lending parameters it does not necessarily indicate that this bank will lend in every situation.Most banks newsagency policies do vary according to the location, price of the business, your background experience and many other variables. The maximum you can normally borrow against a newsagency business is 50% of the total purchase price subject to the lenders own criteria which can differ between banks to include or exclude stock. In certain circumstances some banks will provide higher loan to value ratios (LVR) against newsagency businesses of up to 60% on a case by case basis however this is normally subject to higher financial benchmarks being applicable and often you will pay a premium in costs and rates for this privilege.