iscover
iscover 
The new product offers long-term growth capital with repayment terms extending up to 10 years, secured solely by trail income from both the existing acquirer and the target.
In what it calls an industry-first move, TrailBlazer Finance provides financing for up to 10 years without property security.
The loan is targeted towards brokerages and adviser practices. Approved borrowers can access loan amounts between $250,000 and $2.5 million. The first four years come without annual reviews.
According to the lender’s managing director Jeff Zulman, the latest offering is in response to the evolving needs of borrowers.
"We’ve spent over 13 years supporting finance professionals, and we’ve seen firsthand that access to capital at the right moment can make a business succeed. The Premier Loan is designed to give the financial firepower to invest in growth, whether acquiring a book or business, and thereafter ramping up marketing, or hiring staff,” said Zulman.
TrailBlazer said it was inspired to launch this specialised loan after witnessing the struggle small firms have competing against larger institutions.
Consolidation is an ever-present theme of the industry. This loan will cater towards those looking to scale and grow amid a challenging market.
There are a variety of specific use cases for the loan:
- Business expansion, debt consolidation.
- Buying and selling books.
- Acquisition funding.
- Working capital.
- Buying out a partner.
To be eligible, you must be either a finance broker or financial adviser operating an established business (two years or more).
Applicants must use the funding for growth or scale and be free of ATO debt.
