Lending Limit agreements are like money in your pocket Do you have multiple agreements covering your equipment finance? Are you sick of doing a full application every time you need some new equipment? Why not apply for a lending limit agreement. A lending limit is the total amount that a particular finance institution will allow you to borrow at any one time. It can be applied for at anytime and remains in place until you terminate it. Once the limit is set, and provided you don’t reach your limit, all you need to do is submit an invoice to the lender and loan documents will be issued within days. This will reduce waiting time from start to finish by at least half and as we know, time is money in business. If you’d like to know more, call our specialist in equipment finance at Morse Loan Solutions, Glyn Crouch on 6883 2200.