Australia Home Loan Company Offers New Cash Flow Plus Loan Program
Australian home loan company MacLean Finance offers two new products for investors. The Cash Flow Plus Loan, which can save investors considerable amounts of cash, and the innovative 367 day new loan guarantee that is personally backed by William MacLean himself
Melbourne, Australia (IPRWIRE) Sun, Jan. 7th, 2007 — MacLean Finance (www.macleanfinance.com) is proud to announce its inclusion as one of a handful of Australia home loan companies offering the new “Cash Flow Plus Loan” (CF L). This is a radical new loan finance product that allows an investment client to gain the twin benefits of a positive cash flow from their investment, and a negative gearing taxation deduction that assists in the legal reduction of their taxation bill. Simply put this means money in the investors pocket, and a reduced tax rate. This a new concept in loan finance for Australia home loan companies and investors.
In general terms, the program works like this. During the first year, the client pays an interest rate of 3.7%pa, second year 4.95%pa, third year 5.95%pa., forth year 6.95%, and fifth year 7.45%pa.