why borrow from EPICORP?

Epicorp offers an alternative debt solution, is flexible in its design and accessed quickly.

Our loans are processed quickly, require less documentation than other more traditional funding sources and requires no security.

Our lending program can provide your company with a longer capital runway and give you more time to achieve your planned business growth targets prior to your first, or next round of funding.

Unlike venture capital, debt is non-dilutive to founders or existing shareholders and, if borrowing can delay your capital raise through further growth, it’s likely you’ll benefit from a higher company valuation when you do decide to raise capital.

If you are considering a debt instrument to grow your business to the next stage, EPICORP will work with you to determine the best path for your business. Our loans can be implemented in three to six weeks from initial application; much quicker than traditional equity-based funding or borrowing from banking institutions.

business support loans

EPICORP’s Business Support Loans are specifically tailored for companies that have started to generate revenue, need help meeting a growing demand for their product or service or, require short-term bridging finance.

Epicorp seeks to help companies that can demonstrate a commercially validated product, a scalable business model and growing customer demand. Our mission is to help small to medium sized businesses overcome early-stage capital constraints and increase revenue capacity to fuel longer-term growth.

Our Business Support Loan can be used as short-term bridging loans are intended to help organisations that face an urgent interim funding gap. We understand that every business is unique and that regardless of the use of the funding, flexibility in loan structure, repayments and terms has to match your specific requirements.

As a not for profit, operated by experienced entrepreneurs, we have the ability to structure or delay repayments to optimise the use of the funds without immediate repayment if required.

the loan process

EPICORP’s Business Support Loans range from $75,000 to $300,000 and we are able to take lending risks well beyond those of commercial banks. Given that we do not require any form of director’s guarantee or take a charge over your business assets or IP, EPICORP applies risk-dependent interest rates ranging from 10 to 15 percent compounded annually.

All loans incur a 2 percent administration fee, payable once the documentation is executed, and have a maximum repayment term of 24 months. When loans are structured as a draw-down facility, a lower interest rate fee will be applied to the funds held in the facilityon call.

To qualify, your company should be able to demonstrate a recent earning history and sales pipeline that demonstrates the ability to service the loan or be in the planning stages of an equity event or cash injection.

Click here to fill in our Expression of Interest form