FAQs

We check whether your AP / ACP is accredited with us already. If not, we will invite them to sign up.

You apply for finance based on certificates in the pipeline with your AP / ACP. Once approved, AREC disburses the funds to you, and is repaid by the AP / ACP.

The Stock Finance product is used to purchase stock. You provide an invoice from your supplier, AREC Finance pays it, and provides payment details to you for follow-up.

For Stock Finance, you choose a loan term of 4, 8 or 12 weeks each time you draw down. There is a one-time, up-front flat fee, added to the amount you repay. The upfront fee varies with the term you have chosen. Repayments for each draw down are weekly over the term. Aside from the upfront fee on each draw down, there are no interest or account keeping fees.

To qualify you need to have been actively trading for at least 9 months and have an average minimum turnover of $20,000 per month for the last 6 months.

You need to be trading for a minimum of 9 months and have an average minimum turnover of $20,000 per month over the last 6 months. We also look for consistency in turnover over the last 6 months. If you are already trading and would like to purchase an additional franchise or open another location we may treat this differently.

We send you a link for a bank statement upload, which is the primary tool to assess you.
We will do a credit check, with your permission.
In some cases we may ask for other financial information as well.

We require ID from all of the signatories to the loan agreement.

Your information will be used strictly for the purpose of approving and extending credit to you, in accordance with our privacy policy.

AREC Finance will never pass on your information for commercial purposes.

You should contact us ASAP to discuss a solution.