FREQUENTLY ASKED QUESTIONS
Questions1. What are GR First Ranking Notes? GR First Ranking Notes ("Notes") are unsecured notes under the Corporations Act. They are a fixed term, fixed interest investment ranging in length from as little as three months up to five years.2. What interest rate can I expect? Interest rates range from 7.85% to 10.05% depending on the term of your investment and the payment option that you choose. 3. Are there any charges or fees involved? No. All interest rates quoted are net and therefore free of fees and charges. 4. How does the investment work? A minimum investment of $1,000.00 applies. The interest rate that applies at the time of investment is fixed for the term of the investment. Investment terms are between three months and five years. You can choose to have interest paid monthly, quarterly, annually or on maturity of your investment. 5. What does GR Finance do with the money I invest? GR Finance pools all investor funds for on-lending to approved borrowers. These loans are secured by registered first and/or second mortgages over properties and/or registered charges over companies and shares, where deemed appropriate. GR Finance must adhere to its Trust Deed and internal lending policies and procedures and lend only to those who meet our lending criteria. 6. Can I rollover my investment at the end of the term? Yes. You will be notified of the upcoming maturity of your investment. You can then advise us that you wish to reinvest according to the current interest rates and options available to you. 7. Is it possible to add further funds when my investment matures? Yes. Any amount may be added at maturity. You may also invest further funds at any time during the term of your current investment. GR Finance will simply set up another investment in your name with the interest rate and investment option you have chosen. 8. Can I sell or transfer my First Ranking Note to someone else? Yes, provided all parties to the investment agree and the appropriate documentation is completed. 9. Can I redeem my investment with GR before maturity? Funds may only be redeemed prior to maturity in certain circumstances. Please refer to our prospectus for further information. Interest penalties and charges will apply. 10. How do I go about investing? How can I find out more information? Investing is easy. You can download a copy of our latest prospectus from our web site or contact us on Freecall 1800 007 072 to request your copy. You can also Skype us at grfinance01. Once you complete the application form at the rear of the prospectus, simply forward it, together with your application monies to: GR Finance Limited Reply Paid 482 Malvern VIC 3144 If you require any further information please call us free on 1800 007 072 or use the Skype button to the left of this page. |