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2 years later…

Molly’s business has expanded over the last 2 years and she is now looking to purchase her own warehouse, which will cost her anywhere between $800k - $1m, to accommodate more staff and allow her to increase production.

Based on your understanding of Molly’s needs, which product would you recommend?

If you need a hint click on each icon. Then select the most appropriate option and click ‘Submit’.

Molly

Product

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Consider a term debt option that offers the client a medium to long term funding solution. This will allow the business to preserve its cash flow by allowing Molly to repay the loans over a period of time that has been agreed by the client and the bank.

Click 'X' to return to the main screen.
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Pricing

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Based on the type of term debt solution, the pricing will vary. The client can either be offered a simple interest rate that CBA sets or one that is based off the market. This will require the client to understand market movements and to monitor it on a regular basis.

Click 'X' to return to the main screen.
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Process

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Given the client requires a new product, a full CCL application must be completed in this scenario.

Click 'X' to return to the main screen.
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