the fund offers a secured loan to Grapple. Grapple use these funds to provide Australian SMEs with a secured line of credit through Grapple’s unique invoice finance offering and market leading proprietary platforms.
We've built a secure way for you to access this investment.All facilities and related security are registered on the PPSR (Personal Property Securities Register).
No long-term positions are held by Grapple. Grapple’s entire portfolio is typically repaid and reinvested every 1-3 months
Security over all funded invoices is held. General security deed and director guarantees are obtained when necessary.
This is not a bank deposit. There are risks as explained in the Investor Memorandum, including the risk of losing part or all of your money.
The results from this calculator should be used as
an indication only. Get your Investor Pack to get more information about the future of investment.The Fund targets returns of 7.00% to 8.50% p.a. (after fees, losses and provisions).
The Investment Management Fee is 0.78% p.a.
No long-term positions are held by Grapple. Grapple’s entire portfolio is typically repaid and reinvested every 1-3 months.
Altvest is available to Wholesale and Sophisticated investors in Australia with a minimum investment of $20,000.
Quarterly, it’s your choice to reinvest or receive your distribution payment.
We ask for a notice period of 60 days from the end of the month. However, we will endeavour to meet requests as soon as possible subject to sufficient liquidity.
A provision for bad debts will be established. The Fund’s target is to maintain a provision for bad debts of 2.00% of the value of investor funds.
Grapple will bear the first $200,000 of bad debts incurred (Since inception, Grapple Invoice Finance Fund has financed over $40,000,000 to Australian SMEs across 80,000 invoices with no losses).
Grapple maintain a robust credit analysis and risk pricing, diversification, recourse against the invoice seller which all contribute to protect against losses. Altvest oversee Grapple through a risk and compliance committee.
By offering Grapple a secured loan to fund Australian businesses, altvest aims to make healthy returns for their investors, while supporting the greater Australian economy.
We've built a secure way for you to access this investment, and benefit from the higher returns normally only available to banks and large institutions.
The management team is comprised of experienced professionals, who strive to bring this investment to you in a secure way.altvest actively controls the loan to grapple, secured with extensive due diligence, reporting, risk, compliance, and provision for losses.
Over $A16 billion of funds under administration and supervision in Australia and New Zealand.
Global provider of fund administration services, independently owned with $650 billion under administration.
Financed over 95,000 invoices, providing more than $50 million in funding to Australian SMEs with no losses to date.