What are Possibl Loans?

Possibl is a short term lending platform that boosts cashflow by providing loans up to $20,000 to owners over 4, 6 or 12 month repayment periods. The approval process can be as fast as 15 minutes.

Why get a Possibl Loan?

Many investors use these funds to renovate their properties between tenancies. The funds can then be used to pay for the works and the loss of rent for that period and repayments can commence when the property is re-leased and generating income again.

This allows investors to make their property more appealing to prospective tenants, achieve higher rental returns and/or boost the value of their property without losing cash flow.

Other use cases for the loan might be to spread out the cost of large special levies, large maintenance bills etc.

How do I repay the Possibl Loan?

With the Managed X Possibl partnership, all your payments are tracked and made via your Managed App investor profile.

Other helpful articles: How to apply for a Possibl Loan, How to manage your Possibl loan



Did this answer your question?