TermPlus

Long-Term Stability with Flexible Term Loans

Hermes has a number of innovative capital solutions to help your client stay afloat and in control in times of turbulence. Does your client have an urgent funding requirement, and the right assets to support the funding? Sometimes the “right assets” means any combination of unencumbered motor vehicles, plant and equipment and/ or third party real property. Our TermPlus solution provides fully secured term loans designed to offer SMEs stability and structured repayments over an extended period.

What is TermPlus ?

TermPlus is a fully secured term loan that offers businesses the financial support they need over a structured period. With repayment terms ranging from 6 to 48 months, businesses can secure the capital necessary for growth, refinancing, or working capital needs.

Who is it for?

  • SMEs that have a bright future but with a credit history and historical financials that don’t tell the full story.
  • SMEs with sufficient asset security needing longer-term funding.
  • Businesses requiring capital for expansion, asset purchases, corporate restructuring or refinancing.
  • Companies looking to restructure existing debt with predictable repayment terms.

How it Works

  • Businesses secure a term loan backed by eligible business assets.
  • Loan terms range from 6 to 48 months, with fixed or flexible repayment structures.
  • Repayments can be structured to align with cash flow and business objectives. Interest-only periods, an initial capitalised interest period, bullet payments tied to events, and stepped payments that increase as the business grows can be considered.
  • Flexibility to change out fleet assets.

Security & Collateral

  • Secured against eligible business assets (property, equipment, or other unencumbered assets).
  • First or second mortgage options are available depending on loan size and structure.

Why Choose This Solution?

  • Longer-term financial stability – structured repayments over 6-48 months.
  • Predictable cash flow management – clear repayment schedules.
  • Secured lending with flexible terms – funding structured around business needs.

Case Study

TermPlus Facility Keeps Transport Business Owner Behind the Wheel

When the right structure meets the right timing, Hermes delivers under pressure

A Western Australia-based transport business servicing the mining sector with an annual turnover of $20M had entered voluntary administration following the sudden closure of a major client’s mine triggered by a sharp fall in iron ore prices. The financial impact was immediate and severe, leaving a cash flow hole too large to recover from without restructuring.

Although the business had since diversified its client base and stabilised operations, the damage had been done. The directors were now faced with a stark challenge: they needed to repurchase the company’s unencumbered truck fleet from the administrators in order to regain control and keep the business alive.

Traditional lenders weren’t interested. The requirement was viewed as a ‘capital raise’, and the fact that the company was still in VA meant a hard no from nearly everyone.

That’s when the broker stepped in.

Recognising the need for a ‘special situations’ lender, the broker brought the deal to Hermes, backed by a blend of security: the fleet of vehicles and a second mortgage over the director’s property.

The broker requested a 48-month amortising term loan for $5M, with a 6-month interest-only period to help with cash flow as the business emerged from administration. Hermes went further:

  • Months 1–3: Capitalised repayments
  • Months 4–6: Interest-only
  • Months 7–48: Fully amortising the balance

Hermes provided a written approval within 48 hours, meeting the administrator’s deadline, and settled shortly after, in time to secure the tender and complete the creditors’ deed.

The result? The business successfully reacquired its assets and is now trading forward with a renewed structure and a clean slate.

Typical Use Cases

  • Refinancing existing short-term or high-interest debt.
  • Funding business expansion or asset purchases.
  • Providing working capital with structured repayments.
  • Supporting corporate restructuring and turnaround strategies.

A Stand-Alone Solution, or in Combination?

  • As a stand-alone solution: Ideal for businesses needing structured funding over an extended period.
  • In combination with other products:
    • Can be paired with BridgePlus to transition from short-term funding into a structured loan.
    • Works well with Invoice Finance to provide both ongoing working capital and term-based funding stability.

Why choose Hermes?

Expertise in special situations funding

We understand the unique challenges SMEs face when cash flow is under pressure.

Commercial approach to credit

As a managed fund with a unique capital structure of its own, Hermes is not constrained in the way banks and other credit providers are, allowing a pragmatic approach to structuring and approving credit facilities.

Speed and flexibility

With a lean management structure made up of experts with years of experience, funding solutions can be tailored to your needs, and a term sheet provided within 24 hours.

Tailored funding structures

Customised lending solutions that match business needs.

Quick approvals and funding

Financing available within 48 hours.

Flexible repayment structures

Designed to match business cash flow cycles.

Broker-friendly lending

Collaborative approach to structuring deals.

Transparent and competitive pricing

No hidden fees, clear loan terms.

How to Apply

  1. Submit an enquiry online or speak to a Hermes Capital specialist at (02) 9690 0611 or email admin@hermescapital.com.au.
  2. Provide asset details and business financials.
  3. Get approved and receive funding in as little as 48 hours.