Independent Supermarkets

Acceptable Loan Purposes

  • This policy is limited to IGA and Foodworks groups.
  • Finance is available to cover refurbishment of existing store and/or purchase of existing store.

Qualification Criteria (Exceptions May Apply):

  • A minimum of 5 years specific supermarket experience.
  • This can be mitigated by retaining or hiring employees who have appropriate supermarket experience.
  • The last 3 years financials are to show a profitable performance with no deterioration in business net assets.