Commonly Asked Questions
How long has Webster Dolilta Finance Limited been in operation?
Webster Dolilta Finance Limited has invited subscriptions for the Company’s Debenture I­­nvestments stock since 1966.

Are you Are Bank?
No we are not a Bank! Webster Dolilta Finance Limited is a non-listed Public Company that issues Debentures to the Public.

How do I invest?
To invest with us, simply complete the Application Form accompanying the Prospectus and either mail it to us or call into our office with your cheque.

Who can apply to invest?
Investments can be opened in single or joint names, or in the names of partnerships, Superannuation funds, trusts, businesses, companies and other incorporated/unincorporated bodies. Accounts for trusts and Superannuation funds should be opened in the name(s) of the trustee(s).

Are you Safe?
Webster Dolilta Finance Limited is not rated for credit risk by a Credit Agency (like Moody’s) … Webster Dolilta Finance Limited commenced operations in 1966 over x years ago…Our Company utilises Debenture holders’ money in a number of ways: We lend on first mortgage and hold 10% of our funds in cash with major Banks on Term Deposit and Cash Management accounts. The company is audited twice yearly and our Audited financials are sent to ASIC (Australian Securities Investment Commission) and to Sandhurst Trustees Limited in Melbourne for perusal to ensure our operations meet laid down procedures. We also forward quarterly directors reports to the same bodies.

Is there a choice of terms available?
You are able to invest with us on “At Call” basis, or fixed terms ranging from 1 month to 24 months.

Is there a minimum opening balance?
We are happy to accept a low initial investment of $10.00 during the currency of this Prospectus for fixed term investments. “At Call” accounts require a minimum investment of $10.00.

How secure is my Money and can I loose my money?
While there is a risk that principal may be lost we can advise that Webster Dolilta Finance Limited commenced operations in 1966 over x years ago.  In that time no investor has ever lost money with us! We believe that our prudent lending policies and the fact that we lend within a specific geographic area reduces our exposure to financial distress.

The company is audited twice yearly and our Audited financials are sent to ASIC (Australian Securities Investment Commission) and to Sandhurst Trustees Limited in Melbourne for perusal to ensure our operations meet laid down procedures. We also forward quarterly directors reports to the same bodies.

How will I know you have accepted my investment?
We will forward a “Certificate of investment Stock” to you as soon as reasonably practicable, and in any event within one month of receipt of application moneys.

How is interest paid?
Interest on “At Call” accounts will be credited to the account. Interest on fixed term investments may be added to the investment, credited to an “At Call” account with Webster Dolilta Finance Limited, or transferred directly to another financial institution.

How is interest calculated?
Interest is calculated on the balance of your investments on a daily basis from the date of receipt of your application moneys.

When is interest payable?
Interest is paid in arrears on “At Call” accounts on the 15th day of May and November each year. Interest on fixed term investments is paid in arrears and in accordance with the conditions on the term of the account.

Can I add to an existing investment?
Additions to fixed term investments for the remaining period of the original investment may be accepted, at our discretion. The interest rate will be the same as the interest rate for the original investment, unless the rate had decreased. Your subsequent investment can be for any amount. You may add to “At Call” accounts at any time.

Can I have moneys invested for my children?
Yes. Moneys may be invested in the name of a child or grandchild or in your own name/s as trustee for the child. The child’s Tax File Number or date of birth should be provided if claiming an exemption as a minor.

What happens when my fixed term investment reaches its maturity?
Approximately two to three weeks before your investment falls due we will notify you in writing of the upcoming maturity and our current interest rates and terms, and offer you the opportunity to reinvest with us.

These answers to your commonly asked questions are not meant to provide you with all the information about an investment in the Company.

This Prospectus in an important document and should be read in its entirety. Before deciding to invest, you should consider whether Debenture Investments are a suitable investment for you.

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