who are our business clients?
Loans are available to existing and recently formed Company borrowers that have available equity in property and, to purchasers who contribute up to 30% of the purchase price in cash or existing equity.
*Our loans are not available to recipients of Gov't benefits or to Directors that are mortgaging a family member's home who are not on their title.
Release your equity from unencumbered property and vacant land for any business worthwhile purpose
Up to 75% of the purchase price immediately available. Avoid forfeiting your deposit. Settle on time!
Haven't sold your existing property and need to access cash for a deposit or other worthwhile business purpose?
Refinance and consolidate business debts using equity in any property and enjoy prepaid interest for the term of your loan
Save money and time by changing high interest rate and expired/expiring loans over to a lower rate loan with us!
Residential loans to purchase or release equity from $1m to $30m in metro and major regional locations with loan terms 6-24 months
Simply click this button or any of the apply now buttons on our website apply now and take a minute to complete the information we require.
You'll know we've received your application as an automatic email will be sent to you as confirmation.
Allow an hour or so during business hours for a manager to review the details in your app form and assess the loan for suitability.
You may receive a call to discuss additional requirements.
If our assessors are happy with the information provided, you'll receive an indicative loan approval.
Our loan applications require the following for each director, each guarantor and owners on the title(s):
Drivers Licence(s), council rates notice(s), trust deed(s) if applicable, bank or non-bank loan statements (can be from the internet) clearly showing borrower name(s) and loan balance(s) if applicable, Payout amount(s) for loans or caveats that are to be paid from settlement funds if applicable.
Upon receiving your online loan application, generated when you clicked the apply now button, an assessor will review everything you have told us and if we can provide you with a loan, you'll be provided with an indicative approval letter that includes a list of items we now require to finalise our due-diligence.
When you have provided the list of items requested in the indicative approval letter, our assessor will generate a conditional loan approval and send to you by email.
Accepting our conditional approval offer letter will let us know you wish to proceed. Payment of a non-refundable $2,500 + GST upfront fee may be required for our out of pocket expenses including title search(s), valuation(s) on property(s) offered as security, credit searches, the legal review of trust deed(s) if applicable etc.
We are then ready to create the loan agreement and prepare for settlement of your new loan.
We can consider requests for loan amounts less than $1m.
Min establishment fee is $10,000. Fees include: upfront app fee from $3,450 + GST, a loan establishment fee from 1% + GST, a monthly management fee from 0.1%, the lender's legal fee from $4,000 + GST + approx $1,200 in disbursements.
When your new loan is ready to be funded, we'll send your nominated Solicitor our loan agreement for Directors and Guarantors to sign and attend to settlement requirements.
Because its a privately funded Business loan, all Directors and Guarantors are required to have independant legal advice by a Solicitor.
Unlike home loans where you simply walk into any bank branch and sit with a manager or sign in front of any JP or Cdec, privately funded loans require a Solicitor that will fully explain the loan agreement to you.
Your Solicitor will assist you with the documentation requirements and certify identification and statements.
Your Solicitor liaises with our Solicitor to finalise settlement requirements and send funds to your account.
During the term of the loan, we're here for you when you have questions or concerns about your loan.
Contact us for your loan statement requirements, variations to your loan i.e further increases in loan amount or additional loan term requirements.
When you're ready to repay the loan funds back to us, we'll send you our discharge request form for all Directors and Guarantors to complete.