Who says we can’t settle a loan in 24 hours?
At Homesec Business Finance our motto is “Business Loans funded in just 24 hours!” We have lost count of the number of times we have heard the words “impossible”. Well we are here to tell you that it is not impossible nor is it out of the ordinary for us.
The processes we have in place for funding our Short term business loans are slick to say the least, but we are not giving away any trade secrets today however a recent settlement saw us pull out all stops to make sure that we did fund in 24 hours.
Clients and brokers come to us because of our speed. We don't always appear on face value to be the cheapest (a fact we do not hide) but we are the quickest.
Just last week we had a client who needed funds the Monday before our Cup Day holiday. The client applied on Friday and our letter of offer was issued within 2 business hours, everything was on track and going smoothly until their solicitor delayed the signing of the documents until late morning Monday. Not to be deterred we still had plenty of time to arrange settlement of the loan. However there seemed to be forces working against us, firstly the delay in the signing of the documents, then their solicitor missed a crucial ID requirement which meant the client’s had to re-attend his office at 4pm. This left us no time to arrange a courier to collect the documents and arrange lodgement of our security, most funders would have called it a day, not us however we found a solution - the client became the courier and returned documents to our office. The fun was not over yet, a last minute change to the client’s disbursement meant that they needed to re-execute another settlement authority, it was now 5.30pm the day before a public holiday, again most lenders would have given up, but we persevered, the amended authority was returned to us via email at 5.57pm 3 minutes before our banks cut off to process the funds.
Transfer completed and happy clients. Homesec prides itself on finding solutions to assist clients with their short term funding needs. Business loans funded in 24 hours? Yes we can!