Business Loans Don’t have to Be So Difficult
Ever noticed just how difficult some lenders are, and how they seem to deliberately make it difficult for borrowers to access funds.
It’s as if they’re not actually human, and it’s like communicating with robots.
On the other hand, we’re going to show you just how easy it is to get your client access to funds and FAST.
When you’re working with HomeSec Business Finance, it’s actually quite simple, and once you learn how our process works, you can be fairly confident in approving the loan on the spot yourself.
Just recently, we had a business client go to his bank to refinance his house, so he could use the equity in his house to access $300,000 for his business.
The client had absolutely no issue whatsoever with supplying the information, but the client was told that assessing his complex business structure would take up to a month, and funding would take another month or two. This is time the client didn’t have – because the opportunity doesn’t wait!
Just to give you an idea of what we’re dealing with in the finance industry, this is what one of the big four banks was requesting our client provide in order for him to get access to funds …
- Company tax returns and financials for all trading companies from FY 2018 & 2019 & 2020
- Personal tax returns from FY 2018 & 2019 & 2020
- Management account FYE 2020
- Notices of assessment
- ATO Portals
- Last 12 months statements
- Last 12 months statements for any loans you have
- Last 12 months statements for any loans you have with another bank
And there’s more, but it’s enough to make you nauseous, so we won’t take up anymore of your precious time with the rest.
So instead, we’ll show you what HomeSec Business Finance requires, and we think you’ll be pleasantly surprised.
What HomeSec Business Finance requires…
>> An online application form, which you can do anywhere, including your car, while you’re in between meetings.
>> Rates notice and a recent mortgage statement, detailing how much you owe on your security property
>> Proof of identity. A photo of a drivers licence taken on your smartphone will do.
>> A brief outline explaining what you need the funds for. (It can be less than 10 words long)
The best bit is that at HomeSec Business Finance, we can settle in just 24 hours!
You can also claim the costs of the loan as a deduction, as it’s a business loan.
At HomeSec, we frequently hear just how frustrated brokers and borrowers are increasingly becoming, and we get it!
So, the next time your life-long business client is in a jam, run this solution by them and give them the gift of having an option to access funds in 24 hours.