What we Can and Can’t Fund
As our loans are purely for business or commercial
investment purposes, your purchase need to be one of the following…
A Commercial Property (being purchased in EITHER a personal OR Company name)
A Residential Property being purchased in a Company Name
Unfortunately, laws prohibit us from funding you if you are buying a residential property in your own name.
However if you have taken all the necessary safeguards for asset protection, and bought your residential investment property in a Company Name (or a Trust with a Company as Trustee),
or if it is a Commercial Property, we can fund you RIGHT AWAY.
Max LVR: 75% of the purchase Price (including costs)
If you need more than 75% and you have equity in other real estate, WE CAN STILL FUND YOU
You can take the loan for a minimum of just 1 month, or up to 6 months. We can tailor it to your needs.
Then as soon as your long term finance is in place, they simply pay us out, and they become the
1st Mortgagee and we are done and dusted and gone.
Homesec Business Finance What a Lifesaver
We rescue hundreds of property purchases each year with our Business Bridging Loans.
It’s very surprising how many lenders
withdraw their funding after a purchase contract has become unconditional.
This leaves the purchaser vulnerable and
financially exposed, and the stress can be
enormous. Some buyers even risked losing land for a major development, so the true cost of the transaction falling apart is even greater.
Thankfully, we are here to help. Plus, as it is a Business Loan, the costs of our Business Bridging Loans are fully tax deductible.
Real Estate Agents across Australia and New Zealand are also becoming aware of HomeSec Business Bridging Loans, and are actively telling their clients about them…. just in case.This is a smart move, because nothing breaks a Real Estate Agents heart more than a hard fought sale falling over because of issues with finance.
Sadly, the reality is, it happens every day. So the smart real estate agents have partnered with HomeSec so they can have all the information to pass on to their clients, should the need arise.
This means their client can even Apply Online on the spot
If you have sufficient equity in real estate, you are almost certain to be APPROVED and funded within 24 hours.
FAQ’S
Business loans can be used to purchase a property in a company name or a commercial property.
f traditional banks are taking too long to approve the finance and your settlement date is fast approaching, this type of funding can be a life saver.
Interest rates start from 1.95% pm.
Click on any of the apply now buttons on our website, or https://www.homesec.com.au/apply-express/
