Our Amazing Business Bridging Loans
Find out how they can help your business
Get hold of bridging loans from HomeSec Today for Different Purpose
Have you discover an ideal property and requires bridging finance for faster funding? Well, HomeSec allows you to buy any property or asset with confidence. With our financial solution, you do not have to wait to get the capital after selling your current property first. It gives a financial buffer so that you do not have to rush in selling your asset or property by compromising the price. Bridging loans in Australia can also be helpful for you while waiting for the mortgage approval from the bank, when it is taking a long time for the settlement of the property, which you have sold, or while renovating the property to enhance its value before putting it on sale. Bridging funds allows the borrower to reduce the financial stress till the time you get the required capital.
Homesec lends bridging loans to companies and individuals for short to medium terms due to any purpose. We take the best approach towards the borrowers and assist them in getting the required capital when traditional banks or financial institutions cannot.
What Do You Mean Bridging Capital?
The phrase “bridging finance” means emergency funding necessary for decreasing the gap and does not create a shortage. You might require this type of financial solution anytime, so you must know everything about it. The borrower can use bridging funding for several purposes, including a business. You can apply for this loan when you require instant capital and return it within a short period. Some of the most common reasons where the borrower might need bridging capital are:
- Settling on a new asset or property when the current property is still not sold
- Have to pay out some existing debt to a creditor or an ATO
- Maintaining the cash flow in the business
- Construction or repairing completion
How Does Bridging Loans in Australia Work?
Now that you have known the definition of bridging finance, you might be wondering how does it work? Well, bridging funding is used to fulfill the requirement of any short-term capital. Borrowers implement the funds in purchasing stock, new properties for the growth or expansion, paying a debt to the ATO, reducing the cash flow deficiency, working capital, and more. Often people apply for bridging funds when people have already committed to something, but the bank has declined their loan approval. The loan terms for bridging loans vary from one month to one year.
Why Select HomeSec for your Bridging Fund Solution?
It is time to find out why HomeSec has become one of the top private financial organizations offering bridging funds to borrowers.
- Always value the time of the customers and do not give false hopes
- Concentrates on making the entire loan quick and hassle-free
- The funds’ approval process is simple and fast
- Funding approval within 24 to 48 hour
- Both phone and online support so that you can talk to an actual person
- Offers loan up to 75% Loan to value rate
- No repayment schedule till maturity
At HomeSec, we implement state-of-the-art technology which identifies and recommends the best bridging funding solutions as per the recommendations of the borrower. It also helps us to approve the loan more efficiently and faster compared to other private financial institutions. Thus, the borrowers applying for bridging funds to HomeSec will get the best financial solution as per their needs, no matter what their current condition is.
How to apply for bridging loans from HomeSec?
The bridging finance application to HomeSec is easy and hassles free which are as follows.
- Fill our application form within 2 minutes to start the express approval system.
- One of our experienced professionals will talk to you and know your requirements and why you are applying for the loan.
- The borrower will receive conditional approval on the same or the next day after submission of your inquiry.
- We do all the final checks of the documents and finish all the due loan diligence.
- The borrower will sign the final contract.
- The borrower will receive the settlement within one to two days directly to their account.
Documentations Necessary for Applying to bridging loans in Australia
To apply for the bridging funds from HomeSec, you will need to submit the following documents.
- Details of the purpose for which you are applying
- Details on how you are willing to repay the funding back
- Identity proof documents like passport and driver license
- Proof of the existing fund repayments with six months of bank statement
What Are These Loans And How Are They Funded in 24 hours
What is a Business Bridging Loan?
They are just like traditional Bridging Finance, except for commercial investment or business purposes. They are secured against real estate, and neatly sit behind an
existing 1st mortgage.
A Business Bridging loan is where you borrow a fixed amount of money for a short period of time (ie: 1 – 6 months), and pay it back all in one go at the end of the short loan term. This is known as an Exit Strategy.
Common Exit Strategies for Bridging Loans are a total refinance of our loan and the current 1st mortgage, or the sale of an asset, or a major cashflow event.
What are the unique features of the HomeSec Business Bridging Loans?
SPEED – Firstly, with a HomeSec Business Bridging Loan, you can get from $20,000 to $2,000,000 in just 24 hours from the time you apply.
NO PAYMENTS – Best of all, you won’t have to be burdened with any loan payments during the loan term, because there aren’t any.
The interest is capitalised for the term of the loan, which means it is just added to the payout figure at the end of the loan term, rather than you having to pay it during the loan term.
NO FINANCIALS – As we are not asking you to service the loan repayments each month, we therefore don’t need to see your cashflow records or Profit & Loss statements.
Our message to you is simple – as long as you have
sufficient equity in real estate & a business purpose for the loan, we will fund you in 24 hours. They are that simple!
Why a HomeSec Business Bridging Loan is so important?
Let me explain a few quick things about HomeSec Business Finance.
Firstly, we are all about speed, service, honesty and transparency. When you take the simple 60 second step to Apply Online, one of our fantastic HomeSec team members will be in touch with you within no time
(during business hours) to have a quick, No Obligation chat with you to discuss your business loan application. It should take no more than a few minutes.
Secondly, once you’ve applied, we ask that you DON’T apply with any other lenders until we can chat with you. Now I don’t say this so we can do a hard sell on you.
No, it’s simply because… unlike us, most other business lenders will automatically do a credit check on you as soon as you apply. The more hits on your credit file, the lower it will make your credit score, which will make it much harder for you to get a loan. (many people aren’t aware of this).
It’s our aim to help as many small and medium sized businesses as possible, and HomeSec Business Finance have been successfully doing just that since 2004, so let
me assure you, you’ve come to the right place!
Who needs a Business Bridging Loan
HomeSec Business Bridging Loans have been used by business owners of literally every
business type, across all industries.
Aviation – Dental & Medical – Hospitality –
Automotive – Property Developers – Builders and Tradies – Ad Agencies – Beauty – Telecommunications – Scientific Research – Accounting & Law.
If your business has a need for a large sum of funds in a hurry (ie: by tomorrow), then a HomeSec Business Bridging Loan is gnerally the ONLY solution.
Our clients know that the benefit of getting the funds in 24 hours and without the hassle and
paperwork, far outweighed the cost.ing the funds
contract, but was still owed for past projects and needed a $500k to cover wages and get started. An imported received a call from a
manufacturerthat he had an oversupply of stock that he wanted to sell cheap, to the first buyer with the cash. We funded the $800k stock purchase and the importer tripled his profit.A consultancy firm was on the brink of collapse due to a huge unpaid tax debt. No one would help. HomeSec paid out their tax debt in 24 hours and saved them from ruin.
Our Customers
Homesec came to the rescue when another short term lender would not let me extend my existing loan. Homesec paid them out and then allowed me to extend until I was in a position financially to pay them out. They are fair and flexible which is exactly what I was looking for.
Richard - Business Owner from QLD
The team at HomeSec are genuinely helpful and a pleasure to deal with. The online application app is very easy to use. Initially you only need to enter the minimal amount of information into the app to get a fast response from one of the BDMs. This is good news when I get busy. Highly recommend HomeSec.
John Cooper
Dealt with Vince Bolger for some urgent finance for a customer. His knowledge and his after hours response allowed me to find a quick finance solution for my clients and I was able to provide an awesome outcome/solution. Thanks Vince for your help and guidance.
Matthew Sharlassian
HomeSec where easy to deal with and understood the needs of small business the application process was simple and quick i couldn’t be happier with them
Melanie Davis
Vince from Home Sec was so easy to deal with. This was my first experience with this organisation. Simple process, easy for my clients to navigate their process. Will definitely be using them again if need be.
Brad Frost
Homesec is the go to funder for our clients’ short term funding requirements. Thoroughly professional and they deliver on time every time. Private funding can be a minefield so its god to know there’s one you can trust.
John Brice
Excellent people to deal with. Proactive, Commercial and Understanding. Highly recommend Paul, Jason and the rest of the HomeSec team for your private lending needs
Paul Dubois
I have been dealing with HomeSec for some time and always find them professional, prompt and fantastic to deal with
Peter Cook
Superior effort from the staff at HomeSec. Had my loan approved within a day with no problems. I Highly recommend their services.
Leon Mand
It was a pleasure working with HomeSec right from the beginning. They act with integrity and are very transparent with the service they provide. I would highly recommend using HomeSec Business Finance to anyone.
Courtney Cochrane
Dealing with Vince and the team at Homesec is always a pleasure, experts in their field, quick to answer any questions, clear communicators. If i could give 6 stars i would!
Anthony Bacic
