Business Bridging Loans
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 a HomeSec Business Bridging Loan?
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 Loans so important?
Let me explain a few quick things about HomeSec
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.