Our Business Bridging Loans – Caveat Loans – 1st & 2nd Mortgages Loans
I want to thank you for considering to choose HomeSec Business Finance for your urgent business funding, and if you apply today, hopefully you are now only ONE day away from having the funds you need for your awesome business.
We specialise in providing small business owners with the funding they need to help them grow their business, or save their business from a crisis.
Our short term business loans are a lifesaver for small business, however if this is the first time you’ve applied for business finance, there are a few potholes you may not expect on your journey.
My team and I wouldn’t be doing our jobs properly if we let you move through the process unprepared. If there’s one thing you can’t afford to take risks with, it’s your finances. To help you understand the process and avoid the hidden potholes, I’ve prepared a series of short information videos for you, which will automatically be emailed to you when you Apply Online.
Don’t worry. Each video is only a couple of minutes long, but they do have a lot of valuable information in them. PLUS I cover some things you really need to know right now about applying for business finance.
You’re in Safe Hands at HomeSec
Why a HomeSec Business Loan?
Let me explain a few quick things about the award winning HomeSec Business Finance.
Firstly, we are business lenders 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, you and your loan requirment become our sole focus. You don’t wind up just being a number in a long queue. We get a small team of experienced staff straight onto your application. However, we kindly 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 anywhere. (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 has been successfully doing just that since 2004, so let me assure you, you’ve come to the right place!
HomeSec- the best Business Lenders in Australia for any Loan
Businesses are expensive to begin and run, as they will need constant capital to pay their regular expenses. Thus, business owners may need to apply for a loan at some point for smooth company operations. There are various business loan types available in HomeSec with interest rates and repayment terms. You can use the business loans for paying unexpected expenses for expansion costs like:
- Buying a storefront or an office
- Updating the IT software or any other technology
- Upgrading the business equipment
- Paying advertising expenses or staff wages during the early stages of business
You can secure a business loan if you are looking to move your business to a shopfront or commercial premises, Homesec funding allows you to access funds quickly. You can also secure the funding against the home you live in. HomeSec, as one of the renowned business loan lenders in Australia, charges interest rates in slightly different ways compared to traditional bank lenders in Australia. We charge the interest on a monthly basis as our funding is of a short term nature and not long term like traditional banks.
Business loans function like other loan products. Upon approval, HomeSec will provide the required finance for assisting with the working capital of your business or buying an asset. We charge a fixed interest rate based on the repayment terms and available equity.
What are the various types of business loans available at HomeSec?
HomeSec, a pioneering business lender in Australia, offers the following business loans to borrowers.
With the help of secured business funding, you can secure financing for a company using the equity available in your property. Minimal paperwork is required and funding can occur within 24 hours.
Capitalised Business Loan
This loan is also secured however all the fees and interest associated with the loan can be added into the loan and paid in a lump sum at expiry, this means no monthly repayment commitments.
Equipment finance is used by businesses for buying assets, like vehicles or machinery and upgrading the latest technology. The equity in your property can also be used by your business to purchase much needed equipment.
Business Vehicle Finance
Whether you want a car, a truck, or a UTE, business vehicle finance from the best business lenders like HomeSec will help to get your company on track. You can use our product to arrange for a vehicle purchase if you find a good deal and do not have the time to approach other traditional business lenders in Australia.
Check out your finance alternatives if your business is beginning its journey and is comparatively new in the market.
Working capital finance
Working capital funding will help the business owner make regular payments like payroll, paying invoices, continuing daily operations and buying stock. Thus, it is one of the best options if you are having difficulties in cash flow or looking for ways to cash buffers in your business.
In asset finance, the borrower uses the available equity for buying other equipment, machinery, commercial property and business vehicles. Sometimes business loan lenders also consider the asset you are purchasing, as collateral for the loan. Any asset associated with the operation of your business can be purchased using the available equity.
How to become eligible for a business loan from HomeSec?
HomeSec includes some general eligibility criteria for business loans which are as follows.
The business should be operating for a minimum of 6 months if you are considering a long term interest only option. However business age is not applicable while applying for a startup business loan and provided you have sufficient equity start up finance is no issue.
We check the credit history with the company however it is not a crucial aspect of approval if the business has any unpaid tax debt or defaults, you may need to repay these from the loan proceeds However, every application is different and this does not automatically affect approval for the loan.
Your business should make a specific turnover amount to qualify for a loan that has monthly payments. This revenue can vary from 50000 to 200000 dollars annually. The turnover is also helpful for the lender to calculate a loan that your company can afford with interest rates.
The business owner should have an ACN (Australian Company Number) or ABN (Australian Business Number) to qualify for business finance.
Advantages of HomeSec over a Traditional Bank
- Private lenders in Australia, like HomeSec, are much easier to deal with than the traditional banks
- Less strict on loan approval than the banks
- Obtaining a loan from HomeSec is easier and faster than the bank
- A lower amount of paperwork to submit
- Loan approval is within a few hours or days
- Offers tailored and customized approach to lending compared to banks
- Credit history is irrelevant
So if you are looking for the best private business lender in Australia, HomeSec is the name! Call us or apply, and our financial advisor will get back to you!