Situations

The problem, not the product

Nobody rings us asking for a caveat loan. They ring because an ATO payment plan has defaulted, or a settlement is falling over on Friday. These are the situations we actually get called about, grouped by what has gone wrong rather than by which instrument solves it.

You do not need to work out which product you want. Tell us the situation and we will tell you which one fits.

If something has a deadline on it

A Director Penalty Notice runs 21 days. A statutory demand runs 21 days. An ATO intent-to-disclose notice runs 28 days. A winding up application has a hearing date and changes what you can do with company property the moment it is filed. Start here to work out which problem you have — including the ones where the right answer is not a loan.

The six we fund most

Cashflow gap

The bank said no. The ATO said now.

Tax or creditor pressure, and equity sitting in your home or an investment property that the bank will not let you reach in time.

How we fund it → Opportunity

Stock, plant or a site at a price

A window that closes in days, not in the six weeks a bank needs to reach an answer. The deal is good; the timing is the problem.

How we fund it → Bridge

A settlement or refinance that moved

The exit is already in sight — a sale, a refinance, money that is coming — just not yet. You need to get from here to there.

How we fund it → Start-up

No trading history at all

New entity, new ABN, no financials to show anyone. Equity in property and a clear purpose carry the case.

How we fund it → Credit-impaired

Defaults, arrears, a thin file

A credit score that rules you out everywhere else does not rule you out here. We lend against the property and the exit.

How we fund it → Regional

Outside the metro postcodes

A country town, a rural holding, vacant land — security that a capital-city lender will not look at.

How we fund it →

✓If there's equity and a business purpose, there's usually a way.

Every situation we get called about, by what has gone wrong.

Seven shapes, and most businesses arrive in more than one of them at once — a tax balance and a slow debtor, or a declined application and a deadline. That is normal, and it does not make the file harder. Find the one with the earliest date on it and start there.

The ATO is moving

A tax debt does not disqualify you here. It is the reason most of these people call — and every one of these has its own clock.

ATO payment plan defaulted Director Penalty Notice received Garnishee notice on the bank account Intent to disclose the debt to credit bureaus Unpaid superannuation guarantee Tax returns not lodged BAS due and cannot be paid

A settlement or refinance has slipped

Where the exit is dated and documented, this is the most straightforward file we write.

Settlement shortfall on Friday Bank refinance stalled in credit Buying, and the finance fell over Vendor charging penalty interest Sold but not settled Deposit due before the sale completes

Someone has not paid you

Timing risk concentrates in construction, but it is not confined to it.

Progress claim certified, not paid Retention released too late Variation in dispute A customer has gone into administration Debtors stretching past sixty days Payroll due and the money is not there

A creditor or a lender has moved

The decision was made for you and there is a date on it. There is usually more room than it feels like.

A supplier has stopped supply The bank has called the facility A private lender's term is expiring A daily-debit facility is strangling cash Several creditors at once Overdue creditors chasing

A deadline you cannot move

When the answer is needed in days, a caveat needs nobody else's consent.

Statutory demand received Winding up application served Equipment broke down mid-job Stock deposit before the season Auction settlement in three days

An opportunity that closes this week

Larger amounts, better priced, sitting behind the loan you already have.

Buying out a business partner Buying a business A franchise fee due at signing Deposit for a commercial purchase Equipment at auction, no deposit to hand A fit-out or a second site Expanding faster than cash allows

You have already been declined

Credit history is considered and is never disqualifying on its own. There is no score threshold here.

Declined for an unsecured loan Defaults or judgments on file Bad credit history No trading history — a start-up Financials not up to date Declined on postcode

Not on the list?

It almost certainly still fits. The test is not what the situation is called — it is whether there is a business purpose, property with enough equity, and a credible exit. Call us and describe it in your own words. Or start here.

Straight answers, fast.

No real-estate security to offer, a loan that would sit third behind two existing mortgages, or money for personal or domestic purposes — those are not HomeSec loans, and we will tell you inside the first phone call rather than three weeks in.

And the one we decline on principle

A structural trading loss. This product solves a mismatch between when money leaves and when it arrives — it does not solve a business losing money on every job. Borrowing at private rates against the family home in that situation makes the eventual outcome worse, and we would rather tell you in the first ten minutes than take the file.

Questions people ask before they call

What situations does HomeSec actually fund?

Any situation with a genuine business or commercial investment purpose behind it, where there is Australian real property with enough equity and a credible way the loan is repaid. In practice the calls cluster into seven shapes: the ATO moving, a settlement or refinance slipping, somebody not paying you, a creditor or lender moving against you, a fixed deadline, an opportunity that closes this week, and having already been declined somewhere else.

My situation is not on the list. Does that mean no?

No. The list is what people ring about most often, not a set of eligibility rules. The test is the same regardless of what the situation is called: an active ABN and a business purpose, real property with equity, a position on title we can take, and a credible exit. Describe it in your own words on the phone and you will get a straight answer in minutes.

Which of these has a deadline I should deal with first?

A Director Penalty Notice runs 21 days from the date of the notice and cannot be reopened afterwards. A statutory demand runs 21 days, and failing to comply creates a presumption that the company is insolvent. An ATO intent-to-disclose notice runs 28 days. A winding up application has a hearing date and changes what you can lawfully do with company property the moment it is filed. Anything with a fixed date beats everything else on your list today.

Do I need to know which loan product I want?

No, and most people should not try to work it out. The instrument — a caveat, a second mortgage, a first mortgage — follows from the situation, the timing and what is already on the title. Tell us the problem and we will tell you which one fits and what it costs.

Will an ATO debt or a default stop me?

No. An ATO balance, defaults, judgments, arrears and unlodged returns are all common on the files we write, and none is disqualifying on its own. There is no credit score threshold and no serviceability test — a person reads every application.

What situations do you decline?

Four. No real property in the ownership group. A position sitting third behind two existing mortgages. A personal, domestic or household purpose, which is regulated consumer credit and a different kind of lending. And a business losing money on every job rather than short between two good ones — where a loan would add the property to a problem it cannot fix. You will hear any of those on the first call rather than after a fee.

How fast can any of these be funded?

An indicative answer on the first call, conditional approval in about fifteen minutes from three documents, and settlement in as little as 24 hours from a clean, complete scenario. Where a registered second mortgage needs an existing lender's consent, that consent is the one thing outside anybody's control and usually adds a week or two — which is why a caveat exists as the alternative.

If you are not sure which of these you have

That is the ordinary position rather than an unusual one, and it is what the triage page is for — it sorts the problem, names the fixed deadlines, and asks the question that decides everything: is the problem the timing, or the total. Or say it out loud to a Lending Manager and let them sort it: 1300 93 83 87, Mon–Fri, 8:30am – 5:30pm Melbourne time.

Sixty seconds, no documents

See if you qualify in sixty seconds

Three short questions, no credit check to apply and no financial statements. A Lending Manager reads it and calls you back with a real answer — not a call centre, not an algorithm.

That's the HomeSec Advantage.

See if you qualify Call 1300 93 83 87Mon–Fri, 8:30am – 5:30pm Melbourne time