Crisis averted – winding up application dismissed

Mark Hutchins

Mark Hutchins

Director - Secured Lending

We were approached by an accountant for urgent funding as his client was served with a winding up notice for an outstanding debt owed to the ATO.

If his client failed to pay $250,000, his company would be placed in liquidation in 2 days time.

The Accountant approached a number of lenders, however, they were experiencing significant delays due to valuation timeframes, condition precedents and upfront costs to proceed to settlement.

Within 24 hours, Secured Lending funded the Client and the winding up application was dismissed.

Our loan was secured by a second mortgage over the Directors property and our client is now in the process of refinancing our loan.

We also have a team of in-house property experts that can approve loans in a matter of hours and settle the next day.

If you require urgent finance, complete the Application Form or contact us at info@securedlending.com.au 

Secured Lending

FAST FUNDING SOLUTIONS

Secured Lending focuses on non-conforming, short term funding solutions with incredibly quick turnaround times. So why Secured Lending?
  • We have our own internal property valuation team.
  • We can settle caveats, 1st and 2nd mortgage loans within 24 hours up to $45m.
  • We pride ourselves on being transparent and honest in our approach, always aiming to have an initial assessment back to you in a few hour

Our rates start at 9.95% p.a. with loan terms from 1 – 24 months.

 If you have a scenario to discuss, please call us on 1300 795 175.
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