Crisis averted – winding up application dismissed

Hutch

Over $400 million in business loans Australia-wide.

Picture of Gino Tabila

Gino Tabila

Associate 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 

Why Secured Lending?

  • With over 250 clients, we’ve serviced over $400million in loans Australia-wide.
  • We use our own funds and have our own internal property valuation team. This means we move fast.
  • 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 hours.
  • Our rates start at 9.95% p.a. with loan terms from 1 – 24 months.

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