Secured Debt Consolidation Loans, Funded Fast

Yes, where the warehouse property has the equity inside 70% of its value. The loan funds are paid to the business, which pays out each provider, and the daily debits stop once each advance is paid in full. Ask each provider for a payout figure in writing now, because a merchant cash advance payout is set by its own terms, not by the amount originally advanced.

Not all of it on the factory alone. 70% of $1.4 million is $980,000, and with $600,000 owing to the bank there is about $380,000 available, against $410,000 of debts. The $30,000 gap can be closed by adding a second property as additional security, by paying one debt such as the credit card from cash flow, or by leaving it out of the consolidation. A second mortgage behind your bank starts from 11.95% p.a.

• →second mortgage finance

No. We lend against property, not against the trucks. The loan is secured by a first or second mortgage over residential, commercial or industrial property, and paying the balloon is what part of the money is used for. Once the business pays the balloon, ask the finance company to confirm in writing that its interest in the trucks has been released.

It can be. Ask that lender for a written payout figure that includes the break cost, then set the total against what the facility would cost you if it ran to its end date. If leaving that loan in place works out better, the consolidation can pay out the others and leave it running. We size the loan on the payout figures you choose to clear.

Yes. A refinance is a defined exit, and a bank that has already said it will look at the file once the other debts are cleared is the kind of exit we want to see. Ask the bank what it needs to see and by when, in writing if it will, so the term of our loan can be set to match. Terms run from 1 to 24 months.

Yes. A second property can be added as additional security, with the 70% limit applied to each. 70% of the home is $840,000, leaving $190,000 after the $650,000 owing, and 70% of the unit is $350,000, leaving $150,000 after the $200,000 owing: $340,000 in total. That is exactly the amount you need, so there is no margin if a valuation comes in lower. Our in-house valuers confirm both values before terms are issued.

Yes, where the combined total stays inside 70% of the property value. For a second mortgage, the 70% covers the bank's balance and our loan together, so a property worth $1.5 million with $650,000 owing to the bank has room for $400,000. Our second mortgage rates start from 11.95% p.a., and the bank's first mortgage stays as it is. Ask your solicitor to check your bank's loan terms, because some require the bank's consent before a second mortgage is registered.

Yes. The sale of a property is a defined exit, and terms run from 1 to 24 months, so the loan can be set to run past the expected sale date with time to spare. Where it has the equity, the block can also be part of the security. Tell us how far the sale has progressed: listed, under offer, or not yet on the market.

About $4,850 a month. $600,000 at 9.7% p.a. is $58,200 a year, or $4,850 a month, and on a second mortgage from 11.95% p.a. it is about $5,975 a month. Those figures are interest at our starting rates, and your rate depends on the property and the exit. The $22,000 you pay now includes principal, so compare like with like with your accountant before you decide.

Yes, on those figures. 70% of $2 million is $1.4 million, and $900,000 is well inside it, even if one of the facilities being paid out is a mortgage over that property. The loan funds are paid to the business, which pays out the three facilities and keeps the $200,000 for business use. Tell us the exit, such as a refinance or a property sale, because that sets the term.

A secured debt consolidation loan allows a business owner to combine multiple existing debts, such as equipment finance, short-term business loans or merchant cash advances, into one structured facility secured against property. This reduces interest costs, simplifies repayments, and improves cash flow.

Traditional banks may take weeks to approve a loan, but as a Sydney-based private lender, Secured Lending can issue indicative terms the same day and fund within 24 hours once documentation is complete.

Yes, most businesses reduce overall interest costs and simplify cash flow by replacing multiple facilities with a single secured loan. The repayment structure can also be tailored to match seasonal or uneven business income.

Yes. Secured Lending frequently works with clients in arrears or under financial stress. Rolling those facilities into one secured loan can head off further defaults, reduce the strain, and put repayments back under your control. Where a lender has already issued a notice or the ATO has begun recovery action, the closer fit is a debt restructure, which clears several debts in a set order rather than simply combining them.

Most secured debt consolidation loans are backed by residential property, commercial property, or development sites. Property is the most common security accepted, and in some cases, other high-value assets may also be considered.

Not on its own, and no lender should tell you otherwise. What it does is stop the damage getting worse. Clearing arrears and closing out defaulted facilities removes the events that would keep being reported, and a single facility repaid on time builds a cleaner record from that point forward. Defaults already listed stay on file for their full term regardless of who pays them out.

It depends on the deadline. A statutory demand or an expiring private loan has a fixed date, so we may pay that debt first and consolidate the rest after it.

• →urgent loans