Fast Short Term Business Loans

Yes, where the bank's payout figure fits inside 70% of your home's value. Your company is the borrower and your home secures the loan. The insurance payment can be the planned repayment, with a sale or a bank refinance as the second source, and the term can be set at three or four months to allow for a delay in the claim. Send us the default notice, the bank's written payout figure and the insurer's acceptance of the claim with its expected payment date. We lend against the home, never against the claim or the policy.

• →Refinancing a lender that has issued a default notice

Yes, our terms start at one month and run to 24 months. A seven week need would usually be written as a two or three month term so a late settlement does not leave you out of time. Ask us how early repayment works on your loan before you sign, and have your solicitor read the loan documents.

We need to learn your scenario further, but you do not need the bank's approval in hand to start. We need a dated plan: when the returns will be lodged, which bank, and what it has said so far. The more of that you can show in writing, the stronger the exit. A broker's or accountant's letter setting out the timeline helps.

Yes. The loan is secured by a mortgage over your investment property, not over the business you are buying, and the bank loan can be the exit once it is approved. If the investment property is worth $2.5 million with $300,000 owing, 70% of the value is $1.75 million, which leaves about $1.45 million of room, enough for the $1.2 million plus costs.

• →business acquisition loans

It can. We assess the equity in the property inside our 70% limit and how the loan will be repaid, not whether last year's profit and loss passes a bank's serviceability test. What matters most is the exit. Show us the sale, refinance or contracted income that repays the loan within the term, with dates.

Yes. The three units together are worth about $1.95 million, and 70% of that is $1.365 million. If each has $150,000 owing, $450,000 in total, that leaves about $915,000 of room before costs. We can look at second mortgages behind each bank, subject to what each bank's loan terms allow, or at refinancing all three loans into first mortgages.

Yes, we lend against regional property as well as metropolitan property. Our valuation team is in house and assesses each property on its own merits. Send the address, what the building is used for and any lease in place, and we will tell you early what it supports.

Yes. A formal bank approval with a funding date is a documented exit, and a one or two month term covers six weeks. Send the bank's approval letter and the date you need the money. Check with the bank that our mortgage being repaid from its loan does not change its own conditions.

• →when the refinance funds are delayed

It can, where the exit does not depend on the refund date alone. An ATO review has no fixed end date, so we would want a second way to repay, such as a property sale or a refinance, as well as the refund. Set the term with room to spare, and ask your accountant for their best estimate of when the review will be finished.

Because the amount is set by the equity in the property, not by an unsecured lending limit. We lend from $250,000, up to 70% of the property's value, at rates from 9.7% p.a. If the property you can offer has $400,000 or more of room inside that 70%, the full amount can be one loan with one exit.

Yes. The company is the borrower, and the investment property you own is the security. On an asset-backed loan we do not need full financial statements or tax returns. Title details for the property, identification, a rates notice and an accountant's declaration or six months of business bank statements cover most files. With eight months of trading, the company's bank statements will show the business is running. The exit still needs a date on it.

We can fund your loan within 24 hours of approval in many cases. Our in-house property valuation team assesses your security simultaneously with your application, which is how we move faster than traditional lenders.

Our short-term loans are secured against Australian property, whether residential, commercial or industrial. The quality and value of your security property is the primary factor in our assessment.

Yes. We assess the security property and your exit strategy, not your credit score. Borrowers carrying previous defaults, ATO debt, judgments or recent arrears are funded here every week. What has to hold up is the equity, which must sit inside 70% LVR, and a documented path to repayment inside the 1 to 24 month term.

We lend from $250,000 for short-term business loans. Most loans are $250,000 to $10 million, and larger loans are assessed case by case once we understand the scenario fully.

We lend to a wide range of businesses across Australia, from SMEs to property developers, borrowing through a company, including a company acting as trustee. We lend to companies, not to individuals. If your business has a clear short-term funding need and suitable property security, we can help.

Far less than a bank asks for. Title details for the security property, the borrowing entity and its directors, identification, a rates notice, and enough evidence of position to make sense of the request. An accountant declaration or six months of business bank statements covers most files. Full financial statements and tax returns are not required on an asset-backed deal.

Yes. We have a page for each common situation, including auction purchases, off-the-plan settlements and business purchases, each with the steps and documents.

• →short term urgent finance