Does your business need access to funds by tomorrow? Been declined elsewhere, or just tired of getting the run around from banks and non-bank lenders? Want a real finance solution, with transparent costs, easy-to-meet conditions, lots of flexibility… and great service? Well you have come to the right place!
SHORT TERM BUSINESS bridging loan
Short Term Business Loans are like Bridging Finance for Business or Investors. They are perfect if you just need urgent funding from 1 to 6 months, and you don’t want the hassle of having to make payments during the loan term.
They are also the perfect solution if you are refinancing, but can’t wait for your bank, or if you have sold a property but need the funds NOW.
2ND MORTGAGE LOAN
HomeSec 2nd Mortgage Loans are perfect if you need funds in 24 hours, but you want a much longer loan term. They are very similar to our Short term Business Loans. The only difference with 2nd mortgage loans is you need to service the interest monthly.
Being an Interest Only loan, the monthly payments are a lot less that a traditional Principal & Interest loan.
OUR LOANS | SHORT TERM BUSINESS LOAN | 2nd MORTGAGE LOAN |
Loan Amount | $20,000 to $500,000 | $20,000 to $500,000 |
Loan Term | 1 – 6 months | 12 – 24 months |
Interest Payments | INTEREST CAPITALISED | INTEREST ONLY – PAID MONTHLY |
Poor Credit Score | OK | OK |
Cashflow Records Required | NO | YES – 6 MONTHS |
Tax Debts | OK | OK |
Fund Start-Up Businesses | YES | NO |
