Business documentation
Many lenders require a raft of documents to even consider looking at your long term business loan application.
- We know that every business is different, and your financials might not meet the traditional definition of acceptable.
- Some moments have a small window of opportunity. And simply taking the time to compile forensic detail might mean you miss that golden moment. Or pay the price.
Security
So we can reduce the number of documents you need and get you funded, we need to secure your loan. Our long term loans require a first mortgage on an Australian property. We’ll order a sworn valuation of your property through an accredited Valuer, which you’ll need to pay the valuation fee for. Once the Valuation is complete and we’ve confirmed the security is acceptable we can get things moving.
Exit strategy
Every long term loan needs a solid exit strategy. It gives the lender the confidence the borrower can complete the loan and it gives you a manageable and achievable plan.
Consider how you can complete and exit your loan. For our long term loans, this will be how we manage your security and how much time you need to pay off the loan. If it’s legitimate and feasible, we’ll help you find the right exit strategy for your situation.
Funding your loan
Once we’ve spoken to you and agreed on the way forward. We’ll move heaven and earth to get you sorted. Typically, long term loans require more documentation, given the complexities with security over properties. This may take up to a couple of weeks but put your trust in us and we’ll sort you out.
