AUSTRALIAN CAPITAL LENDING FOR CAVEAT LOANS
Does your small business need a loan in a hurry? Of all the options on the market, the caveat loan can prove one of the most expediate to attain and access capital with. In many cases, it involves the small business owner utilising the equity from their property to release a short-term loan. In some cases, Australian Capital Lending can even facilitate the caveat loan in-house . While the interest on caveat loans are often loftier than usual, and can rise above 25 percent with some banks and institutions, with Australian Capital Lending we can secure the optimum value-for-money rate to get you the money you desire. We will strive to get your loan approved within 24 hours, and then depositing the figure required within 72 hours. One benefit of the caveat loan is there is no deposit required. Meaning fewer headaches en route to the necessary loan.
HOW A CAVEAT LOAN WORKS
The caveat is secured against a residential or commercial property in the small business owner’s name, applied to the equity. The small business owner, or an accountant acting of his or her behalf, must provide a solution in the event the loan is not paid back within of a few months, which can be refinancing, the sale of an asset or property, or another option as discussed with the lender. Once the caveat is paid back, usually in a period of between one week and four months, the caveat is then removed. Note, this is a short-term financial option that suits small but immediate loans.
CAVEAT LOANS CAN ALSO BE USED BY PROPERTY BUYERS/OWNERS
While caveat loans are more closely associated with small business owners, they can also be used by property buyers who are experiencing a shortfall on their settlement. In other cases, it can be used by property owners when the cost of renovations or upgrades to the house has exceeded expectations, and a caveat is needed to pay the cost and escape exorbitant interest by the developer or construction company. At Australian Capital Lending, we can bring you a much-needed sigh of relief – and at the market’s most affordable rate!
THE OPTIONS FOR IMMEDIATE FINANCING INCLUDE:
CAPITALISE ON GROWTH OPPORTUNITIES WITH AUSTRALIAN CAPITAL LENDING
If a salivating business prospect is on the horizon, a caveat loan is the ideal way to get the money you need in a hurry. Contact Australian Capital Lending now for a market-leading rate, and don’t let an opportunity go begging. With same-day approval, we’re waiting for you call.