Home loans & Refinancing

Indicative rates from 6.89% per annum

• First Home Owners
• Investment properties
• Refinances
• Renovations
• House and Land

Small business loans for Australian companies

Small business loans have real benefits to new or established companies in Australia. Whether you are seeking start-up financing, bridging finance or business growth finance, there are numerous options to consider before settling with any given lender. In this article we’ve put together a guide of some common scenarios faced by people looking for small business loans in Australia.

Start-up financing for Australian businesses

It’s no secret that starting a business can require significant capital investment. One of the top 5 reasons start-up ventures fail in Australia is insufficient capital funds. Whether your business needs equipment, raw materials or other tools, financing with a small business loan is the simplest way to ensure you cover your risk.

In Australia, it is estimated that the average age for a start-up venture is between 35-44 years old. This demographic has a much better chance of obtaining a financing solution due to the availability of solid financials or alternatively, asset lending.

Cash flow and short term business loans

One of the other major reasons start-up business fails in Australia is insufficient cash flow. This can be extremely detrimental to the success of your business and is completely avoidable with the right financial plan. If you have cash flow problems, your business growth could be hampered as you struggle to recover your invoices whilst continuing to incur costs. If you find yourself in this situation, a quick short term business loan could save your business.

Business property finance

Whether you’re buying your first commercial property or moving (bridging) to your next, a small business loan is your best bet for obtaining new premises to operate from. Easy Settle Finance has experience lending to Australian small business owners of all types. With access to a large private network of lenders; we can lend you up to 60% LVR on your commercial property or even more if you secure your loan on a residential property as either a first or second mortgage.

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Short Term Funds and Caveat loans made easy

Renovating properties is a common and often profitable way of increasing property value and unlocking more equity in your home. Often these projects can require fast turnaround short term funds to bridge the gap between your shortfall and your required capital to take on the project.

Get short term funds with a caveat loan

As short term funding specialists, we know how complicated it can be to put through traditional finance applications in time to meet your deadlines. That’s why we skip all the traditional red tape associated with a normal bank loan to deliver short term funds to you as quickly and as easily as possible.

One of the instruments we use to do this is known as a caveat loan. This is a temporary product which goes behind your first home mortgage and involves the use of a caveat on your property. This is then offered as security for the loan which means we can get you short term funds extremely quickly.

Moving house? Bridging finance can help

If you are selling your house or business premises, you may require bridging finance if your new property settles before your old one sells. In order to facilitate the sale, we can offer expert advice and a quick turnaround on short term funding for your sale. We can lend between 70-75% LVR on residential property and 65% on commercial at competitive interest rates.

Asset Lending vs Overdraft for Short Term Funding

When looking for a source of short term funds, banks will often try to establish an overdraft facility. This can be an appropriate tool to provide you with the appropriate funding for business or personal projects. However, if you have property assets, you can borrow against your asset either with a caveat loan or a second mortgage behind your primary one.  This way you can completely avoid strict bank requirements and fees that these types of accounts typically attract.

Anyone with equity in their home can take a second mortgage or caveat loan to unlock short term funds to meet cash-flow or investment purposes. At Easy Settle Finance we can provide expert tailored advice about short term financial solutions and their suitability to your purpose. and we do it so easily!

Caveat loans and bridging finance from Easy Settle Finance

Caveat loans are ideal instruments for providing short term finance for your business or investment use. In short, we are able to lend money secured on your property by either a caveat or a second mortgage instrument which is secured behind your first mortgage. If you have a second mortgage or a caveat over your real property, you will be unable to transfer title to that property to anybody else until the second mortgage or caveat is released and the debt is paid off.

When is it best to use a caveat loan?

Caveat loan products are ideal for providing short term funding in a cash flow crisis or short term project for business or investment use. If you have an exit strategy for the full repayment of the funds on a short term basis, a caveat loan could be the perfect financial product for you. We’ve serviced clients who have needed to meet an urgent deadline, or even take advantage of a lucrative opportunity such as a property development, purchase of new stock or investment purchases. We are flexible with security offered for the caveat loan and you can provide either residential or commercial property for security of your caveat loan.

When it comes to caveat loans, we’re in the know.

A caveat loan is part of a portfolio of products we specialise in at Easy Settle Finance. Our expert financial advisors can offer advice on your financial situation, your exit strategy and guide you through the simple application process. Caveat loans may be the perfect short term financial solution for your cash flow crisis.

Caveat loans are legal products, experience is key to successful lending

We work with a large network of private lenders to provide you with caveat loans as an alternative short term financial solution to the large lenders and banks. This process involves the use of solicitors and we only use the most experienced of solicitors who specialise in caveat loans and solicitor loan products to ensure you get the best possible service. Find out today about the Easy Settle difference and fast track your short term caveat loan solution.

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Short term finance from Easy Settle Finance

Cash flow can often make or break a business, especially in the early stages of development. In the course of your business you may require some quick and easy short term finance to manage cash flow and meet business deadlines.

Short term finance from a larger lender is slow

In order to accommodate short term funding shortages, banks will often setup a line-of-credit or an overdraft facility. These are of course, based on the banks credit approval processes which can take time and are often subject to serviceability restrictions. At Easy Settle Finance, we can arrange short term finance and we can do it extremely efficiently.

How can we provide easy short term finance?

We have a network of private lenders at our disposal ready and willing to provide you with competitive fixed rate loan products ideal for short term financing. These include products like second mortgages and caveat loans which are all designed for fast, over the phone approval and ideal for providing short term cash flow solutions.

What are the applications of short term finance?

Small to medium enterprise will find short term finance to be especially useful for dealing with cash flow issues such as outstanding invoices, or refinancing to ensure business runs smoothly. While overdraft facilities offered by the banks may provide you with daily flexibility, they also have a higher risk factor due to their variable rate. If you need a loan upwards of $5000, an overdraft could be extremely risky for your business especially if you are uncertain exactly how short term the loan will be.

Builders or property developers can use short term finance products like second mortgages or caveat loans to fund expenses surrounding their development projects. This can be ideal because you can secure the property with funds from your development and you have a fixed rate payment plan to follow or the interest can be prepaid or capitalized from the loan, which promotes certainty for your project.

Anyone with equity in their home can take a second mortgage or caveat loan to unlock short term funds to meet cash-flow or investment purposes. At Easy Settle Finance we can provide expert tailored advice about short term financial solutions and their suitability to your purpose. and we do it so easily!

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What to look for when choosing a caveat lender

Caveat loans are short term, property secured solicitor loan products that provide cash flow options for businesses or individuals. They are suitable for a variety of different liquidity problems or just for providing some quick extra funds to ensure a project runs smoothly on schedule.

Caveat loans are geared towards solving cash flow problems, so its vitally important that your caveat lender has the experience, connections and resources to get your loan processed quickly. Here are some other things you must know before you choose a caveat lender:

What is a caveat?

A caveat is a legal instrument that is used to protect an interest over the property given as security for the loan. If you have a caveat over a piece of real property, you will be unable to transfer title to that property to anybody else until the caveat is lifted and the debt is paid off.

It is a common misconception that if you have a bank mortgage that your bank will absolutely not allow you to take out a caveat loan. Your bank will typically have no objection to a caveat interest being taken out over your property provided you write to them in advance. In this case, we can offer expert advice about your financial situation and how to approach your bank to obtain a caveat loan.

You need a solicitor, and so does your caveat lender

Caveat loans, like many other private loan products require a solicitor. This is done for both your protection and the lenders protection, and to promote certainty and clarity in the transaction. With this in mind, you need to ensure that your caveat lender isn’t using just anybody. You should use a reputable solicitor that specializes in private loan products.

If you have a project that could use a quick, short term injection of funds or have an urgent deadline; send us an obligation free enquiry and we will endeavor  to make your loan experience a quick and easy one!

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Brand new look and feel!

Welcome

Easy Settle Finance has undergone somewhat of a transformation! Fear not though, we’re still the same business, offering the same great service on solicitor loans, private mortgages and non-conforming home loans, just with a more professional look and feel. We also took this chance to streamline our contact and enquiry forms, making them as easy and straightforward as possible!

Sign up to our Newsletter

However, that’s not all we have done, we have also added the option of signing up to our newsletter, found at the bottom of the page. We are planning monthly newsletters, updating you on what has been happening over the last month.

Easy Settle Finance has arrived on Facebook!

You’ve probably also noticed the Facebook box over to the right hand side of the homepage, help us grow by clicking the ‘like’ button! If you have any basic questions or want help with understanding something then try asking us on Facebook or alternatively use our quick enquiry form.

Private Mortgages

We specialize in providing private mortgages, second mortgages and short term funds Australia-wide. We take the headache and the red tape out of organising finance leaving you more time to do what you do best.

Short Term Finance

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