How to get
Fast Caveat Finance
Caveat Loans are a type of finance where the funds are secured by a charge (known as a caveat) on your property. They are the fastest way to get cash out of your property and can provide you with an instant solution to an urgent problem.
A Caveat Finance Example: Dave the plumber has an investment property worth $500,000, with a first mortgage owing of $250,000 to ANZ Bank. This property is listed with a real estate agent and should be sold within the next 3 to 6 months. He needs access to the equity in his property to put into his plumbing business to increase his operations and capitalise on an opportunity. He gets a caveat loan secured on his property, behind ANZ Bank. The funds are provided within 4 days and he doesn’t miss out on the business opportunity. The property sells and he repays the loan.
You can see from the above example how useful caveat loans can be however they can be used for many other purposes including:
- Business debts
- Home renovations
- Development purposes
- Business purchase
- Cash flow
How do you find the right caveat lender?
You need a caveat finance lender who can act quickly. In most cases money can be in your bank account within days. Problem solved.
You need a caveat loan provider who is reputable in the industry and is not just another predatory lender or “loan shark”. Often enough, pretend lenders come into the caveat finance market and charge unconscionable fees and interest. Some of these predatory lenders never actually lend and just collect upfront fees from borrowers and then decline the loan.
Easy Settle Finance is a trusted provider of Caveat loans, with a great track record, we have helped many borrowers obtain caveat loans and second mortgage finance. Call us now on 1300 730 267 to discuss your Financing today. Or complete our Quick Enquiry form and we’ll call you back shortly.