Business Lending

Delays in obtaining urgent funding from traditional sources such as banks and other financial institutions can result in loss of income, business and even the loss of a deposit if a property settlement does not take place on time.

Or

it could be to purchase new equipment or machinery that will enable them to produce more goods or work more efficiently. For others, it could be to invest in new premises to open another outlet or to enter a new market or start a new business.

Short term finance and business loans are designed to assist in these circumstances, to be able settle within just days, not months or weeks.

Caveat Loans, Asset Lending, Short-Term Finance and Short Term Business Loans, either unsecured or secured by First Mortgage, Second Mortgage, Caveat or Charge Over Assets are a great way to access funds fast in assisting with additional cash flow for your business needs.

Banctec Mortgages can customised a short-term finance solution for you with flexible terms from one to twelve months, from our vast network of alternate lenders as well as some of the fastest turnaround times and competitive rates.

Short Term Business loans do not require financials or tax returns and can be used for any business purpose including arrears and tax debts.

Loans up to $1,000,000 secured by 1st or 2nd mortgages/caveats.

Loan terms from 1 month to 6 months.

Interest only repayments can be paid monthly or borrowed and capitalised into the loan amount

Loan Value Ratio (LVR) limits - Up to 75% on residential, 70% on commercial properties and 70% on land only.

Small Business Loans of $5,000 to $300,000 with terms between 3 and 24 months and cash flow friendly repayments that are either daily or weekly.

Unsecured loans up to $100,000 are considered by the health of a company to determine creditworthiness, rather than pure asset-backed financing. 

If you need a sum over $100,000 to invest in your company, business loans up to $300,000 are available where security is taken in the form of a charge over assets.

Whether you are starting out, looking to seize an opportunity to grow or just managing the ongoing costs of running a business, sometimes borrowing money could help you achieve your goals.

The first challenge for many of these new business owners is the lack of funding. Typically business owners don't have enough business experience and find it difficult to obtain loans from mainstream banks and lenders in Australia.

Loans can be secured by various forms of security including residential, commercial or rural property, business assets or a combination of these.

Contact Banctec Mortgages to find out how you can get your business started.