So we reckon it comes down to this…
Do you want to settle loans the hard way or the HomeSec way?
Scenario One - The Hard Way
You submit a loan application to the banks on behalf of your client, not for a refinance, but for an increase of their existing loan amount for $200K, as they require additional funds for cash flow requirements.
The bank managers response is…"No worries! Just send us over their updated financials, we’ll then organise a valuation, and we should be ready to go in about six weeks…keeping in mind I do go on holiday next week, so we might be looking at seven weeks.”
Scenario Two - The HomeSec Way
You call HomeSec Business Finance and run the same scenario by us. We ask you, if your client stands to make money from it, to which you respond yes, we can then assist in getting the whole thing wrapped up and settled within 24 hours !
You then have six weeks to organise a refinance to pay us out, and the client is able to take advantage of an opportunity to purchase stock at a discounted rate, and you make yourself a nice commission – It’s that simple!
There are no tricks or catches, and since tax time is fast approaching, your client can expect to receive a tax deduction on the interest, as it’s a business loan.
The HomeSec Way...
We are the only short term business lender who will extend the loan term without penalising you. Other lenders will send your client into default and charge you the default rate, which is how they hook you on the teaser of a lower entry rate
We rebate interest, so that if your client has prepaid 3 month's interest, but pay us back in 2 months, we will rebate the unused months worth of interest back to you.
Same day settlements! Even on settling properties for clients that get into rescission.
Potentially make an additional $20k plus a month settling short-term business loans with us.