We think it’s fair to say that most brokers would come across a client with the following stressful scenario at least a couple of times per month, and that is…
BORROWERS BEING IN RESCISSION BECAUSE THEY HAVEN’T GOT THEIR FINANCE IN PLACE.
Even though clients often think they have their ducks in a row with their finance, lenders have become so unpredictable lately. This can be extremely costly to the client, not to mention the heartbreak and stress that comes from a funder backing out. So we'd like to give you an example of how we can help.
Last Thursday afternoon we received a deal from a broker that was very organised with his loan submission. His client bought a development site, and if they didn’t settle by Monday, they would lose their sizeable deposit and consequently miss out on making a significant profit building on the land.
By 6pm that night we had the loan approved, and we then ordered the loan contracts.
By 9am on Friday the documents were signed. We then called the client’s conveyancer and advised we were ready to settle, and she didn’t believe us, because they had been let down so many times from the banks prior to this!
The settlement was booked in for 12pm on Monday!
AND BOOM.... IT SETTLED!!
So there you have it folks! We specialise in lending for cash flow, business tax debts, start-up businesses, business debt consolidation, business expansion, settling on properties in rescission… just to name a few.
Here's a little 2 minute video that shows just how much of a lifesaver our loans can be.