Short Term Caveat Loans

Now that you have read that.... why would someone want a caveat loan?   Because they need access to large sums of CASH by tomorrow!!

Why are they called Caveat Loans?  Well they are actually SHORT TERM BUSINESS LOANS. They are traditionally known as caveat loans, as we use a caveat to secure the loan against the security property. This is how we can settle so fast. If we had to wait to register a 2nd mortgage, it would take weeks. (For our Queensland brokers, we do actually instantly settle on a 2nd mortgage in QLD, due to the paperless title system in that state.) Sometimes people also refer to them as Bridging Loans.

WHY DON’T THE BANKS OR FINANCE COMPANIES FUND THESE LOANS?

Basically it comes down to speed, and in many cases, lack of financial records. If the borrower can wait 2 months, the bank can refinance them. If the borrower can wait 2 weeks, AND THEY HAVE FINANCIALS SHOWING GOOD CASHFLOW AND PROFIT RESULTS, they will get an overdraft or business loan.

However if you need cash TOMORROW, they come to us.

Still not convinced??? Then ask yourself…. if I needed access to a large sum of money by tomorrow (leaving out rich uncles, etc), how would you get it?

COST BENEFIT ANALYSIS.  

Every day in business, we all do Cost/Benefit Analysis. It maybe a case of "do i really need that great new 3 in 1 copier". You ask yourself, will it increase productivity, and therefore make me more money. If the answer is YES, then you spend the money and buy it. If the answer is NO, then you don't buy it and make do with what you have.

Short Term Business Loans (Caveat Loans) are exactly the same. Will your client make money, or save themselves from a worse position if i take this loan?? If the answer is YES, then they take the loan and get on with the job. If the answer is NO, then do not take the loan and work on finding another solution.

TAX BENEFIT.  All our Short Term Business Loan's are solely for business or investment purposes, so your clients can claim the costs (interest & fee's) on their business tax.