3 Simple Things We Need To Know
If you are in business and owe money to other businesses or the ATO, a HomeSec short term business loan is an instant solution to your worries
If you’re a lawyer or debt collection firm, be like Jim’s lawyer and think outside the square. Get an instant solution to the situation. Plus we have an amazing Referral Partner program to reward you for your brilliance as well.
Learn From Jim's Story...
We recently had the owner of a truck repair business call us needing to borrow $300,000 in a big hurry. We’ll call him Jim. When we were talking with Jim on the phone, he said he needed the money to buy parts and pay wages as a major client hasn’t paid him for work they have done on three of this clients trucks.
Normally this is a scenario that we hear of a lot, and we have helped hundreds of businesses out over the years that have been in a similar situation…. by getting them the funds they need in just 24 hours. However, unfortunately for Jim, he didn’t have any equity left in his home, and had no other real estate assets for us to secure our loan against.
In the course of the conversation Jim said that he is seeing his solicitor that afternoon to commence legal action against his client to recover the money. He said that the non-paying client said he will pay but he has to sell or refinance a few of his investment properties first. Of course, Jim can’t wait that long, plus there is every chance that it is nothing more than a delay tactic.
Now seeing his solicitor is a good idea, but there is a lot of expense involved, and it all takes a lot of time. So we made a quick suggestion to Jim….. “why don’t you get your solicitor to give the non-paying client a call and advise that expensive legal action is about to commence, but there is a way to fix the problem in 24 hours. That solution is a short term business loan from HomeSec Business Finance”.
For Jim, he would get paid the following day, rather than waiting months and months to go through the courts or for his client to sell or refinance his investment properties.
For the slow paying client, he has sorted things out with Jim and they are mates again, plus he has avoided massive legal fee’s and possible wind up action. Plus HomeSec get paid out when he does actually sell or refinance his real estate assets.
For Jim’s solicitor, he looks like a hero as he solved his clients’ legal problem in just 24 hours.
It’s a win, win, win.
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