Empire Finance Brokers

Business Loan Application

Start your business loan application today!

Get your business funding quickly.  Apply online today and we will contact you to discuss the most suitable business loan to suit your situation.




Caveat Loans

Caveat Loans are a great source of funding for small business owners. They can be used to start a business, fund expansion, complete renovations, or purchase equipment and stock.

If you’re a small business owner who has been turned down for a loan by your bank, caveat loans can help. If you have equity in a property you could get business funding approved the same day!

 

FAQ's about Caveat Loans

We can help you simplify the entire financing process. With access to multiple different lenders, we are certain to find a solution to suit your business. We are more than just your average finance broker. We can help with finance to grow your business.

Caveat Loans or second mortgages are short-term business loans approved against the equity in your property. You don’t need to own your property outright. Provided you have sufficient equity after allowing for your first mortgage loan, you can potentially get a loan. Unlike a traditional business loan, the caveat loan usually requires no trading history, no financial statements, or even bank statements to confirm your sales turnover.

The loan is granted against the property security that you have to offer. You need to have an exit strategy stating how you intend to pay the loan back at the end of the term.

Complete a simple application form with your business details and the amount you wish to borrow.
The lender will determine what equity you have available (property value less any amount owing under a first mortgage)
The lender will then provide a Letter of Offer
You accept the letter of offer and the lender prepares the loan documents
Once the loan documentation is returned, the loan is funded the same day

A great alternative for fast business finance is a small business loan or Business Line of Credit. Our online application process is fast and straightforward. In fact, you could get a decision today with funding possible in 24 hours. You can potentially borrow between $5,000 and $300,000, even without taxation returns and financial statements. The amount that you can borrow is based on your monthly sales. turnover.

Absolutely. The caveat loan is ideal for business start-ups. If you have a great business idea but need funding to get it off the ground, this can be a great solution. Because this is a secured loan, you must have equity in a property to apply.

This will depend on your individual financial position and the amount of equity that you have in your property.  Contact us today to find out more.

We have access to several lenders who offer caveat finance options.  We are sure to find a financing solution for your business.

Yes. Empire Finance has experienced business finance brokers in Perth and Australia wide with access to multiple caveat loan and second mortgage lenders. We keep up to date with the latest business loans available to offer you a better choice. Most lenders have different terms and conditions, interest rates, and maximum funds they are prepared to lend.

Most loans are offered via an online application so you may not know what you are getting until you apply. We are able to get a quote for you upfront so there are no nasty surprises, and no obligation to proceed.

 

able to get a quote for you upfront so there are no nasty surprises, and no obligation to proceed.

This will depend on your situation.  If the finance requirement is complex then we may charge a small fee.  This will always be negotiated upfront and can usually be financed into the loan amount.

A caveat is a legally recognised interest in a property. The caveat puts a hold on the property so you are unable to sell, mortgage, or do anything else until the caveat is lifted or discharged.

When you take out a caveat loan, the caveat protects the lender against future dealings with your property until the loan is repaid the loan. The caveat will then be discharged. You are then free to deal with the property again.

Get started with a fast online application
(or call us first on 0415 638 927 for more information)

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