How much money can you borrow with a Low Doc Business Loan?
The amount that can be borrowed with a Low Doc Business Loan depends on factors such as the lender’s policies, the borrower’s creditworthiness, and the collateral offered
What are the factors to consider in comparing Low Doc Business Loans?
Consider the interest rate, loan amount, eligibility criteria, fees and charges,.
How do I know if my business is eligible for this kind of loan?
To determine if your business is eligible for a Low Doc Business Loan, you should consider factors such as your business revenue, cash flow, and creditworthiness, as well as the lender’s specific eligibility criteria, which may include a minimum annual revenue, being in business for a certain length of time, and having a good credit […]
Is a Low Doc Business Loan the same as an Unsecured Business Loan?
A Low Doc Business Loan is not necessarily the same as an Unsecured Business Loan, as a Low Doc loan refers to a loan that requires limited documentation, whereas an Unsecured Business Loan refers to a loan that does not require collateral, but still may have documentation requirements.
How Much Can I Borrow With A Caveat Loan?
Loan amounts range from $20,000 to $5M and are determined by the available equity in your real estate asset.
How Long Does It Take For A Caveat Loan To Be Processed?
A caveat loan can be funded in as little as 24 hours.
Can I get a caveat loan with bad credit?
Yes, credit history is not relevant to our funding, however in some cases we may require any court judgments to be repaid from the loan proceeds.
What Documentation Is Required?
Along with completing our online application, you will need to provide ID, rates notice and a current mortgage statement.
Who can apply for a caveat loan?
Any business owner with a registered ABN or ACN can apply for a business loan, provided the funds are being used for a business purpose and you have sufficient equity in real estate.
How long is a short term business loan?
Our loan terms range from 1 month to 12 months, however extensions are available.