HomeSec the 'No-Documents' Lender

Did you know that most private lenders now days are not really private lenders? Well at least they don’t operate like private lenders that’s for sure. The short-term business finance industry has changed a lot over the last five to ten years, and it is increasingly becoming harder and harder for businesses to access funds fast.

?

Most so-called private lenders have so many steps involved in their processes just to get the loan approved. Many of them have to report to a board in order to get the loan approved too. They often borrow off banks in order to fund their loans, and so this means they tend to have a much stricter lending criteria.

?

This is never good for business owners, because there is no common sense or flexibility employed, when it comes to approving loans. The lenders are unable to think outside the square, because they have very tight LVRs, and if you do not meet them, they refuse to consider the loan even, when it might actually be a very viable option that is worth considering.

?

HomeSec is the only ‘no-documents’ lender in the short-term business lending industry. This is because the funds come from the actual company owners and not the banks. We lend our own personal money, and so we are able to make all our decisions ‘in-house’ and therefore approve each loan ourselves.

?

This gives us a lot more flexibility when approving loans, and most importantly, this is how we can settle in under twenty-four hours. Unlike most lenders our application process is super simple. It takes just minutes to complete, and you can even complete it on your phone in your car in between meetings, it’s that easy. Some lenders require so much information that it can take you a whole week just to complete the application form, and this is simply not practical, when you need funds urgently within a few days.

?

At HomeSec we can settle in just twenty-four hours. We do not ask for financials or projection figures. We understand that a lot of small businesses don’t have these anyway. We also don’t care about bad credit ratings. The way we see it is, if you need money for your business and you own a property with equity, then we can lend to you.

?

It’s worth adding that we also don’t waste your time or money with external valuations. These can really hold a loan up; in fact, we have heard of clients having to wait weeks just to have one done. Most people do not have weeks, so they make very little sense to us. We do all of valuations in- house.

?

So, there you have it folks, HomeSec is the 'no-documents' lender for all your business funding needs, and we think this is a huge point of difference in the private lending industry. So, if you or your client needs a business loan, be sure to get in touch with HomeSec today.

homesec.com.au