No Repayments for up to 10 months

This is a message for Brokers, Accountants, and our Business Advisors and Coaches

When the Covid-19 crisis began, we announced that HomeSec Business Finance was extending the maximum loan term of our Business Bridging Loans from 6 months to 10 months.  Due to the nature of bridging finance, where there are no repayments during the loan term, this therefore means there now NO REPAYMENTS for up to 10 months on our Short term Business Bridging (caveat) Loans. 

FOR EXAMPLE... if your client thinks they will require funds for 7 months to keep their business running, they won't have to make any repayments or interest payments for the term of the loan.

The best part is, by dealing with a fair and reputable lender like HomeSec, if your client wants to pay the loan out early, the can… and not only are there no early repayment penalties, but they will also they save on interest too, as we simply rebate the unused months off the payout figure.

ANOTHER EXAMPLE.... if your client took out a loan for a 7 month term, and they find business has picked up or they can refinance an asset before that time, they can pay the loan out early and NOT be charged for the unused months of interest.

It is so important that we all work together to best support our small business clients. 

If you have any scenarios you'd like to run past us, simply contact us straight away.  Our product is emerging as one of the remaining ways for businesses to be able to quickly access from $20,000 to $2,000,000…. And just like we have been doing since 2004, we can fund our loans in just 24 hours from the time of application.

So be the finance professional with the solutions. Contact your small business clients by phone or email right away and let them know that you have immediate funding available with no repayments for up to 10 months. Then, lodge your application HERE