Caveat loans

Fund your business fast with a secured loan

Caveat loans

Caveat loans are a short-term business finance option that allow fast access to funding when secured against another property you own. A caveat loan can be the fastest business loan to arrange and settle (in as little as a day), though interest rates can be high and are only suitable in the short term. Caveat loans are best used when the opportunity cost of missing out on funding is more than the cost of funding for the loan.

Key points

  • Borrow up to 80% of property value
  • Loan terms from 1 to 12 months
  • Interest rates starting at 1% per month
  • As little as 1 day to fund
  • Take advantage of time sensitive opportunities

How do caveat loans work?

A caveat loan allows you to secure business funding quickly with the use of an existing property you own or are paying off as security. A caveat loan gives a lender interest in your existing property in exchange for funding. Caveat loans can be used for a number of purposes, including purchasing additional real estate, major business purchases, improving cash flow, business development, renovations or paying off a business debt.

Caveat loan interest rates can be high and as a result are only suitable in the short-term i.e. you know that you will be receiving substantial income in the coming months and will be able to repay the loan amount in full. Due to a caveat loans’ short-term nature, lenders charge interest on a monthly basis however a repayment schedule can be designed to your needs. You may also find there are additional fees and charges to consider including property valuation and legal fees.

Caveat loans are best used when the opportunity outweighs the cost of the funding. Chat to a FundingPro loan specialist now about whether caveat loan is suitable for your business.

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1300 898 765

What documents will need to be approved?

  • 100 points of identification
  • Completed application form
  • List of assets and liabilities
  • Proof of property ownership

How we work with you

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From straight-forward applications to nuanced finance deals. We work with over 70 lenders, from the big four to specialist lenders, to achieve your financial goals.

Expert industry knowledge

Our rich experience across broking, financial services and mergers and acquisitions enables us to bring a well-rounded and informed approach to every deal.

As a business that is growing fast we needed to quickly buy more stock.
Banks couldn’t do this quick enough hence why we turned to FundingPro.
The communication was great and funding was very fast.

 

Courtney Williams
Kiddimoto Australia

FundingPro tailored a finance solution to our needs, assisted with the application process and we were successful in obtaining funds in a very short time at very competitive rates.FundingPro – a definite go to place for finance.

 

Tony Clements
CDM Accountants

Let's chat about your financial goals

With a few details about what you'd like to achieve, we can begin mapping a pathway to get there. It's free to apply and completely obligation-free.

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