We funded a purchase of a business

Posted by The Team @ Secured Lending on Feb 13, 2018 10:12:06 AM
The Team @ Secured Lending

 $750,000 to purchase a business (2).png

We funded a client $750,000 to purchase a business in liquidation.

Our client wanted to purchase a business from a liquidator and needed a $750,000 cash injection for the purchase and working capital.

We made the funds available secured via a second mortgage over the client's existing investment property in NSW.


In this current climate, finding finance throug

h the traditional banks can be challenging or at the very least, businesses experience time delays in funding.  Many of our clients are asset strong and come across a number of opportunities, but they have been rejected by the major banks.

Our short term loans are designed to provide relief in circumstances where funding is not immediately available from traditional sources of finance, such as banks and other institutions.

At Secured Lending, we pride ourselves on our ability to assess your financial needs in a timely manner and fund in 24 hours.

If you have any scenarios or would like to know more about Secured Lending, please call Gino or Mark on 0416 798 187 or 0427 277 162 respectively. We are available to discuss any scenario 24 hours, 7 days a week.

Alternatively, complete our enquiry form below and we will get in contact with you within 24 hours.

 Keen to know more. Check out the following links:

  • Typical Loan Scenarios we fund;
  • OurProduct Matrix; and 
  • Our Lending Process

 

Tags: Urgent Finance, Short term finance, short term loan, liquidation

SECURED LENDING

FAST FUNDING SOLUTIONS

Secured Lending focuses on non-conforming, fast and short term funding solutions without all the games that are played in this space.  Why us?
  • We have our own internal property valuation team. 
  • We can settle caveats, 1st and 2nd mortgage loans within 24 hours up to $10m.
  • We pride ourselves on being transparent and honest in our approach. We can generally tell you within hours if we are going to do the deal.
Our rates start at 1% per month with typical terms 3-6 months. 
 
If you have a scenario to discuss, please call us on 1300 795 175.

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