What is a caveat loan?

Being a small business owner, or starting a small business has many challenges. Especially when trying to get a business loan.  A majority of business lenders will require you to meet their strict lending criteria. Banks and other lenders want you to provide them with detailed evidence of your revenue and trading history. They want this before they can lend you any money.  Caveat Loans in 24 hours become a lifesaver for business owners across Australia.

If you are unable to access business finance through traditional lenders, but you own a property that you can use as security (i.e: house, unit, land, commercial property). Then a caveat loan may be the solution for you to get the funds you need quickly and easily.

  • Short Term Caveat Loans are for a term of 1 – 6 months
  • Our caveat loans are funded within 24 hours
  • We simply secure the business loan debt against your real estate security by way of a caveat on the title.
  • No repayments are required during the term of the caveat loan, as interest is capitalised.

Caveat loans are short-term business finance solution that allow businesses to access the funding they need quickly, using the equity in your real estate.

Caveat loans are very simple to get. As long as you have equity in real estate, you don’t need to supply any cashflow records or other financials, and a poor credit score is ok.

Caveat Loans offer shorter loan terms and very fast turnaround times and have a very high chance of approval.

Our caveat loans have also saved business owners from going bankrupt, and saved hundreds of businesses from going into administration.

Are caveat loans a good solution for business?

Absolutely. We have funded thousands of caveat loans since 2004. These have helped save businesses from hardship and collapse, or saved them from missing out on golden opportunities.

A caveat loan is like a secured Lo Doc Business Loan. They are so fast, and simple.

What can I use a caveat loan for?

A short term Caveat Loan can literally be used for any worthwhile business or commercial investment purpose.

Some caveat loan examples are….

  • Plugging an unexpected hole in business cashflow.
  • Purchasing more stock.
  • Renovating or rebranding the business.
  • Expanding your existing business.
  • Buying a new business.
  • Starting a new business.
  • Paying out unexpected business debts.
  • Paying insolvency trustees, or the Sheriff before they foreclose.

How do short term Caveat Loans work?

Short term caveat loans are secured business loans that require borrowers to use their land or established property as security against the money being borrowed. Because they are secured business loans, you can borrow anywhere from $20,000 to $5 million.  However it will all depend on the value of the real estate security, and how much is already owing on it.

We will lend up to 75% of the value of the security property.  This means, the current 1st mortgage loan, plus our caveat loan just needs to be less than 75% of your property value.  If it is, YOU’RE APPROVED!

Short term caveat loans are just like a second mortgage, which means the caveat just sits behind the existing 1st mortgage. (which is usually a major bank or a non bank lender)

Our short term caveat loans generally get approved within an hour, and we can fund them within 24 hours. Our caveat loan terms are from 1 – 6 months, however they can always be extended if you need more time.

With our Caveat loans, there is no need to provide the documentation – like property valuation, proof of income, or revenue forecasts, etc. This is all stuff you need to supply a bank and most other lenders, but not with a short term caveat loan.

To get a caveat loan under way right now (and get funded in just 1 business day), click the Qualify in 60 Seconds button below, and lets get started.

Advantages and disadvantages of a caveat loan

Advantage Disadvantage
- A fast and easy way to access business finance, without the hassle
- Credit history does not affect the ability to obtain a caveat loan.
- The caveat loan is secured against the real estate, such as your house, investment property, land, or commercial property.
- Very adaptable as borrowers can use a caveat loan for almost any business purpose.
Caveat loans are only for a short term of 1 - 6 months. If more time is required, consider our longer term 2nd Mortgages.

Get Flexible and Faster caveat loans Approval with us

Fast caveat loans are the private financial solution that is perfect for any business purpose. In simple words, caveat funding is a type of asset lend and is also a great solution to meet all the funding needs for business owners who need access to funds fast. A caveat is a document that the caveat loan lender lodges on the title of any real estate, asset, or property. There are different caveat loans available in Australia and they are also secured by a second mortgage. These loans come with a less strict criteria for lending, unlike the traditional banks.

Reasons why caveat funding are beneficial than other loan types

Before submitting your caveat funding application, you should know everything about it, starting from its weaknesses, strengths to the total costs and the interest rates. Have a clear idea about the fees, the loan term, and how to repay the lender. Let us now investigate why caveat funding has become a favorite financial option among business owners.

  • Easy Approval

Caveat funding are one of the best alternatives when you are in urgent need of cash. It is hassle-free to apply and offers uncomplicated approval.

  • Lesser Documentation Needed

For caveat funding approval, there is low or no documentation required. The borrower also does not have to submit any income or tax return proof to access the loan.

  • Lower Interest rates

The interest rate for caveat loans begins at only 1.5% every month. However, this interest rate and the fees depend on a variety of factors. We offer different types of interest rates and loan products according to the client’s requirements and security offered.

  • Settlement Speed

Settlement speed is one of the most attractive features of caveat loans. You can gain access to immediate cash flow and working capital within less than two business days. This quick funding will help the borrower pay all their business debts, pay the supplier or marketing cost, or purchase equipment.

Why do Business Owners prefer fast caveat loans over Other Financial Solutions?

Business owners usually need capital when they are in desperate situations like paying any bill or needing new equipment quickly. Due to the following reasons, they always prefer caveat funding before other forms of financial solutions.

  • Other financial applications for a business loan can end up being complex with a lot of paperwork required. Caveat funding, on the other hand, are a straightforward, simple, and uncomplicated facility with no or minimal paperwork needed for caveat loan lender.
  • There is no requirement for any financials.
  • Caveat funding helps pay any outstanding creditors potentially saving the business from legal action.
  • The borrowers credit file is irrelevant with caveat funding.
  • Caveat funds also help the borrower solve all the cash flow issues for the short period and helps the business to continue.
  • The business owners can also clear and pay up the creditor or other tax debts that might be forcing the liquidation or winding up.

An example of a business owner using a caveat loan to access fast business funding

Sarah and Mike bought an investment property in Halls Gap in Victoria and they wanted to turn it into a B&B. They were almost finished the project when they ran out of funds due to a few cost over runs.

Sarah’s friend told them about a little known loan product called a Caveat Loan, so she searched it on her phone, applied on her phone, and within 30 minutes our staff were talking with her on her phone.

The good news is there was plenty of equity in the property, and we were able to lend them $200,000 for 6 months. They finished the fitout and started trading, and then went to their bank for a full refinance which paid our caveat loan out.

Without a caveat loan from www.ShortTermCaveatLoans.com.au they would have been stuck with an unfinished property, no guests and therefore no business, and of course, no bank refinance. So our caveat loan saved the day.

Mike is a former accountant so he loved the fact that the costs of the caveat loan were fully tax deductible.

What do you mean by caveat loans exit strategy?

An exit strategy is a way of repaying the borrowed money to the caveat loan lender. You can get approval from a reputed financial institution like us by demonstrating a solid exit strategy. This can be in any form, either by selling an asset or a property, by receipt of outstanding payments or by way of a refinance. Additionally, a perfect exit strategy will allow flexible funding options compared to the traditional ones.

Is it possible to get fast caveat loans even with bad credit history?

Yes, caveat funding is available to the borrowers even with bad credit history. We also offer the funds to the business owners and individuals who have the following.

  • Default in credit payment
  • Court judgments
  • Discharged bankruptcy

Thus, if you have any urgent business funding needs, then caveat funding can be provided with approval in as little as 2 hours from application.

What makes our Caveat Loans the best on the market?

Finding our business customers a fast and simple solution is what we are all about. We are here to fund short term caveat loans to solve financial problems, and help your businesses thrive.

Our short term caveat loans are also the fastest caveat loans in Australia, and require the least amount of paperwork, and have the most competitive rates and there are no hidden fees.

With our caveat loans, you can….

  • Borrow from $20,000 up to $5,000,000.
  • Loan terms from 1 – 6 months (longer terms and extensions available).
  • We have a quick loan application process (and can be funded within one day).
  • Flexible loan terms to suit your needs.
  • We lend up to 75% LVR.
  • No massive up front fees.
  • No hidden fees.
  • Payback early to save interest.

How do I get started with a Caveat Loan?

Step 1

Fill out our pre-approval form – it takes only a couple of minutes!

Step 2

Receive an immediate decision – upload a few documents for verification

Step 3

Sign loan agreements and have the funds in your account with hours.

Frequently Asked Questions

– When you come to www.ShortTermCaveatLoans.com.au as our name suggests, WE ARE THE CAVEAT LOAN EXPERTS and we are also the fastest in the industry.

– Complete the application form which takes only a couple of minutes to complete and you will receive a decision on your caveat loan application within minutes.

– After your application is assess has been approved, the whole process takes around 24 hours before the funds are transferred directly into your bank account.

We will lend you up to 75% of the value of your security property. So if your property is worth $1 million, and you owe $550,000 to the ANZ Bank. Because of this we can lend you 75% of the $1m, less the amount owed to the ANZ Bank.

So $1m x75% = $750k – $550k = $200k is the amount we can lend you on a caveat loan.

We secure our caveat loans against all kinds of properties ranging from residential, commercial, industrial, land, acreage, etc. Plus, we will lend against properties almost anywhere in Australia.

Caveat loans and second mortgage loans are very similar, however caveat loans are generally for a shorter term than a second mortgage.

That’s about the only real difference with our caveat loans and 2nd mortgages. Unlike most other lenders, our caveat loans can be funded in 24 hours, just the same as our 2nd mortgages.

Loan amounts range from $20,000 to $5M and are determined by the available equity in your real estate asset.

A caveat loan can be funded in as little as 24 hours.

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.

Along with completing our online application, you will need to provide ID, rates notice and a current mortgage statement.

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.