An Important Message for Brokers Regarding Business Loans

This important message is for finance brokers across Australia.  HomeSec Business Finance has been inundated with calls from brokers who are at their wits end trying to help their small business clients obtain funding during this crisis.

There are a growing number of lenders who have closed down or stopped lending.  There are also some who say they are lending, but the reality is, they are funding about 5% of what they used to fund due to major tightening of their lending criteria.  

This ends up being a major waste of time for YOU (the broker) and for your client.  This also leads to great stress for everyone, it’s the last thing you need right at the moment.

As Joint CEO of HomeSec Business Finance, let me be clear that we ARE definitely still lending, and that it is business as usual at HomeSec.  In fact, we have just extended our maximum loan term for our short term Business Bridging Loans from 6 months to 10 months.

So to reaffirm, as long as your client has enough equity in real estate, and a genuine business purpose, HomeSec Business Finance will fund from between $20,000 to $2,000,000, and there are no repayments for up to 10 months.

I should stress that we are not a Government backed lender, and whilst we are one of Australia’s largest private business lenders, even our funding lines do have their limitations. 

So if you do need access to funds to help your business clients through this crisis, the message in simple…. APPLY NOW in case funding runs out.

We fund short term business loans from $20,000 to $2,000,000 in just 24 hours, and we are so easy to deal with.  If your client has enough equity in real estate security and a genuine business purpose, we will fund them. Visit www.HomeSecBrokerSupport.com.au to become a HomeSec Partner, or to find out more.

Written by HomeSec Business Finance

Last Updated: 14 March 2022

Published: 02 April 2020