Caveat Loans

  • Same Day Fast Approval!
  • Loans up to $5,000,000
  • No Credit Checks
  • No Business Financials
  • Bad Credit can be Accepted

Caveat Loans

Caveat loans are also sometimes referred to as short term business loans or business bridging loans.

BizLoansFast approves caveat loans against real estate that you own. We’ve found this is one of the simplest and easiest ways to work out how much money we can lend to you, and to be able to give you a yes in the quickest possible timeframe.

All we actually need to get the ball rolling on a caveat loan is for you to complete our 60 second application form online, send us a copy of a recent mortgage statement, a rates notice for the security property or properties, and the ID for each borrower—then we can get to work.

With our caveat loans, once approved, you can have $20,000 to $5,000,000 sitting in your bank account by the very next day. Loan terms vary from 1-6 months depending on your needs, and you make no repayments during the period of the loan, so every dollar you borrow is going towards your business need.

To speed up the approval process for you, and get you those funds in 24 hours, we don’t ask for any business financials or cashflow records. We also won’t charge you any penalties if you decide to repay your loan early.

There’s a myriad of reasons why you might need funds for a business purpose and in a hurry. You may have been presented with a great business opportunity, maybe you can corner the market by importing a new product? Maybe you can buy recently released land at a bargain price?

Then again you might have a property transaction in rescission? You thought, and had been promised by your bank, that all your finance arrangements were in place. You even paid a deposit. But at the last minute your bank pulled the funding, without any explanation, and now you’re imminently in danger of losing your deposit, and the property. Don’t worry— BizLoansFast will do our level best to get you out of this jam and stress free in record time. We’ll help cover the shortfall, and give you valuable time—months if need be—to find secure long-term financing.

Another common reason we find people need a caveat loan is to cover a long overdue debt to the tax office. There are not many lenders that look favourably upon this scenario; let’s be honest most of them run a mile! But not us. At BizLoansFast we can have your overdue debt sorted by the very next business day. The ATO is off your back, and now you’re free to stop worrying, start sleeping at night and focus on your business again. That’s a recipe to get you back on top again.

On a side note, the section of the finance industry that we operate in didn’t have the best reputation when we opened our doors in 2004. That’s why we were determined to make our industry more open and transparent, and accountable to you the customer. This approach is one of the reasons BizLoansFast is now the largest and most trusted caveat business loan provider in Australia and New Zealand. We’re proudly 100% Australian owned and run, a member of the Small Business Association of Australia and were a finalist in the MyBusiness, Finance Business of the Year Award for 2020. One of the most challenging years ever in business finance.

We are also a member of the Victorian Chamber of Commerce and Industry, and the Australian Chamber of Commerce and Industry. But what we’re most proud of is being a founding member of the Short-Term Business Lenders Association of Australia, and of everything this peak body has brought to the industry.

Most of all at BizLoansFast we believe we’ve been successful because we realised very early on that the clients we deal with wanted genuine speed, simplicity, transparency and a company that does what it says it will.

Our philosophy is simple. If you hold sufficient equity in real estate you are almost certain to be approved and funded within 24 hours. Call us today on 1300 852 150 to talk to one of our friendly and professional team and get the ball rolling.

Same Day Fast Approval!

  • As long as your loan is for a recognised business purpose or commercial investment, you have sufficient equity in real estate you can nominate as security, and you have an exit strategy to finalise the loan—either selling an asset, refinancing, or a major cash event in your business, BizLoansFast can approve your loan.
  • To get started now, fill out our 60 second online application, send us a recent mortgage statement, and rates notice, and your ID—or simply call us on 1300 852 150.

Loans up to $5,000,000

  • BizLoansFast are designed to meet the needs of a wide variety of business growth opportunities, emergencies and fund any amount from $20,000 to $5,000,000.
  • Whether it’s a short-term business loan (also known as a caveat or business bridging loan) or a 1st or 2nd mortgage we have you covered.
  • If you’ve been knocked back by traditional lenders, for any number of reasons, contact BizLoansFast and experience a market leading, fresh, innovative approach to funding your business needs.

Frequently Asked Questions

The speed with which a loan will be approved, and funds deposited into your account. BizLoansFast can complete this process in 24 hours.

How much documentation will you have to provide and what will be the cost of sourcing it? Paying valuers to conduct costly valuations on your business and having your accountant generate and collate numerous financial statements, cash flow history reports, and asset and liability statements just to apply for a loan is costly and inefficient. All BizLoansFast needs is a rates notice, a recent mortgage statement, your ID, and our 60 second on-line application filled out and we get to work approving your loan.

With bank loans you can often be looking at lengthy approval and loan processing times. They make it clear from the outset you will be operating on their timeframes, not them reacting to your needs. They often request an onerous amount of documentation? They snail mail contracts back to you, taking 2-3 days? They send cheques or deposit funds via internet transfers that take time to clear? Banks were born centuries ago and some still operate like they’re still there!

With an online business loan from BizLoansFast approval letters on loans are issued in 2 hours via email! Once accepted we issue loan contracts in 4 hours! No property or business valuations, no tax returns, no financial records required from you. Once approved your funds are transferred to your account immediately! Our whole process takes 24 hours from start to finish, and our consultants keep you, informed at every moment of the process—we’re here for you—not the other way around!

At BizLoansFast we think we’ve made our loan application the simplest and easiest to complete in the industry. Because we only secure your business loan against real estate you already own and you don’t make any payments on the principal loan amount during the term of the loan, we don’t need multiple statements and records regarding your business. We understand that what you need to focus your time on is your business and not completing lengthy loan applications.

Literally all you need to get a BizLoansFast loan application underway is to either call us on 1300 852 150 or:

 

  • Fill out our 60 second on-line application
  • Send us a rates notice
  • Send us a recent mortgage statement for the property you are nominating as security for the loan
  • Send us the ID of anyone applying for the loan.

In business, speed and efficiency can be everything. Often business owners need to pivot, be nimble and act decisively. Sometimes this means having medium to large amounts of funding at your fingertips to take advantage of a commercial opportunity or avert a cash crisis.

Super-fast service understandably comes at a premium, and at BizLoansFast we recognize you are coming to us for a time effective solution, not just a rate.  We have a variety of loan structures to suit your needs. Whether it be a short term business loan, (also known as a caveat or bridging loan) or a fast second mortgage loan. Our team will react to your application and can pre-approve funding in 2 hours, we can email loan contracts in 4 hours, and have funds in your account RTGS payment instantly. We’ve built our reputation on efficiency and speed of service and will find you a solution to meet your timeframe.

At BizLoansFast our upfront fees are low, and we are transparent in disclosing them. We are not here to waste your time promising you the world as some other lenders do, and then request high fees be transferred to their account before they fund your loan. You should be extremely wary of any lender requesting this, as the costs of processing a loan application just do not warrant it.

Any fees associated with your loan are clearly shown in simple language and you will know exactly what they will be.

BizLoansFast is a founding member of A.S.T.L.A the Australian Short Term Lenders Association and adhere strictly to fee disclosure charters we helped draw up. When borrowing money short term, we advise you only deal with an accredited member of A.S.T.L.A.

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