Skip the lengthy and obstructive bank applications. Contact us when your business needs a faster and better financial solution. Our dedicated team is available 24/7, ready to assist you every step of the way.
Don't let the clock tick away as you navigate the never-ending maze of bank applications. It's frustrating, time-consuming, and can leave you feeling defeated. But don't fret! Simply Funds has got you covered -No strings attached!
We are aware of the difficulties experienced by deserving companies like yours that frequently encounter financing denials due to the most absurd reasons. But here's the game-changer: If you're a Proprietary Limited Company (Pty Lyd) business owner with an equity-rich property, we're here to make the seemingly impossible happen.
We've made it swift and easy! Here's how;
Kickstart by sharing your details, the loan term, and the loan amount you wish to borrow. Getting a quote from us has no impact on your credit scores.
Have a chat with us about your requirements and dish out your Assets & Liabilities for our expert analysis.
Sit back and relax as we prepare an Estimated Loan Summary exclusively for you. This breakdown will include the proposed loan amount, interest rates, establishment fee, and relevant other loan terms.
Take advantage of our quick due diligence procedure, which uses desktop valuations rather than formal valuations.
Receive loan documents for signing with your solicitor present.
Celebrate as your loan is settled, and the much-needed funds become readily available to you.
Discover the perfect credit product tailored to your financial needs with Simply Funds.
Leverage the first mortgage on your home to get a commercial loan for your company. This option allows for the repayment of an existing first mortgage or can be utilized for properties without an existing mortgage.
Access additional funding for your business by leveraging the remaining equity in your property through a commercial loan as a second mortgage.
In urgent funding cases, a registered caveat offers a swift and reliable security option, enabling us to provide funding within hours.
Our tailored loans for development projects and construction ventures offer flexible funding options. If you have pre-sold the development, we can lend up to 70% of the project costs. We base our financing on the Gross Realisable Value (GSR), which represents the anticipated worth of the completed development. Take advantage of our competitive interest rate, ranging from 7.95% to 12% per annum.
Generally, we lend against Residential or Commercial real estate that has sufficient equity
available. You can usually get up to 70-75% LVR (loan to value ratio). We can also lend against
rural properties and land, but LVR's are lower.
Simply Funds got me the loan I needed and quickly. I couldn’t refinance my home loan with the bank, and I needed to get funds out of my equity. Highly recommended.
We needed to get money out of the property for our business prior to selling the property. Simply Funds turned around an offer within hours, and we settled as soon as we had proven the deposit was paid for the purchase. Well done Simply Funds
We need more capital to assist with developing our café. I couldn’t get further funds from the bank so turned to Simply Funds. 1st mortgage for 12 months was the solution including not having to pay interest on a monthly basis. Really assisted with what I needed.
Finance brokers can expand their available loan options with
professionally sourced and managed finance deals for commercial
clients. There is no need to turn them away or send them through
the complicated banking process. Just talk with us.
The process of obtaining a loan secured by property can be overwhelming, and it's no surprise that many people get confused about the different types of mortgages available. Three common terms that often get mixed up are caveat, first mortgage, and second mortgage. In this article, we'll explore the differences between these types of mortgages […]
What will 2023 bring for the Australian Economy? Interest rates are expected to rise further, home prices are predicted to continue falling, and the demand for refinancing is projected to increase, especially with the looming cliff of fixed-rate mortgages ending. But what does this mean for brokers, borrowers, businesses and property owners? Here's a look […]
Running a business means there’s lots on your plate. Everyday is a new obstacle, task or problem that you need to source a solution for. When it comes to funding your business and sourcing finance, we’ve made finding a solution easy for you. This article outlines the four types of loans you should know about. […]
If you require additional cash flow for your business or other personal reasons, using the equity in your property may be a viable option. Contrary to the thoughts of many, you can use personal real estate which has an existing mortgage as security for a loan provided there is equity available.
Whether to invest in working capital, upgrade premises or facilities, purchase equipment or buy property, a second mortgage loan (or Caveat Loan) can provide money in less than a week from application to released funds.
Throughout the course of running a business owners are faced with difficult decisions and constant challenges. Among those are decisions relating to cash flow management, and more specifically, business finance.
Caveat loans (https://simplyfunds.com.au/blog/fast-caveat-loans/) are a financial solution for businesses, particularly useful for start-ups and commercial property investors. A caveat loan is a fast funding loan that is secured against a property. I
We’ll assess your application fast and get you an answer (and the funds you need) quickly.
Simply select the amount you're looking to borrow, click on the button below and fill out the
form. Our friendly team will respond to your enquiry as soon as possible.
A Bizcap provides both Unsecured and Secured loans to Small Business Owners. When assessing a loan application Bizcap generally doesn't take into consideration if a prospective customer has specific assets to provide as security. However:
(a) if the loan amount is above $30,000 (or any other figure which Bizcap determines from time to time), Bizcap will, under the loan agreement take a charge. For a corporate borrower and any corporate guarantor, the charge is over all of that entity's present and after-acquired property (that is. the security is not over specific assets but any and all assets which the entity may have). For a sole trader borrower and any individual guarantor, the charge is over its current and future real property; and
(b) in certain instances, for example, where the loan relative to the cash flow of the borrower is of a size that warrants the provision of security over specific assets. Bizcap may require specific security to be granted over those assets. Bizcop may register its security interest(s) under relevant legislation, including the Personal Properties Securities Register and the register held under the Real Property Act 1900 (NSW) or Its equivalent.
I n addition. Bizcap may take personal guarantees from directors of corporate borrowers, directors of corporate guarantors and certain individuals. No registrations are made in respect of guarantees.
Simply Funds operates an online information service that seeks to introduce Australian businesses to potential funders. Simply Funds does not provide any credit, financial products, or financial advice – either to individuals or businesses.
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