Smart Link Finance - Short term debt financing, bridging finance, caveat loan, remove lodged caveat

Caveat & Short Term Loans		Case Study
If you have a property and need cash fast, then a caveat loan or 2nd mortgage loan may be the answer. The following will explain what is involved: What do I need for a caveat loan, short term loan or bridging finance? How quickly can a Lodged Caveat be removed from my property? When is a Caveat Loan suitable? What do I need for a Caveat Loan, Short Term Loan or Bridging Finance? To qualify for this type of finance: you must have equity in real estate property – either your home or an investment property you must have an exit strategy – that is, you must know how you will pay the loan back at the end of the loan term. This might be from the sale of your property or by refinancing a loan on another property or you may have a great cash flow so the loan can be paid off on a monthly basis. With a caveat loan or second mortgage loan - in most cases you won't have to make monthly interest repayments - the interest is paid back in one go at the end of the loan term, along with the principal (loan amount). It's that simple.		Peter is a carpenter he had a large job to do for a builder but didnt have the funds available for the materials. Not wanting miss out on the large profit on the job he contacted Smart Link as we had refinanced his mortgage 12 months earlier. Peter needed $30,000 to complete the project he needed to act very quickly so we didn't have time to do another refinance. We reassesed him for the loan. We then spoke to a short term lender that we have that lends his own funds out. He was confident in the project and the property that Peter owned. He agreed very quickly to do the loan, he took a second mortgage out against Peters property. The loan settled in a 3 day period the up shot was Peter completed the project paid the loan back within two months the second mortgage was lifted the same day. Peter made a very tidy profit of $28,000 after the interest and fees and charges where paid back to the lender. Why not try an easier, more flexible and faster option - contact Smart Link today by filling in the Enquiry Form for a free assessment (no credit check). Or call us on 1300 551658.

We offer fast approval and flexible terms for all short term lending solutions, including: Caveat loans Short term 2nd mortgage loans Bridging finance for real estate deposits, business and investment purposes Pre-sale renovations or renovation of investment properties Payment of urgent debts E.G tax bills, Judgements, defaults, credit cards, personal loans ETC How Quickly Can a Lodged Caveat be Removed from My Property? Once you repay your caveat loan in full, the caveat that has been lodged to secure the loan can be removed or withdrawn within 30 minutes. Return to Top When is a Caveat Loan Suitable? Imagine this scenario: You are in need of funds fast and time is the issue. One week into waiting for your sale to settle, you find your dream home in the perfect location. You have a judgement, loan arrears or a writ on your property that needs to be paid out. You need quick funds to complete a project with huge profit in it We are able to give you access to funds quickly!! You'll be able to buy the property you want, when you want it. Or save an existing house that a lender or creditor is trying to take off you. We help you cover you out standing bills or shortfall by providing you with access to loans that last from a few weeks to a couple of years, on a monthly basis. Even better, we can provide fast approval so you don't have to miss your opportunity. Return to Top Smart Link Finance are specialists in this industry with over 15 years experience - act now - we are only a phone call away.