Caveat loan provide business owners with more financial flexibility, they can be used for.
Hannah has a property in Gosford valued at $500,000, with an owing of $210,000. She however has decided that she wants to renovate the property and requires a source of fast finance. Although she is soon to get income in future, she wishes to renovate her property now.
For this case, a caveat has been issued to her lender. They use the property as security to grant a loan, however are not able to sell the property.
In just 24 hours, the funds were transferred into her account, and was able to access sufficient funding. After five months, she was able to secured funds and repay the loan.
At Maxiron Capital, we operate under the principle that our customer’s satisfaction is of upmost priority. We are here to provide caveat loans to offset all your emergency business financial needs and help your business achieve an upper hand when in the market. With rates as low as 2%, our caveat loans include:
Fill out our pre-approval form - it takes only 5 minutes!
Receive an immediate decision - upload a few documents for verification
Receive your funds in as quick as 1 working day
- Here at Maxiron Capital, we value our customer’s time and understand that time is money. For this reason, we have revised our application procedure. - Complete the application process which takes only 5 minutes to complete and you will receive a decision on your caveat loan application. - To apply for a caveat loan, simply fill out our pre-approval application to see whether you’re eligible. After your application has been approved, funds can be transferred to you within just 24 hours.
- Maxiron Capital clients are granted access up to 100% of their property’s Loan Value Ratio (LVR). - LVR is calculated as a percentage that is derived from dividing the borrowed amount to the value of the property secured by the lender. - Essentially, you can borrow up to 100% of the property value you choose to secure against the loan.
At Maxiron Capital we accept a whole range of properties, ranging from residential, commercial, industrial, land and farm. We don't however accept overseas properties.