fast caveat loans
Helping Businesses with Caveat Finance
Fast Caveat Loans
Lawrence Corporate Solutions provide Caveat Loans fast for Businesses in Perth and beyond.
Lawrence Corporate Solutions are Caveat Loan specialists. We aim to provide you with Caveat Loans as soon as possible. When you complete a Caveat Loan application with us, you will receive a phone call within 24 hours to discuss your application. We aim to work towards helping you secure funding within 48 hours.
What are Fast Caveat Loans
A Caveat Loan is simply a credit secured using the value of your properties’ equity. Caveat Loans are used when businesses require funding instantly and do not have the ability to wait for traditional loan approval.
A Caveat Loan is usually the fastest business loan option and is generally used as short term loans only due to the higher interest loans associated with them. These loans are great short term solutions for businesses who don’t necessarily have the best credit rating or time to spare.
If you own or are paying off the property and need cash urgently, Lawrence Group Solutions can help you to efficiently secure a Caveat Loan without hassle.
How does a Caveat Loan work?
If you own a property, or any other substantial asset, including machinery, you can secure a loan based on the equity of that asset.
If you have a property valued at 1 million, with a remaining mortgage value of $600,000. The equity on your property is $400,000. You can access that equity with a Caveat Loan.
A ‘caveat’ is essentially a document lodged onto the title of your property. Placing a caveat on the title will secure the real estate so that the lender of interest is formally registered, similar to a mortgage.
By doing this it allows the property or other assets to be used as security against the loan amount. The lender continues to receive “equitable interest” on the property, or asset until the loan is repaid in full. In any instance where the loan cannot be repaid by the borrower, the lender will be able to liquidate the property to make up for any losses.
The Caveat Loan also acts as a declaration on the property title to ensure all other lenders are aware that the property is being used as security, therefore preventing the property from being used for any other dealings or arrangements.
What else should you know about Caveat Loans?
Caveat Loans are a great tactic to secure funding when many other options simply aren’t available. However, there are some limitations on what you can typically secure a Caveat Loan for, they are as follows:
- Improving Cash Flow
- Real Estate Purchase (for business purposes only)
- Secondary Business Purchases
- Business Improvement and Development
- Business Debt Clearance
Arranging Caveat Loans with Lawrence Corporate Solutions is the best option for your business if you’re in hot water. We offer caveat loans to businesses that offer as much value as possible without jumping through hoops.
- Loan term up to 12 months
- Easy Online Application
- Flexible Repayment Options
- Multiple Loan Consolidation Options
- Ability to borrow up to 90% of asset value
- Interest rates as low as 2% per month
- Funding available within 48 hours
- Ability to use assets other than Property
- Poor credit rating applications accepted
Who We Help with our Private Lending
Whatever your business needs financially, as long as you have the right assets to secure a Caveat loan, we can help.
Lawrence Corporate solutions can provide you with professional advice and expertise to give your business the best opportunity to thrive with less stress.
what our clients say
Successful Stories From Our Clients
Our team’s unique experience and extensive skill has assisted countless Perth business owners to move past financial strive and work towards a bright and successful future. Here are some of our success stories:
Miranda was struggling to meet her 12-month payment arrangements with the ATO and, as 12-month arrangements are the most that the ATO will grant, Miranda felt that her financial position was a lost cause. After speaking with Lawrence Corporate Solutions, however, Miranda’s confidence was restored. Lawrence Corporate Solutions successfully negotiated a 24-month extended payment arrangement with the ATO, giving Miranda the breathing room that she needed to get back to running her business.
Sharon found herself being chased by the ATO for a mounting tax debt, and as her spouse had recently been unable work, it couldn’t have come at a worse time. With constant calls and letters, Sharon welcomed Empire Corporate Services stepping in and liaising with the ATO on her behalf. In the end, Sharon prevailed with a $79,904.62 remittance before the final balance was paid out.
After an accident that rendered David unable to work, he was forced to use his tax savings to live on. Very worried and not sure where to turn, Empire Corporate Services worked closely on David’s case and secured him an interest remittance of nearly $7,000 to cope with his financial stress.
With a mountain of ATO penalties (including the dreaded General Interest Charges (GIC), Failure to Lodge (FTL) penalties and business stresses mounting, Shane was in a dire financial position. On Shane’s behalf, Empire Corporate Services was able to remit over $34,000 after just one phone call. Shane’s headaches cleared and it was back to furthering his business!
When Sam’s major debtor went into $2m liquidation, Sam’s business hit a pivotal crossroads. Based on the guidance of his previous advisors, Sam felt his only option was to go bankrupt. With the help of Empire Corporate Services, Sam got his business valued and sold, paid back the bank debt owing and additional funding in place for all other unsecured creditors… all within a fast turnaround of just 6 weeks.
Mitchell came in for a general financial review to set his business on the right path to grow. Upon reviewing Mitchell’s financial structure, Empire Corporate Services discovered that Mitchell had ATO debts totaling more than $550,000… and Mitchell was totally unaware of what he owed. After extensive work in tracking back over Mitchell’s previous returns and BAS’s (as well as righting the submission errors that Mitchell had made), Empire Corporate Services successfully helped Mitchell receive remission of interests of his debts, totaling $320,000.
For a long time Kate didn’t realise… but the ATO had placed $10,000 in interest and fees on top of her tax bill after a she had previously filed a claim incorrectly. Understandably, Kate was frightened about what might happen to her. Lawrence Corporate Solutions stepped in on her behalf and successfully negotiated for a substantial reduction in the outstanding ATO balance. Kate went from owing $10,000 to receiving a $2,000 refund.