As with second mortgage loans, caveat loans are designed for business use and can be arranged very quickly – usually settled within a few days. Terms are generally from 3-6 months and can be used for any business purpose.
These type of loans are ideal for:
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Short term cash flow funding
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Improvements to investment property before sale
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Repaying business creditors
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Debt consolidation
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Purchase of plant and equipment
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Working Capital
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Any other business purpose
The loan must have a proven repayment outcome such as sale of a property, refinance of debt etc.
Very flexible lending terms are available including capitalisation of interest over the term so you don't have to make any repayments.