During our financial hustle in life, we often end up needing the help of a private loan or mortgage assistance. A couple of years back, Aussies use the older method of seeking the help of friends and connections to help because of the lack of websites like https://equitylenders.com.au/.
Since the introduction of Equity Lenders in 1996, obtaining a personal loan has been made accessible even when you are mortgaging in Australia. No more going around looking for lenders because they have already got you covered whether you are mortgaging your property or asking for a loan.
How lenders process loans?
Lenders make everything very easy through a simple process which includes:
● Processing loan offers with a range time of 5 days with a fast reply of 1-2 hours. Once a loan request has been sent, lenders take a few time to examine your request before granting you a quote.
● The applicant will be notified of the reoffer loan quote from the company. If the borrower accepts the loan offer from the company, an agreement or loan contract will be sent to the applicant.
● When the applicant receives the loan contract, it’s best to probably request the help of your solicitors to understand the loan terms before finalizing the loan offer. The loan contract comprises of the valuation fee and legal fee charged upon loan repayment. Once the borrower has signed the agreement, the loan will be received within 1-2 days from the submission of the contact.
They take severe measures in examining all loan applications, ensuring that all applicants meet the required criteria. Applicants requesting a loan from their website https://equitylenders.com.au/ must be a Pty Ltd company, family trust with a verified guarantor, or ABN holder before asking for a loan. They require a flat interest rate of 5.95% from each loan offered as well as a legal deposit of $1k.
Lenders require the applicant to fully explain the reason for the loan request as well as how the loan will be spent when received. All loan secured from Equity Lenders by Pty Ltd companies is to be used for business purposes by spending at least more than 51% of the received amount. Personal loans requested for development and construction of properties without the purpose of the business will require appropriate documentation concerning the use of the fund.
The repayment of the loan offer can be made per month if it’s not capitalized. If there’s a time that the borrower is unable to repay the loan on time, more time can be requested, depending on the loan contract.
Why apply for a loan from Equity Lenders?
● Fast communication
You don’t need to wait several hours before receiving a reply about your loan application. The company will even give you secure access to talking with the lender and other decision-makers without delays.
● Funds are always available
Lenders ensure that there are still adequate funds to satisfy all eligible borrows. They have helped a lot of borrowers around Australia, lending billions of dollars. Their funds are appropriately managed with the help of other lenders in producing an outstanding outcome.
● Adequate security
All transactions on Equity Lenders are safe and secured with a unique term binding both the company, lender, and borrower all through the agreed period.
● Easy and fast settlement offers
Loan offers within lenders are always settled on time with the range of 5 days from the applying date once the applicant meets all the criteria.
The website https://equitylenders.com.au/ is a reputable Pty Ltd company around Australia and all of their loans are secured and 100% legit obtained from registered mortgages and caveats.
They have a lot of potential loan offers which includes:
● Loans across Australia for purchasing properties.
● They give you the ability to refinance your loans.
● Loan offers for development and construction of new properties.
● Loan offers for eradicating equity either from property or land.
You may visit them at their website to know more about their loan offers.