it makes good sense to use EquityCap for your next loan
We've made it easy for you to apply. Use your mobile, tablet or PC to complete our online application -- it takes only a minute (mostly dropdown items). We'll instantly receive whatever you've sent us. You'll know we've received it as its an automated system and confirms receipt. Then standby for a callback to proceed.
Valuations Not always req'd
Full valuations are dependant on LVR’s, location and type of security offered. Desktop valuations and broker provided valuations are often acceptable for loans with lower LVR’s
High LVR's available
Borrow up-to 75% of property value for metro Residential dwellings, 70% for metro Vacant land, up-to 70% for Commercial and Industrial property. Other locations have reduced LVR's
No Accountant Letter required when interest is prepaid for the loan term
Because all of our loans are exclusively available to owners and purchasers that can borrow in the name of a Company, we don't require tax returns, cashflows or financial statements that many of our competitors require. We'll include the interest into the loan if there is available LVR
Low Credit Scores are Ok
A score under 600 is considered by banks and non-bank lender's as unacceptable and it's unlikely you'll be eligible for their loan. We're ok with lower credit scores which means you're eligible with us
You Can Be Funded in Days!
It's our objective to do whatever is required to get you funded in time. You'll need to be fast as well. That means timely Solicitor meetings, having DL's & Passports available, Council and Water Rates Notices available, existing loan balance statements from internet banking available, payout amounts on existing loans including Caveats. We'll provide you with a checklist of requirements when loan is conditionally approved
$0 Interest Payments required
Interest payments will be prepaid for the requested loan term if required or if no accountant letter is available. We'll finance 100% of the loan interest using available equity in the property or vacant land offered as security. That means no requirement for borrowers to make monthly interest payments
Loan Arrears are Ok
Yes, you can refinance your loan that is in arrears. You can have either a new loan by 1st mortgage, a 2nd mortgage or a fast caveat. We don't consider loan arrears. We'll simply pay out the arrears on any and all loans from settlement proceeds
New Businesses are Ok
We can provide you with funds no matter what industry you're in, or where you're located in Australia. Property owners and property purchasers require a Company to be the borrower for their business loan
who are our business clients?
