Asset Lending

Equity Tap-The Most Renowned Short-Term Asset Lender in Australia

Asset lending is a loan secured against a real estate asset. It offers a swift and secure way to access low-doc funding the essential machinery or equipment your company might need to keep growing and operating. This loan type gets secured in an agreement with the lender against real estate security. You can secure the loan against different types of property such as commercial, residential, rural and vacant land.

If you are having difficulty getting approved through the mainsteram equipment finance and asset finance lenders, and you have real estate security, you can still get approved and funded in 24 hours.  

How Does Equity Tap Asset Financing Work?

A business owner applies for asset financing when they use the funds from the loan to buy essential assets like a business vehicle, commercial property, office equipment, etc. If the borrower has tax debts or a poor credit score, they will probably get declined by most traditional equipment finance and asset finance lenders.   

This is where an Equity tap Asset Finance Loan is different.  We will use the equity in real estate to immediately fund your asset, and pay any overdue debts.   This will then enable you to re-apply through more conventional asset finance lenders after a few months.

Many business owners also take out asset loans to meet the business cash flow demands. If you cannot provide proof of enough cash flow or income to the lender for the asset loan, you simply submit real estate as collateral for athe loan. The loan repayment terms depend on the asset value and type offered as collateral, however equity tap Asset Loans range from 1 month through to 12 months.

Equity Tap as an asset lender only accepts real estate as collateral.  This gives you the immediate funding buy the following assets.

• Motor or electric vehicles
• Light Commercial
• Excavator
• Trucks and Trailers
• Office and computer accessories and equipment
• Yellow goods
• Marine
• Motorcycles
• Commercial equipment
• Renewable energy

Options after Equity Tap have helped fund the initial purchase.

Equity Tap will immediately fund your purchase almost ‘no questions asked” if you have equity in real estate to offer as security.   We can also consolidate any other defaults and oevrdue debts as part of the Equity Tap asset loan.    Then after a few months, you can revisit getting more conventional forms of asset finance, such as:

• Asset Leasing And Financing Agreement

Equity Tap funds the purchase of asset and pays any other major debts and arrears, so the borrower can then seek other longer term forms of finance secured against the asset

• Refinancing Agreements

This type of funding releases the capital linked with the asset by our institution by purchasing the property from the borrower and lending it back to them.

• Hire Purchase Asset Finance

Just like Asset Leasing, Equity Tap funds the purchase of asset and pays any other major debts and arrears, so the borrower can then seek other longer term forms of finance secured against the asset

• Chattel Mortgage

This commercial loan is available in different term ranges. The borrower will fully own the purchased asset without any minimum deposits.  This can also be arranged after Equity tap initially funds the purchase.

• Novated Lease

Novated lease is an arrangement between a business, their employee and the Employer and the lender. The running costs and the lease payments are all salary packaged. The repayment terms vary from 1 to 12 months.

Benefits of Asset Funding

Asset funding comes with the following advantages.

• Easy to obtain compared to the traditional banks
• Simple guidelines by the asset lenders
• Fixed payments make the cash flow and budgeting simple to control
• Most agreements come with fixed interest rates
• Failure in the loan repayment only results in the asset loss
• Alternatives to upgrading the loan amount are also available in some agreements
• Relative relief from the covenants
• Funds add flexibility to the business
• Business decisions become easy to take
• Companies with uneven cash flow but strong cash flow can access high capital

Asset funds can assist borrowers in running their businesses smoothly. However, consult with our experts to get the best loan structure.

How Can Equity Tap Help in Asset Lending?

At Equity Tap, our team has a flexible approach to risk-based pricing and lending. We are a well-known short term asset lender in Australia and can help when most conventional asset lenders can’t.  We offer the best financial solution when the borrowers get turned away elsewhere.. Equity Tap offers:

• Rapid Turnaround Times

Competitive interest rates and rapid turnaround time (often funded within 24 hours), and we can match any circumstances for a borrower.

• Wide Variety of Alternatives

We provide business asset loans for cars, trucks, trailers, earthmoving equipment, boats, yellow goods, agricultural equipment and trucks.

• Flexible Products

Equity Tap offers flexible loan options for commercial borrowers. You can borrow any loan amount varying from $100,000 to $10,000,000 with an approval time of 1 hour!

• Transparent Pricing

Our loan products come with no monthly fees and fixed monthly payments.  Equity Tap is a financial institution that has been offering business asset finance for impaired borrowers for some time. We have a track record of providing the best funding solutions, always keeping the borrowers’ necessities in mind.