A strong acquisition can still be lost when bank approval does not match the seller’s timetable. Short-term private finance may bridge the settlement and later be repaid by bank refinance, property sale or other approved proceeds. Speed does not remove the need for due diligence.
Start with these steps
- Confirm the purchase structure, price, deposit and completion date.
- Complete legal, financial and commercial due diligence.
- Map every source of funds and the short-term loan exit.
- Allow time for security and legal documentation even when moving quickly.
When short term business funding may help
Property secured business finance may be relevant when there is a defined need, sufficient equity and a realistic event that will repay the facility. Examples include an incoming refinance, contracted property sale, major debtor receipt, asset sale or time limited commercial opportunity.
Equity Tap considers business facilities from $50,000 to $5 million for terms from one to twelve months. The loan must be for business purposes and secured by acceptable Australian real estate.
Questions to ask before borrowing
- What exact problem or opportunity will the funds address?
- What happens if the expected exit is delayed?
- What is the full cost including interest, establishment and legal costs?
- Is the amount borrowed proportionate to the benefit?
- Have appropriate legal, tax, accounting or insolvency advisers been consulted?
Talk to Equity Tap without judgement
Financial pressure can make business owners delay difficult conversations. Our role is to understand the facts and give you a clear lending answer. We will explain if the scenario fits and what information is needed next.
This guide is general information only and is not legal, tax, financial or insolvency advice.