Loandesk.com.au

THIS PODCAST FEATURES: This podcasts we will delve into: 1. The top three types of property non-bank secured business loans - First mortgage - Second mortgages – these are sometimes blended with FM’s - Caveat lending 2. When do they apply & what are your borrowing term options? 3. What are the lenders looking for short-term loans? 4. How non-bank lenders are comparing to bank loans with regards to qualifications – Example of Loandesk user for takeaway purchase. 5. A common question is, “I have plenty of equity in my home/property asset, however the bank still won’t lend me the money for my business”. Common situation we see everyday. Servicing ratios are a lot higher for bank loans vs non-bank lenders, purely due to the risk levels the investors are willing to take vs traditional bank lending risk as private investors and SMSF are seeking higher yielding investments. 6. For attractive rates what are the lenders looking for? I.e business purpose, trading business etc. Short term lenders will purely lend di