No doc commercial loans offer several advantages over traditional bank financing, including quicker turnaround times, shorter loan terms and a helpful flexibility for non-conforming applicants.
At Hodgestone Finance, we specialise in helping businesses that don’t fit the strict criteria of banks. Our no doc commercial loans are designed for:
If you fit any of the above criteria, then we encourage you to consider a no doc loan for your business.
No doc lending refers to a lending policy that relies on a suitable Exit Strategy, without the need to verify the usual serviceability requirements. It is suitable for businesses who do not conform to the tough requirements set by most banks – opening up finance options for people with ABN’s under two years, developers without a 100% debt coverage in pre-sales and anyone with a poor credit history. These loans usually come from non-bank alternatives and private lenders.
Yes, at Hodgestone Finance, we work with a variety of non-bank lenders who specialise in no doc commercial loans for borrowers with bad credit. Reach out to us today to explore your options.
The turnaround time for a no doc commercial loan is typically much quicker than a traditional bank loan. At Hodgestone Finance, we strive to secure your financing as quickly as possible, often within a matter of days.
The knowledge around Commercial Property & the customer service at Hodgestone is the best you will get. I was really struggling to get a Commercial Loan & Hodgestone came to the rescue with a great solution.
I was overly happy with how quick Hodgestone had my Home Loan approved, it was settled in three weeks of contacting them! I could organise my wedding, renovate my house & buy a new car thanks to Daniel & Alex. Great work Hodgestone.
I was at major risk of losing my block of Land, I had a week to settle to avoid this. I contacted Hodgestone, who structured my loan with a private lender and it was settled 4 days later! I highly recommend Hodgestone to everyone.
We have been dealing with Hodgestone for many years now & we are more and more impressed every time we have a new deal for the team. Hodgestone are the best we have come across when it comes to Low Doc lending.
The situation we brought to Hodgestone Finance was very complex & it was dealt with in a very professional & timely manner by the team, we are so glad we found Hodgestone to help with our Short-Term lending. A better fit would be hard to find!
