At Hodgestone Finance, we recognise that time is of the essence when it comes to securing funding for your business ventures. That’s why we’ve refined the application process for our low doc commercial loans in Melbourne to make it as smooth and easy as possible. Here’s what you can expect when you partner with us:
The term ‘low doc’ is shortened from ‘low documentation’, and refers to how you don’t need to have an extensive amount of documents to apply for this type of loan like you would for other types of commercial loans.
Yes, low doc loans tend to have high interest rates. This is to incentivise paying back your loan in the given timeframe, as this is a high-risk type of loan.
LVR stands for loan to value ratio, and refers to how much a lender will loan you compared to the value of the asset you are going to buy. You can see Hodgestone Finance’s current LVRs on the right side of our business pages.
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!
