Interested in how low doc commercial loans in Sydney could help? Here are some of the reasons they may be right for you.
Low doc commercial loans typically have a simplified application process, allowing you to secure funding faster than traditional loans. This means you can take advantage of business opportunities as they arise.
Many businesses can struggle to meet the strict documentation requirements of traditional lenders. Low doc commercial loans offer more flexible criteria, making it easier for businesses with minimal paperwork to qualify.
At Hodgestone Finance, we negotiate with our network of lenders to secure competitive interest rates for your low doc commercial loan. We aim to find the most cost-effective rate for your business to take advantage of.
Low doc (meaning low documentation) loans means you will need to have a few certain documents to qualify for the loan. No doc (no documentation) means the loan is suitable for those without any documents.
Because low doc loans are seen as having a higher risk than standard loans, the interest rates do tend to be higher. Factors that will affect the rate include how long your business has been running, your credit history and how long the term of the loan is.
Examples of when you might need to use a low doc commercial loan include buying machinery or equipment quickly, employing new staff members, balancing cash flow or performing a renovation.
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!
