Frequently Asked Questions for Agencies

Client VPA and POP
Agency Advertising Overdraft
Commission Factoring
Property Expense Funding

Client Vendor Paid Advertising and Presentation of Property Credit

What are the minimum and maximum amount Property Credit will fund?

  • The minimum Property Advertising (PA) funding is $750
  • The minimum Presentation of Property (POP) funding is $750
  • Maximum for Advertising and/or POP separately is $30,000 or 1.5% of the value of the property (whichever is lower)
  • Higher Amounts are available, subject to special application - contact us for further information

Can the property owner apply for additional funds?

Yes, anytime while they are still committed to selling their property.

What is the cost?

Costs can vary subject to location of the property and the advertising budget, please click here to access our estimator

Can I borrow only part of the Advertising/Improvement Cost?

Yes, you can borrow all or part of these costs (subject to minimum amounts noted above)

Who can use Property Credit for funding Advertising and/or home improvements?

Applicants must be actively selling their property and have signed with an exclusive agent/agency.

What are the minimum and maximum loan terms?

No minimum. Maximum is 180 days (6 months)

How long does it take to get funding?

Subject to us receiving all the necessary information, in as little as 24 hours

Is Property Credit a Real Estate Agency?

No. We are a finance company offering financial products to real estate professionals and their clients.

What happens if I don’t sell the Vendor’s property within 180 days?

The loan will have to be repaid or a rollover application (fees may apply) can be completed prior to the expiry of 180 days.

Agency Advertising Overdraft

What are the minimum and maximum amount Property Credit will fund?

  • The minimum Property Advertising (PA) funding is $750
  • Maximum is 30,000 or 1.5% of the value of the property (whichever is lower)
  • Higher Amounts are available, subject to special application - contact us for further information

Can the Agency apply for additional funds?

Yes, anytime while the property owner of the listing remains committed to selling and is under an exclusive sales agreement.

What is the cost?

Costs can vary subject to location of the property and the advertising budget, please click here to access our estimator

Can I borrow only part of the Advertising?

Yes, you can borrow all or part of these costs (subject to minimum amounts noted above)

Who can use Property Credit for funding Advertising?

Agency Paid Advertising Credit is exclusively available to Licensed Agencies. Applicants must have a Vendor actively selling their property and have signed an exclusive agency agreement.

What are the minimum and maximum loan terms?

30 day minimum, maximum 180 days (6 months)

How long does it take to get funding?

Subject to us receiving all the necessary information, in as little as 24 hours

Is Property Credit a Real Estate Agency?

No. We are a finance company offering financial products to real estate professionals and their clients.

What happens if I don’t sell the property within 180 days?

The loan will have to be repaid or a rollover application (fees may apply) can be completed prior to the expiry of 180 days.

What if I sell the property in less than 30 days?

The loan including any accrued fees must be repaid at the time of settlement.

What if the owner of the property takes the property off the market?

The loan including any accrued fees must be repaid within 30 days of removal from the market.

What if the owner takes the property off me and to another agent?

The loan including any accrued fees must be repaid within 30 days of removal from the Agency.

Commission Factoring for Agencies

What is the minimum & maximum amount Property Credit will fund through Commission Factoring?

  • The minimum amount of Commission funded in advance is $1,000 for any single Contract of Sale
  • The maximum amount of Commission funded in advance is $50,000 for any single Contract of Sale

What is the Maximum Amount of Commission I can access in advance?

80% of the commission owed to you through a Contract of Sale.

What is the cost?

Costs can vary, please click here to access the estimator

When will I have to repay the Commission Factoring amount?

Repayment is made on the settlement of the property sold but can be repaid anytime beforehand with no early repayment fees.

Who can access Commission Factoring through Property Credit?

This service is exclusive to Real Estate Agents and Agencies. You cannot access Commission Factoring without a Valid Real Estate Sales License and a valid Contract of Sale.

What is the maximum loan term?

Maximum is 180 days (6 months)

How long does it take to get funding?

48 hours

Is Property Credit a Real Estate Agency?

No. We are a finance company offering financial products to real estate professionals and their clients.

What happens if I don’t repay the amount of Commission Factored (borrowed) in 180 days?

The loan will have to be repaid or a rollover application (fees may apply) can be completed prior to the expiry of 180 days.

Property Expense Funding

What is the Minimum Amount of funding I can access?

The minimum Advance Amount is $1,000

What is the Maximum Amount of funding I can access?

The maximum Advance Amount is $15,000. Larger amounts available, please contact us for further information.

What is the cost?

Costs can vary, please contact us for further information.

How will I repay the Property Expense Funding?

Repayment is based on the total amount you borrow and the weekly/monthly amount you select is within your budget. Please click through to estimator here.

Who can access Property Expense Funding through Property Credit?

  • This service is exclusively accessed via Property Managers/ Real Estate Agents.

  • You must be an owner of investment property.

  • You cannot be living in the property needing the maintenance or expenses funded.

What is the maximum loan term?

12 months is the maximum loan duration.

How long does it take to get funding?

Subject to Property Credit receiving all the necessary information, in as little as 24 hours.

Is Property Credit a Real Estate Agency?

No. We are a finance company offering financial products to real estate professionals and their clients.

How do I make repayments?

The property manager will make the repayments on your behalf from rent collected.

Agency Appointment Forms & Brochures

Download the Agency Appointment Form Annexure for your State or Territory and promotional brochures for agents.
View Downloads

© 2020–2021 Property Credit • ABN 93 638 329 674 • Australian Credit Licence No. 528878.

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