After news of another interest rate rise and the housing market downturn, let’s kick the week off with some good.
Here at Property Credit, we’re excited to announce some exciting new offerings for our clients.
Our latest offering for brokers offers a financial bridge for clients’ property transactions.
Clients can access Equity Release Credit or GST funding through their broker — fast and flexible short-term event-based bridging loans secured against an existing property.
Be involved as much or as little as you like, from a simple referral to managing everything for your client.
Increase your client offering with broker-optimised solutions!
GST must be paid on most commercial property purchases, but most bank loans won’t cover this cost and require you to come up with the additional 10% yourself.
Reclaiming the GST from the ATO can take up to 120 days causing significant cash flow problems, potentially jeopardising the transaction altogether. Whether you’re a sales agent or property developer, purchasing a new build, land or even a development site, our funding solution helps you complete your next purchase without the roadblocks.
It’s important as we dive down deep into 2023, we’re also taking this opportunity to reflect on what we’ve achieved for our customers to date. Now more than ever we’re hearing of the difference we’re making in the lives of everyday people. We’ve been able to help clients where traditional banks and lenders couldn’t (or wouldn’t).
“Such a great experience dealing with Property Credit for over 1 year. Fast, friendly and efficient service that we really couldn’t recommend highly enough. Also a big bonus that this service does not leave an enquiry on your credit score, this was the deciding factor as this is of upmost importance to us. Without using Property Credit we wouldn’t have been able to pay the large sum of cash upfront for our building plans and quite possibly wouldn’t have been able to start building our dream home!“
– ALISHA
Improvements to our software mean loan turnaround time is faster than ever. We’ve more than halved the application time process, meaning clients often have access to funds within hours!
We’ve provided our clients with even greater access to their loans.
Property Advertising — Fund the up-front advertising costs of selling your home including photography, videos, online ads, social media, digital floor plans, copywriting, sign boards, plus print material.
Pre-sale Improvements — Increase the saleability of your home with pre-sale improvements including repairs and maintenance, styling/ staging, curb appeal, and basic renovations.
Investment Property Expenses — Cover any cost (like repairs and maintenance, marketing, insurance, body corporate fees for example) related to your investment property and repay with rental income.
GST Loan — Fund 100% of the GST on your next commercial property purchase.
We want to take this opportunity to say a huge thank you to our clients for allowing us to assist you in your property journeys to date. We genuinely want to see people thrive in property and you are the reason we push ourselves to do and be better every day. We look forward to excelling even further in 2023.
Giordano Stepancic
CEO
Visit property.credit for more information on our services or you can contact us on 1300 829 536 (au) or 03 668 2144 (nz).
This article is for general information purposes only and is not intended as financial product advice. Consider seeking independent financial advice that relates to your individual circumstances.
There's so much to consider when buying or selling. Below are just some of the opportunities equity release can offer over the course of a property sale.
