Frequently Asked Questions for Property Owners

Property Advertising Credit
Presentation of Property
Property Expense Funding

Property Advertising Credit

What is Property Advertising Credit?

Property Credit provides a 'Buy now, Pay later' solution allowing property owners to cover the up-front costs such as advertising, photography, signage, staging, improvements and more, which can be repaid out of the settlement funds.

What is the minimum and maximum amount available?

  • The minimum Property Advertising funding is $500.
  • Maximum for advertising 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 I apply for additional funds?

Yes, anytime while you are still committed to selling their property and the property is listed for sale.

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?

30 day (1 month) 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 an independent finance company offering pay later solutions to real estate professionals and their clients.

What happens if my property doesn't sell within 180 days?

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

Presentation of Property

What is Presentation of Property funding?

Property Credit provides a 'Buy now, Pay later' solution allowing property owners to cover the up-front costs of improving the presentation of their property for sale - which can be repaid out of the settlement funds.

What can I use Presentation of Property for?

There are four types of renovation projects:

1. Basics (and important) include a roof that doesn’t leak, functioning gutters and downspouts, a dry basement, a reliable furnace, solid floors, walls that are in good repair, and retaining walls that work.

2. Curb appeal items include a well-manicured lawn, low-cost landscaping, fresh paint inside and out, cleaned carpets, and new fixtures.

3. Value-added amenities include new external cladding, kitchen renovations, new fixtures, floorings and windows.

4. Trending projects include home office, swimming pools, tennis courts, hot tubs, wine cellars, game rooms, and water features.

Property Credit provides solutions so you can maximise the sale price and saleability of your home.

How does Presentation of Property work?

A few simple steps.
Apply online, received the funds, complete the works, sell the house, pay on settlement - easy.

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

  • The minimum Presentation of Property funding is $500.

  • Maximum for 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 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 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?

30 day (1 month) 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 an independent finance company offering pay later solutions to real estate professionals and their clients.

What happens if my property doesn't sell within 180 days?

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

Property Expense Funding

What is Property Expense Funding?​

Property Expense funding is a fast and easy low document, no credit check funding solution Property Owners and Property Managers can access for repairs, property improvements, renovations, unexpected compliance work, safety requirements and more.

How can I apply for Property Expense Funding?

Apply via our easy online application form. Applying takes less than a few minutes. Property Managers can also help you apply for Property Expense Funding.

What is the Minimum Amount of funding I can access?

The minimum Advance Amount is $500

What is the Maximum Amount of funding I can access?

The maximum Advance Amount is $15,000 per property.

What is the cost?

A simple monthly fee applies. You can estimate & apply on our portal

How will I repay the Property Expense Funding?

You decide how much to repay weekly, fortnightly or monthly, or in varying amounts, from rent collected.

Who can access Property Expense Funding through Property Credit?

  • You must be an owner of investment property.
  • This service is exclusively accessed via Property Managers / Real Estate Agents.
  • You cannot be living in the property needing the maintenance or expenses funded.

What is the maximum loan term?

9 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?

By direct debit or the property manager will make the repayments on your behalf from rent collected.

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

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