Property Credit Logo

Drawdown Requests: Access Funds Easily

1 August 2023
Feature release

Borrowers now have a convenient way to access their pre-approved limit.

About Pre-Approved Limits

When we assess applications, we will usually offer a pre-approved limit that is larger than what was requested.

Essentially, this amount is the the maximum we can lend you based on the current stage of the property's sale status.

As the property progresses through the sale, we can offer the seller more.

Often, sellers who initially just need advertising funding have then needed funding for pre-sale improvements, deposits, building & pest report fixes and even temporary accommodation.

Up until now, agents and sellers have requested further funding manually.

How to Request Funds Now

On the loan details page (accessed through the portal or from a statement email), click on the Request Funds button. This will open a form to request additional funds.

We'll then process your request, and prepare a drawdown agreement for you to sign. Often you'll receive funds within hours.

Try out the latest feature today

Login to the portal and take this latest feature for a spin. We're continually improving and expanding what our portal has to offer so check back soon for more great feature releases.

Recent feature releases

Print Quotes, Win Listings

You can now print your marketing quotes to include in your listing pitches. Clear, branded quotes with a QR code to our payment gateway […]

Invite Your Team

Assemble your team easily with our new staff manager. Agency Principals and Office Admins can now add, approve and remove […]

Get Paid Quicker

Branded Payment Gateway Our payment gateway, sent via the new Refer Now form, allows your sellers to pay their Advertising & Presale Improvements […]

New Brochures

A new set of brochures have been uploaded to the portal resources page. Use these brochures to explain to your […]

Sharing VOI / ID Checks

To help our agents with verifying seller identity, we're now sharing our results for all sellers who are paying at […]

crossmenuchevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram