HomeSec Business Finance review

Facilities run AUD 20,000 to AUD 5,000,000 for business purposes, secured on property the business already owns. That covers both working capital needs and larger debt consolidation jobs. Because the loan is security backed, your credit history matters far less than the value of the property.

Funding can happen in As little as 24 hours once terms are settled, which suits urgent equipment or stock needs. Speed depends on valuation and the security checks, and every owner on the title has to sign. A well prepared file moves fastest.

Yes. Early repayment is free, so clearing the facility ahead of schedule adds nothing to your costs. That makes it worth revisiting once bridging finance or a seasonal stock buy has paid for itself. Speak to the lender before finalising the settlement.

Real estate secures every facility, with a maximum of 70% to 80%. Residential and commercial properties are both accepted, and business purpose only. Every owner on the title signs, so all directors or partners with an interest must be involved.

Not on its own. The lender looks at poor credit alongside the property you can pledge, which is why established trades with a thin credit file can still qualify. If you have never held property, this route is closed to you.

No. The purpose is equity release and home equity, so the money funds business activity rather than a home. If you want to buy or remortgage a property, look at a mortgage lender instead. A home loan market and a business lender will assess your situation very differently.

The range covers business, secured and bridging. A bridging facility suits a purchase that must settle before sale income arrives, while debt consolidation folds several business debts into one payment. Equity release lets you take cash out against a property you already hold.

Contact runs through phone and help centre, so a phone call is the fastest route and a help centre handles written questions. There is no broker in the middle, since HomeSec is a direct lender. You deal with the lender directly from application to settlement.