Property & people

Will you lend to me without property, or with a tricky set-up?

No property, a partner's property, land, a trust, a home that's already mortgaged or a director overseas. What security and structure change about the answer.

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What you can offer as security — and who owns it — shapes which doors are open. No property points you towards unsecured options for trading businesses. Property in a partner's name, a trust, land or commercial premises can all work with the right paperwork.

Property-secured business loans run from $20,000 to $5,000,000 through first mortgages, second mortgages and caveat loans over residential or commercial property. Pick the set-up that matches yours.

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…I don't own any property? Yes, if you're trading

Yes, if your business is trading. Unsecured, cash-flow and line-of-credit options for trading businesses — typically $5,000 to $500,000 — don't need property.

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…the property is in my partner's name? Yes, with their agreement

Yes, with their genuine agreement. A partner, parent or other family member can offer their property as security for your business loan, usually by giving a mortgage and a guarantee.

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…I have property equity but not much income? Often, yes

Often, yes. Property-secured business loans lean mainly on the equity in residential or commercial property and a clear plan to repay, rather than income alone.

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…I'm on a visa or a director lives overseas? Case by case

Case by case.

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…the property is owned by a family trust? Usually, yes

Usually, yes.

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…my only property is vacant or rural land? Case by case

Case by case. Vacant and rural land can secure a business loan, but lenders are more cautious because land usually earns no income, can take longer to sell and is harder to value.

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…my home already has a mortgage? Often, yes

Often, yes.

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…my security is a shop, factory or warehouse? Yes

Yes. Commercial property — shops, offices, factories, warehouses and similar — can secure a business loan through a first mortgage, second mortgage or caveat.

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