Business Loan Lender FundU.au partners with HomeSec for loan applications that fall outside Fundu’s lending guidelines. HomeSec Business Finance is pleased to announce that it is now taking on the very small 1st and 2nd mortgage loans, or loans where the security is in remote parts of Australia from private lender FundU.au. This will result in a better outcome for more business borrowers.
This is not just a referral arrangement with HomeSec. It is a technology integration which will provide a seamless transition of deals. FundU.au have also teamed up with LoansOne and Ownright Custom Finance, as well as an array of other hand-picked partners, who will offer a full array of services to business owners who need fast, innovative, no-nonsense business loan solutions.
Paul Stone from HomeSec has said that the business loans FundU will send us are our bread and butter of fast 1st and 2nd Mortgages and Caveat Loans, but they may be too small for FundU or are in remote locations where they won’t lend. They searched for short-term private business lenders who are fast, reputable and no-nonsense, and the name that kept popping up was HomeSec Business Finance.
We look forward to assisting 100’s of Fundu.au clients who need hassle-free access to business capital over the coming years.
FundU are keen to stress that only DIRECT LOAN APPLICATIONS will be sent to HomeSec if they fall outside of Fundu’s parameters. If a loan application is from one of its 300 broker partners, it won’t go anywhere else, even if the loan doesn’t fit Fundu’s lending guidelines. It will just be referred back to the broker for placement elsewhere.