Business loan broker fundu partners with homesec
HomeSec accredits mortgage and finance brokers to refer property-secured business loans, with no volume requirement, no accreditation fee and no exclusivity arrangement. Commissions and trail are published up front rather than negotiated per deal, and accredited partners reach a Lending Manager directly instead of submitting into a queue and waiting.
Every accreditation we sign starts with the same conversation, so it is worth setting out what a HomeSec partnership actually involves before anyone fills in a form.
The commercial terms
No accreditation fee. No minimum volume. No exclusivity. Send us one file a year, or none, and nothing changes.
Commission and trail are published up front rather than negotiated deal by deal. We would rather every partner have the same terms and know what they are than run a system where the answer depends on who asked.
Why the open term matters to your trail
Most private lenders write a fixed term of one to twelve months. When a client needs longer, there is an extension, a fee, sometimes new documentation — and frequently an argument about whether the broker is paid on the extended period.
We do not fix the term. There is no minimum, no maximum and no extension fee, so extensions are ordinary rather than exceptional. That means how trail is treated when a loan runs on has to be explicit, and it is — set out in the partner agreement rather than left to interpretation.
The scenario desk
A direct line to a Lending Manager. Send four lines — amount and purpose, security, exit, deadline — before lunch and you will have indicative terms before close.
If it does not work, we tell you why, so you can tell your client something more useful than “declined”. That matters more than it sounds: a broker who can explain the reason keeps the relationship.
What we can say yes to that others cannot
No financial statements, tax returns or BAS. No minimum trading period, so start-ups are fundable. Credit history considered but never disqualifying on its own. No sworn valuation. Regional and rural residential security, which is where a meaningful share of the files placed with us have already been declined by a metro-only lender.
And the answer on the call is the answer. We fund our own loans from our own balance sheet — there is no funder behind us to check with and no committee that meets on Tuesdays.
What we ask of you
That the client’s purpose is genuinely a business one, and that you tell us the deadline honestly rather than optimistically. Both of those protect the client more than they protect us.
Getting accredited
A form and a conversation. We want to know what your client base looks like, and you want to know how to position a property-secured loan to someone who has only ever been offered unsecured cash-flow finance. Half an hour, once.
Reviewed by Catriona Anderson, General Manager