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Approvals within four hours and settlement within 72 hours
I have been doing short-term loans for almost 10 years and I believe that brokers are now embracing them more than ever before.
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Most brokers come across a short term loan these days and understand where it belongs in the marketplace. We at Boleyn Capital believe we have found the right formula for brokers and their clients.
At Boleyn Capital we specialise in providing short-term loans (one to six months). We do firsts, seconds and caveat loans. We believe in keeping the process simple as it is an asset lend. So, all we need is security and a solid exit strategy.
We do our best to make as many deals as possible work, although we do only lend for business purposes. Our loans start at $30,000 and we can lend up to $800,000 and up to 75 per cent LVR. We can approve loans within four hours and can settle within 72 hours.
We have no exit fees and our rates start from two per cent per month. We pay brokers at settlement and they can charge up to two per cent of the loan amount.
When you call up with a scenario we can give you an answer over the phone.
George Boulos is the credit manager at Boleyn Capital.
