- Who is Australian Secure Capital Fund?
Australian Secure Capital Fund Ltd (ASCF) is an asset lender based in Brisbane, Australia. This means we lend businesses money against the value of their property assets secured by a registered 1st or 2nd mortgage security.
ASCF helps Australian business owners with short-term business financing solutions. Committed to simple processes, short settlements and competitive rates, we aim to provide our customers with a stress-free, expedient and rapid short-term business financing experience.
Our directors have been in the private lending loan market since 1997 and in 2016 established Australian Secure Capital Fund Ltd.
Our loan book currently exceeds $145M, across both our retail funds and related wholesale capital raisings.
- Why Choose Australian Secure Capital Fund?
We offer fast loan approvals in as little as 24 hours.
Efficient funding solutions allowing for 72-hour settlement of approved loans.
Deal direct with the lender. This reduces associated fees and approval times and allows for a personal approach.
Flexible Lending Agreements
With flexible loan terms of 1 to 24 months for amounts ranging from $50,000 to $5,000,000 and maximum loan-to-valuation ratio (LVR) of 80%, offer flexible lending terms.
Competitive Short-Term Lending Rates
With interest rates from 9.95% for 1st Mortgage loans and 18% for 2nd Mortgages, we offer competitive short-term lending rates.
- What are suitable loan purposes?
We offer loans for a variety of reasons including refinance, commercial investment, business expansion, working capital and bridging finance or any other worthwhile business purpose.
- How much can I borrow?
We offer asset-backed lending to a maximum of 80% of the purchase price or valuation, whichever is the lower.
We offer loans starting from $50,000.
1st Mortgage Loans – Up to $10,000,000 (Loans > $10,000,000 considered on individual merit)
2nd Mortgage Loans – Up to $1,000,000 (Loans > $1,000,000 considered on individual merit)
- What are the loan terms?
We offer loans ranging from 1 to 24 months.
- What are the interest rates?
We offer fixed interest rates only, at a rate determined on an individual basis.
1st Mortgages – From 9.95% per annum
2nd Mortgages – From 18.00% per annum
- What are the associated fees?
- Valuation fee to be advised in an indicative letter of offer.
- Lenders establishment fee – 2.2% of the loan amount (to be assessed on an individual basis)
- Lenders legal fees $2,450 (deducted from the loan on settlement)
- + Document preparation fee $550
- + Legal disbursement $880
- How can I get started?