First and second mortgages from $100,000 to $25 million, secured by metropolitan Perth property, with a straight answer within 24 hours.
We lend in Perth on a selective basis, against well-located residential and commercial property in the metropolitan area. Our approach is the same as in our eastern states markets: the property, the purpose and the exit decide the loan, not a bank’s lending template.
Perth borrowers typically come to us for an urgent settlement, a second mortgage behind a bank loan, a tax debt or business capital. Send us the scenario and we will tell you quickly whether it is one for us.
We are not a replacement for your bank. We are the lender you use when the bank’s timeframe or template does not fit the situation, and the loan is written to hand you back to the bank when it does. Rates are indicative and subject to valuation, due diligence and formal approval.
| Feature | Verified Capital | A bank |
|---|---|---|
| Decision | Indicative terms within 24 hours | Weeks, often months |
| Assessed on | The property, the purpose and the exit | Financials, trading history and lending policy |
| Borrowers | SMEs, companies, trusts and investors | Consumers and businesses |
| Loan term | 1 to 24 months | Long term |
| Paperwork | Short, specific to the deal | Full application and ongoing covenants |
| Who you deal with | The people who assess, approve and fund | Relationship managers and a credit committee |
| Rates and fees | Every rate and fee set out upfront in the letter of offer | Lower rate if the business qualifies |
Tell us about the property, the amount you need, the purpose and how the loan will be repaid. Your broker can submit on your behalf.
If the scenario fits, we issue a letter of offer within 24 hours with every rate and fee set out upfront.
We instruct an independent valuation and complete our credit and title checks.
Our solicitors prepare the documents and we settle on your timeframe, then stay your point of contact through to repayment.
1st mortgageSettledA mining services contractor lost its main client and its bank called the facility. New contracts were signed but needed six months of cash flow to ramp up. Secured against the company’s workshop and repaid from a bank refinance after two quarters of trading.
Send us the details and we will come back to you within 24 hours.
Contact us