FAST BUSINESS LOANS IN SYDNEY, BRISBANE, MELBOURNE AND CANBERRA
We provide immediate business funding for property settlements, bridging finance, cash flow, debt consolidation and other commercial requirements.
As a direct private lender using our own capital, we assess each application individually to provide funding solutions based on the available security and loan purpose. This allows us to support businesses that may not meet traditional bank lending criteria.
why choose us
OUR OFFERING
ALL SECURITY TYPES
Our secured business loans can be backed by a broad range of real property, including residential, commercial and retail property, vacant land and future development land. We will also consider many specialised securities that other lenders will not (including private lenders).
NEED TO SETTLE QUICKLY?
When timing is critical, our urgent and short-term small business loans can support urgent property settlements, cash flow needs and other commercial transactions. Our refined lending process and clear low-doc requirements allow for genuinely quick settlements within 48 hours. Other lenders promise the world; Pronto Funds is clear with expectations and requirements to actually fund your loan fast.
WAITING FOR THE BANK?
Despite having a strong business history, banks do not necessarily expedite your loan application, requiring extensive paperwork and imposing long processing times. Pronto Funds offers immediate business funding, giving you time to refinance later or negotiate a longer-term solution with your bank.
BAD CREDIT AND ATO DEBTS HOLDING YOU BACK?
While bad credit and ATO debts hinder a bank loan and will generally lead to a declined loan application, Pronto Funds understands that sometimes life does not go to plan and often you need some assistance. By consolidating and clearing any arrears you may be experiencing, Pronto Funds will help widen your future lending options.
NO UPFRONT VALUATIONS
Pronto Funds can expedite your loan approval by deferring formal valuations. We can quickly assess the security's value within hours of your application, bypassing the most time-consuming aspect of the lending process. We also leverage a network of local real estate agents and multiple market data sources to achieve the fastest settlements.
HELPING BETTER YOUR POSITION
After settling, Pronto will collaborate with you and your broker to ensure your loan repayment plans are on track. Pronto can enhance your application's appeal to traditional banks or second-tier lenders by consolidating loans, settling arrears or granting extra time to fulfil the necessary financial requirements. Our new business loans may also support newer businesses with sufficient security and a clear exit strategy, even where limited trading history makes bank finance difficult.
Pronto Funds
Loan Specs
TYPE OF LOAN | Business & Bridging Loans |
TERM | 1-12 months |
LIMITS | $200,000 -$10,000,000 |
TIME FUNDED | Within 48 hours |
INITIAL RATES | From 1.2% per month |
LVR | Up to 85% Up to 90% for residential in Sydney & Melbourne |
ESTABLISHMENT FEE | From 1.95% |
MORTGAGE POSITION | 1st & 2nd Mortgages & Caveats |
SECURITY TYPES | Residential, Commercial, Vacant land, Retail, Development land with/without DA, and vehicles |
SECURITY LOCATION | Metro across Australia (NT Excluded) & regional areas on the East Coast |
WHY CHOOSE PRONTO FUNDS FOR BUSINESS FINANCE LOANS?
Pronto Funds specialises in second mortgages, providing distinct, customised solutions with LVR options up to 85%. What sets us apart is our ability to sit behind other private lenders, providing financial solutions where others won’t.
At Pronto Funds, we pride ourselves on the following practices:
- Fair Business Practices: We treat our responsibilities as premium financiers with the highest standards and operate according to the latest industry standards.
- Transparent Fee Structure: All fees will be clearly stated for your complete understanding and agreement when you apply for business finance loans with Pronto Funds.
- Ongoing Communication and Support: Pronto Funds provides support from application onwards. We will continue to communicate with you during the loan period to ensure that your plan to repay is on track.
HOW TO APPLY FOR QUICK BUSINESS LOANS
As trusted business loan lenders in Sydney, Brisbane, Melbourne and Canberra, we do everything possible to make the application process easy for our clients. This includes a straightforward and convenient online application form.
To avoid the most time-consuming part of the lending application, Pronto Funds credit specialists can determine the value for the security asset within hours of applying using our network of real estate agents and reviewing market data. Using the information acquired, Pronto Funds can fund your loan and leave formal valuations until after settlement, making the process quick and easy.
All you have to do is enter your details into our hassle-free online application form and we’ll guide you through the rest of the process!
Apply Now
Need to settle quickly?
f.a.q.
Frequently Asking Questions
What can a business loan be used for?
A business loan can support property settlement, cash flow, debt consolidation, tax obligations, equipment purchases, expansion and other commercial purposes. The available structure will depend on the loan purpose, security and repayment strategy.
Can a new start-up business apply for a business loan?
Yes, in some cases. We assess start-up business loans based on the available security, intended use of funds and proposed exit strategy rather than relying solely on trading history or financial records.
What is the difference between business lending through a private lender and a bank?
Private business lending is generally more flexible and can move faster than a traditional bank process. We assess each application commercially, with a focus on property equity, loan purpose and the repayment strategy.
What information do I need to apply?
We ask for your contact details, loan amount, loan purpose, preferred loan term and proposed exit strategy. You can also provide your business name, broker status and preferred prepaid interest term where relevant.
How fast can you settle?
Settlement generally occurs within 48 hours. But in many cases, we settle much quicker. You can speed up your application by ensuring all required information is provided promptly.
How do you settle so fast?
Our team can determine a value for the security within hours of applying. Our Pronto Funds Portal clearly outlines requirements and conveniently assists you to seamlessly submit documents right from your phone or PC.
Pronto funds will leave formal valuations until after settlement, getting you the money you need now, and often allowing for additional borrowing in the future.
Why will Pronto Funds approve loans when banks won’t?
As a private lender, our lending criteria is more straightforward than a bank. Our assessment revolves around your plan to repay the loan and the value of your security. This means we can still lend to you if you have ATO debts, bad credit, incomplete financial or limited cash flow. All our investors are high-net-worth individuals, which means we can take more chances than banks and even other private lenders.
Is Pronto Funds a broker or a lender?
Pronto Funds is a lender. We lend our investors’ money directly to you. So, we can make our own assessments of your application, and we can consider clients in unique and individual situations.
How much do I need to pay during my loan?
All Pronto Funds loans are tailored to our client’s situations. We can arrange for interest and fees to be prepaid, so you can choose to not make any payments during the loan term. Or if it suits you better, you may choose to pay the interest only during the term.
What happens at the end of the loan?
Your strategy to repay the loan will be declared during the application process. Clear plans to repay the loan will assist with approval. Pronto Funds will communicate with you during the loan period to ensure that your plan to repay is on track. Where appropriate, a tailored extension offer will be provided.