The Smarter Path to Financial Returns

The PSA Blog

Helpful news, tips and business advice for small to medium business owners about how to maximise profit, minimise waste and grow and protect your business.

Discover if you meet the mortgage loan eligibility criteria at PSA.

Mortgage Loan Eligibility Criteria: Am I Eligible?

When you’re ready to take your business to the next level, but you keep hitting roadblocks with traditional funding avenues, private lending can bridge the gap. At PSA Capital Investments, we provide an alternative when mainstream banks aren’t an option to overcome your financial obstacles. Whether it’s expanding your operations or injecting capital for growth, we know that accessing funds can be one of the biggest hurdles for business owners. That’s why our eligibility criteria is designed with you in mind, tailored to support businesses that find themselves in tight spots.

Understanding Mortgage Loan Eligibility Criteria

Mortgage eligibility often involves navigating a complex set of lender requirements aimed at evaluating your ability to repay the loan, however, our criteria differs significantly from traditional lenders. Here’s what we prioritise:

  • Business Stability and Cash Flow: Unlike traditional banks that heavily weigh income and employment stability, we focus on your business’s current performance and future potential. We want to see a solid business plan and a clear path to revenue.
  • Flexible Credit Considerations: We understand that every business has its ups and downs. That’s why we take a broader view of your credit history, focusing more on recent successes and the strength of your business plan rather than just a number.
  • Value and Potential of Collateral: We’re interested in the real value your collateral brings to the table. Whether it’s property or business assets, we look at how it supports your business’s growth potential.
  • Genuine Savings and Security: We’re looking for evidence of financial responsibility and planning, but we’re also open to discussing other forms of collateral or security you can provide. We’re committed to working with you to find suitable security options that won’t put undue strain on your finances.

Are You Eligible for a Mortgage Loan?

Unlike banks and other conventional lenders with stringent requirements, our eligibility criteria recognises that businesses have diverse needs and sometimes encounter unique financial situations. We view eligibility through a broader lens, focusing on a range of factors beyond just the conventional benchmarks. It’s about evaluating your business’s overall financial health, its potential, and your plans for growth. Our aim is to build a comprehensive understanding of your business that demonstrates you’re eligible for a mortgage, even if traditional avenues have turned you away.

Next Steps After Confirming Eligibility

Learning that you qualify for a mortgage loan is the first big step towards securing your business’s financial future. Now it’s time to gather your business financial statements, proof of income, and, if needed, a property valuation. You’ll also outline how you plan to use the loan and your repayment strategy, including any security offered. Our goal is to facilitate your access to funds quickly and without unnecessary hurdles, aligning with your business’s growth trajectory.

Your Path to Mortgage Success Starts Here

Embarking on the journey to secure a mortgage can often seem complex, especially when traditional lending criteria feels so rigid. At PSA Capital Investments, we’re dedicated to simplifying the process for business owners, ensuring your loan is cost-effective with affordable repayments to help you escape debt sooner. Our flexible terms allow you to exit early without penalties and benefit from lower disbursement fees. You’ll gain quick access to funds and a tailored recovery plan designed specifically for your business, making the entire process as convenient as possible.

Looking to borrow without the burden? Contact us today on (03) 9847 7689 and learn more about our mortgage loan eligibility criteria and discover how we can help you secure your business’s financial future without the headache of traditional lending processes.

Author picture

PSA’s Director, Peter Marmara-Stewart, is a highly successful business owner and finance professional in Melbourne. As a certified Financial Planner with over 15 years of experience in business finance, accounting, and asset management, he provides clients with unparalleled expertise in asset protection, debt elimination and business restructuring. Call (03) 9847 7689 and see how Peter and the PSA team can help you get on the smarter path to financial returns.