Mortgage Arrears Finance for Business Borrowers
Short-term finance to clear eligible arrears and give your business time to regain control.
Falling behind on a business mortgage can quickly lead to added interest, default notices and lender pressure. We can arrange short-term finance to clear eligible arrears while you work towards a longer-term solution.
Falling Behind on a Mortgage?
Mortgage arrears can become increasingly difficult to manage once additional interest, fees and enforcement costs begin to accumulate.
Short-term private finance can provide a way to bring an eligible business facility up to date while giving you time to put a longer-term solution in place.
Giving You Time to Put the Next Step in Place
✓ Refinance to a longer-term lender
✓ Sell a property or other asset
✓ Receive proceeds from an upcoming transaction
✓ Improve business cash flow
✓ Restructure existing business debt
✓ Complete a business or property transaction
How Mortgage Arrears Finance Works
Short-term finance can clear eligible arrears while giving your business time to put a longer-term solution in place.
1
Clear Eligible Arrears
Funds can be used to bring an eligible business mortgage or facility up to date.
2
Access Available Equity
Funding is assessed against the available equity in the property offered as security.
3
Capitalised Interest
Interest can be prepaid or capitalised for the agreed loan term, avoiding monthly interest servicing during the facility.
4
Put the Next Step in Place
Use the loan term to refinance, sell an asset, complete a transaction or improve cash flow.
When Mortgage Arrears Finance May Be Suitable
Short-term funding can help when mortgage arrears are creating immediate pressure on a business.
Mortgage arrears finance may be considered where there is available property equity and a genuine business-purpose funding requirement.
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Business mortgage payments have fallen behind
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A lender has issued an arrears or default notice
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A business refinance is taking longer than expected
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Short-term funding is needed before a property sale
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An existing private business facility is approaching enforcement
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Temporary cash-flow pressure is preventing arrears from being cleared
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Property equity is available but traditional finance is too slow
The earlier the situation is assessed, the more options may be available to resolve the arrears before additional costs or enforcement action progresses.
What We Need to Assess Your Scenario
Short-term funding can help when mortgage arrears are creating immediate pressure on a business.
To review a mortgage arrears scenario, we generally need:
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Amount required to clear the arrears
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Total loan amount required
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Property address
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Estimated property value
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Current mortgage balance
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Details of any other loans secured against the property
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Business purpose for the funding
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Any deadline, arrears notice or default notice received
No financial statements, tax returns or payslips are required for our no-doc options. Impaired credit can also be considered.
Fast Short-Term Funding When Timing Matters
Quick assessment and flexible short-term finance for urgent business situations.
Mortgage arrears often become more expensive and difficult to resolve the longer they remain outstanding. Where sufficient property equity is available, we can assess urgent business-purpose funding quickly and work towards settlement within the required timeframe.
What Happens at the End of the Loan?
Mortgage arrears finance is designed as a short-term solution rather than a permanent replacement for longer-term finance.
Before proceeding, there should be a realistic way for the facility to be repaid at the end of the agreed term. This could include refinancing, sale of property, completion of a transaction or other expected business funds.
Mortgage Arrears Finance FAQs
Answers to common questions about Mortgage Arrears finance.
Can I obtain funding if my mortgage is already in arrears?
Yes. Eligible business-purpose scenarios involving mortgage arrears can be considered, subject to available property equity and lender assessment.
Can funding be arranged after I receive a default notice?
Urgent scenarios can be considered, although timing becomes increasingly important once formal enforcement action has commenced.
Will I need to make monthly repayments?
Our short-term facilities can have interest prepaid or capitalised for the agreed term, meaning monthly interest payments are not required during the facility.
Can impaired credit be accepted?
Yes. Impaired credit does not automatically prevent a business-purpose funding request from being considered.
Can my home be used as security?
Residential property can be accepted as security for a genuine business-purpose loan. The purpose of the loan must still satisfy the applicable lending requirements.
Request a Fast Quote
Tell us a little about your scenario and one of our lending managers will contact you.
Business-purpose loans only. Real estate security required.
Need funds quickly?
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Same-day indicative approvals
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Loans from $50,000 to $100 million
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No financials, tax returns or payslips required
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1st mortgages, 2nd mortgages and caveat loans
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Impaired credit considered
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Prefer to Speak With Us?
Call 1300 364 659
Speak with our lending team about your funding requirements.
Email admin@caveatloans.finance
Australia-wide private business lending