.. Lending Criteria

.. Loan Structure

.. Approval Process

.. Rates and Fees

.. Valuations

.. Requirements List


 

 

ACCOM’S RAPID FUNDING HELPS CASH STRAPPED PROPERTY INVESTOR
Wednesday July 11, 2007

In July 2007 a nervous property investor was introduced to Accom. He had a great property in Melbourne; although small it was perfect for his level of expertise. The client had entered into a contract to sell his property, that’s when he ran into a problem that could have been devastating if Accom had not stepped in.

“Traditional lenders shy away from partially completed projects, but we embrace it. Situational lending is our expertise and we act quickly to help clients that require funding when it counts” said Daniel Dunsford.

The property was not complete and was fast approaching the contract date. He had to either let the sale go and risk losing more money or get rapid funds from Accom to have his builder complete the project and secure the sale.

Fortunately Accom was able to see the value in the asset and without the need for a valuation, advanced funds in days. Being able to settle on this type of property without a valuation which nears impossible for other lender is another reason why Accom is a true situational lender. Assessing each deal on its own merits and rapidly acting where it’s needed are just a few qualities you can expect when dealing with Accom.

Accom, based in Sydney has been lending nationally since 2001. Accom prides itself on being a true direct private lender, making fast loan decisions and providing outstanding service in the short term finance market.

Accom Finance can issue loan offers in as little as 1 hour, which often leads to settlements in as little as 24 hours. In some cases, when time is unusually critical, deals can be closed even quicker. Available financing ranges from $25,000 to $4 million.

If you have a client in need of urgent working capital or needing money for an investment call Accom today on 1300 652 158 or visit www.accomfinance.com.au

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Accom usually advances funds by short term caveat for fast working capital. Short term finance, short term loans and finance available nationally in Sydney, Brisbane, Melbourne, Adelaide, Perth and Hobart. Second mortgage loans, 2 nd mortgage loans contact us at accom@accomfinance.com.au">Accom@accomfinance.com.au


 






 

© 2001- 2007 Accom Finance Pty Ltd

The material on this web site covers a variety of topics on commercial real estate mortgage banking and is for informationa purposes only. This information is inherently limited in scope, may change without notice, and does not contain all of the applicable terms, conditions, limitations and exclusions of the products and services described herein. © 2001-2007 ACCOM FINANCE. All rights reserved.