How to Apply for Caveat or Short Term Loan

When applying for a Caveat or Short Term Loan the first consideration is the time frame in which you need results.  If you need the funds immediately and can not afford to delay, a Short Term Loan (or Caveat Loan) may be appropriate for you.

In order to facilitate funding in the quickest time possible we need to get the appropriate documentation in order. The sorts of information we may require for your Short Term Loan (depending on your own particular circumstances) may be;

• Rates Notices
• 100 Points ID
• Current Mortgage Statement (if relevant)
• Purpose of funds

Its as easy as supply the supporting documentation above to allow your consultant to make an assessment for suitability. It is worth noting that Astute Funding can proceed on the basis of an understanding of your details i.e. what is the security worth, what is owed & purpose of funds. This can potentially provide you with an indication on the opportunity prior to you providing any supporting documentation.

We will assist to make it a straightforward process, and by allowing us to guide you we can make this as streamlined as possible.

Once the supporting documentation has been received, a consultant can prepare your application for your Short Term Loan. Generally, an indicated as to the eligibility of your Short Term Loan can be given immediately. Once the initial assessment has been completed, your consultant will present you with an indicative offer with general terms based on the information supplied to date. It is quite common to also achieve a full approval for your Short Term Loan at this stage assuming sufficient supporting information has been provided.

Short Term Loans or Caveat Loans must be used predominantly for business purposes (in some instances, some of the proceeds can be directed towards payment of personal debt) for further clarification please contact us.