25/06/2026
Yes you read right. Crazy isn’t it. No one would knowingly take that offer. Yet that’s what we see being presented to business owners.
Lenders advertising “Cheap” interest rates that are not much more than a bank home loan rate, on a high risk, short term business loan.
We all know the saying about the free lunch. There is also no such thing as a cheap 80% no doc second mortgage either. Let’s just be honest about it. They are high risk and therefore come at a higher rate.
You may see a cheap rate, but the hidden fees (which you often only see when you go to repay) get you, as does the deliberate inflexibility of the loan.
The end result, is an incredibly expensive loan, and a lot of heartbreak.
For Brokers reading this, check the fine print. If you take a client to a lender that does the cheap rate trick with non disclosed 10% exit fees, etc, WHO DO YOU THINK THEY WILL BLAME for taking them there. 🫵. You.
HomeSec Business Finance has been the private business lender who just tells it like it is for the past 22 years.
No tricks, no BS, no hidden fees, no dodgy inflexibility designed to see the loan do into default.
You get the rate and the costs, and you know that’s all there is.
You also get total flexibility so you can pay out early or extend indefinitely with no additional fees or penalties.
Run a scenario past us on 1300 93 83 87 or via [email protected]