Project Background
Howard Build (VIC) Pty Ltd was in the final stages of a high-rise commercial project when unexpected costs arose, including increased labor expenses and material shortages. With tight deadlines, any delay in funding would have significant financial repercussions, jeopardizing the project timeline and client relationships. Their bank required extensive paperwork and could not process the loan quickly enough.
A construction company requiring urgent capital to complete a large-scale commercial development.
Objectives
The company needed a fast-tracked financing solution to cover the shortfall, ensuring subcontractors were paid and construction stayed on schedule. Traditional lenders were not an option due to complex credit requirements and long approval timelines.
Key Features Delivered
Speedy Finance provided a Low Doc second mortgage loan, securing funding against the director’s investment property. The process was expedited within days, allowing BuildPro Constructions to access the necessary funds with minimal documentation.
Results
With funding secured, the company avoided costly delays and completed the project on schedule. This strengthened their reputation and ensured they could bid for future high-value projects without financial uncertainty.
These success stories showcase how Speedy Finance delivers fast, flexible, and practical second mortgage solutions to businesses across different industries.
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