Our loans are usually more competitive than banks
Quicker turn around time than major banks
Option to rollover on the due date
Our base rates are very competitive when compared to banks and other private lenders
Progress payments paid within 24 hours of quantity surveyor/valuer report being received
Lending up to 65% of the “on Completion” Value net of GST
Option to capitalise interest within the loan amount or pay monthly*
*must provide serviceability evidence
A finance executive to assist with your borrowing needs
Pre-sale requirements assessed on a case by case basis
We build flexible lending options, with features that give you greater control during the construction term.
Unlike a bank, we can reset interest rates or modify loan repayments during the loan term. We understand the complex planning and rigid timelines the building industry adhers to and the need for a flexible financial provider.
Whether you’re a general builder or a large scale developer, you will find Australian Securities level of service a major benefit to you and your building operations.
Please contact the Finance Manager for further details about construction funding requirements on 1300 275 275.
IMPORTANT INFORMATION:Loans must be secured by real-estate; Company constitution and Trust Deeds to be provided (if applicable); Directors to be Guarantors of the loan; General Security Deed to be executed by the company; Business must be able to establish serviceability (contact your finance manager to find out requirements); Business Financials (if applicable) Terms and Conditions apply when borrowing from Australian Securities. It is recommended prospective borrowers refer to the resources page where they will find detailed information on loan types, features and benefits of borrowing from ASL. The information included on this page is not a recommendation or substitute for independent financial advice. ASL does not know the financial position or needs of the reader. Borrowing decisions you make should be entered into carefully after giving consideration to your personal needs and any risks that may be associated with a loan.
*Borrower must provide required documentation in the time period specified for a conditional approval on a loan agreement to be completed.