Cash Advance

Surge Finance offers Cash Advance Lending, a secured loan that allows businesses to access the value of assets like property to improve cash flow and support daily operations. This loan is ideal for businesses needing fast capital to cover operational expenses or manage cash flow gaps. Common uses include:

  • Working Capital: Ensures funds are available for immediate financial needs, such as payroll and supplier payments.
  • Cash Flow Management: Helps maintain stable operations during fluctuations or seasonal downturns.
  • Debt Consolidation: Combines multiple debts into one manageable loan, often at a better rate, simplifying repayments.

With up to 80% Loan-to-Value (LVR), Surge Finance offers one of the highest ratios available, providing more funding flexibility. Whether for everyday operations or unexpected challenges, Surge Finance helps businesses manage and grow with ease

Cash Out

A cash-out facility is a refinancing option where the new loan amount exceeds the existing loan, allowing you to convert property equity into cash.

Cash-out facilities are commonly used for business and commercial purposes. Surge Finance understands the urgency of unlocking property or project equity to access working capital quickly. Unlike many financial institutions, Surge Finance offers a cash-out facility with no capped limit, providing access to funds within 24 hours of application.

Typical commercial uses for cash-out facilities include:

  • Improving business cash flow
  • Funding settlements, particularly when under time pressure (clients often refinance with 1st or 2nd Tier lenders upon maturity)
  • Paying out creditors
  • Financing investments
  • Contributing to development projects

Whether you need a small or large uncapped cash-out facility, Surge Finance is ready to assist you.

Second Mortgages

A second mortgage is a loan secured against the equity of your property, sitting behind your primary mortgage. This type of financing allows homeowners or property owners to access additional capital quickly. 

Key Features of Second Mortgages:

  • Access to Capital: Unlock the equity in your property for various purposes, including debt consolidation, investments, covering major expenses, or cash out 
  • Loan-to-Value (LVR): Surge Finance offers second mortgages with LVRs of up to 80%, allowing you to borrow up to 80% of your property’s value. 
  • Surge Finance offers both first and second mortgages 

Surge Finance offers flexible, fast first and second mortgages with competitive LVR ratios, providing you with the financial freedom to achieve your goals and manage your cash flow.

Cross Collateralisation

A cross-collateralisation loan from Surge Finance is designed to leverage the full value of your assets, enabling you to achieve your desired Loan-to-Value Ratio (LVR%). By incorporating a wide range of asset types within your portfolio, this loan solution optimises your financial position.

Your assets may include investment properties, vehicles, boats, plant and equipment, or even outstanding receivables. Cross-collateralisation allows for a blend of asset classes to secure the loan. If, for instance, your primary asset—typically property—does not provide sufficient equity, Surge Finance can utilise your non-primary assets to bridge the gap. This approach allows you to raise the necessary funds to complete your transaction efficiently.

Caveat Loans

Our caveat loans is are a short-term, fast-settling loan ideal for urgent financing needs.

Secured by property, such as residential, commercial, or industrial real estate, it offers quick access to funds with minimal documentation. Unlike traditional loans, caveat loans don’t require credit checks or proof of income, making them accessible even to those with imperfect credit.

The loan amount is based on the property’s equity, and approval can occur in as little as two days. Repayment terms are flexible, typically ranging from a few months to a year, with the caveat removed once the loan is repaid.

Caveat loans can be used for various purposes, including business expansion, debt consolidation, or covering unexpected expenses. Surge Finance offers competitive terms with up to 80% LVR.

Bridging Loans

When you’re ready to purchase a new property or business but haven’t yet sold your current asset, a Bridging Loan from Surge Finance offers the financial flexibility to secure the deal. This short-term loan bridges the gap between buying and selling, providing capital to move forward with the transaction before receiving proceeds from your sale. Surge Finance’s Bridging Loans are designed for smooth transitions, with key features including:

  • Short-Term Financing: Loan terms range from 6 to 12 months, covering the interim period and allowing quick action.
  • Fast Access to Funds: Secure the new investment without delay, even while waiting for your sale to close.
  • Flexible Repayment Options: Repayments will be interest-only during the bridging period.

Surge Finance offers competitive terms, ensuring you can seize the best investment opportunities while managing your asset sales effectively.

Refinance

Refinancing involves replacing an existing loan with a new one to secure better terms, such as lower interest rates or more manageable repayment structures.

You can refinance with your current lender or switch to a new one. This process typically requires an assessment of your financial situation and creditworthiness. Common reasons to refinance include lowering interest rates, improving loan terms, avoiding default, consolidating debt, and accessing additional funds through cash-out refinancing.

Refinancing can reduce monthly payments, improve cash flow and save money in the long run. Surge Finance offers tailored refinancing solutions, helping you secure favorable terms and achieve your financial goals with expert guidance.

Equipment Finance

Equipment financing is a loan that helps businesses acquire essential tools like office equipment, vehicles, or machinery without large upfront costs. Secured by the equipment itself, it will also require additional security, such as a cash deposit or property. Key benefits include:

  • Asset Acquisition: Acquire new or upgraded equipment without depleting working capital.
  • Cash Flow Management: Spread costs over manageable payments, preserving funds for other business needs.
  • Tax Benefits: Potential deductions on interest and depreciation of the financed equipment.
  • Ownership: Unlike leasing, you’ll own the equipment once the loan is repaid.

Surge Finance offers flexible, tailored equipment financing solutions, supporting your business’s growth while keeping cash flow intact.

Tax Debt Loan

A tax debt doesn’t have to be a persistent or insurmountable challenge. At Surge Finance, we work closely with you to develop a tailored solution that effectively addresses your tax debt, helping you resolve the issue once and for all.

Our team can liaise with the ATO on your behalf, saving you time and stress. We assist in negotiating a reduction in your tax liability, creating a manageable repayment plan, and arranging a tax debt loan to help you avoid further penalties or fines.

It’s important to recognize that unresolved tax debts can severely impact your credit rating and limit your access to financial institutions. Most banks and lenders have strict policies against providing loans or refinancing to individuals with outstanding tax debts due to the following concerns:

  1. Financial Mismanagement: Unpaid tax debts signal poor financial management and an unwillingness to repay obligations.
  2. Financial Distress: Unresolved tax debts raise concerns about your ability to manage finances and service future debt.
  3. Repeated Issues: A history of tax debt often correlates with a higher likelihood of future financial difficulties.
  4. Security Risks: In the event of property sale, the ATO may claim proceeds, creating risks for banks and lenders that could result in financial losses.

At Surge Finance, we help you address these risks and restore your financial standing.

Receivership Finance

If your company has been placed into voluntary administration, liquidation, or receivership by an external administrator, Surge Finance can provide a tailored finance solution to support your specific needs.

We take a proactive approach, swiftly assessing your situation and developing customized strategies to help you regain control of your business. Our team will work with you to implement a financial plan that enables debt repayment while preserving relationships with key debtors. Additionally, we can manage negotiations with other creditors on your behalf, allowing you to move forward with confidence and continue your operations.

Wind Up Notices

When a wind-up notice is issued, swift and decisive action is essential. This notice is typically served when one party fails to meet a contractual obligation, such as repaying a debt, by the specified due date. The defaulting party is then granted a 21-day period to rectify the breach. Should the obligation remain unfulfilled, legal action for breach of contract may ensue. The potential consequences of such a breach include:

  • Forfeiture of assets
  • Appointment of receivers
  • Legal proceedings for the recovery of funds

Surge Finance can provide prompt assistance in addressing a wind-up notice, resolving the matter within as little as 24 hours.

• Loans from $50k to $50m
• Up to 80% LVR Maximum
• Interest from 1% per Month
• Money paid in 24h from approval
• Secured and Unsecured Loans