XCEDA Finance – Commercial Lending

XCEDA Finance provides commercial loans to Australian businesses, trusts, SMSFs and projects on flexible terms, secured by registered mortgages and caveats.

Our goal is to offer borrowers access to business finance with a fast, efficient and sensible lending approach. 

XCEDA Finance offers funding solutions for:

  1. Property Finance: Bridging First and Second Mortgages, Caveats. For terms from 3 to 24 months.  
  2. Business Finance: For a range of business needs including working capital, asset or stock purchases, property purchases, ATO debts, debt consolidation. For terms from 3 to 36 months.  

In general, an indicative financing decision on funding can be made within 24-48 hours of the initial application rom a borrower or broker. Providing all conditions of approval are met, funding can be issued within 5 Business Days.

*Xceda does not provide lending facilities to borrowers where such a loan would fall under the National Credit Code (NCC).

Pricing starting from

All pricing decided on case by case basis, rates below are indicative.

8.95%

for 1st mortgage lending

14.95%

for 2nd mortgage lending

15.95%

for GSA lending

rent

Property lending

New property purchase— residential and commercial

Bridge mortgage lending

Caveat lending

Refinance transactions

Non-Resident/Expat loans

003-portfolio

Business lending

Business asset purchases

Cashflow and working capital loans

Tax assistance

Revolving credit facilities

Debt consolidation

Property Finance


First Mortgage

•  Max. Loan: $2,000,000
•  Term: 6 – 36 months
•  Security: See Property LVR guide below
•  Can be used as security for any Business Loan


Second Mortgage

•  Max. Loan: $350,000
•  Term: 6 – 36 months
•  Security: See Property LVR guide below
•  Can be used as security for any Business Loan..


Caveat

•  Max. Loan: $100,000
•  Term: 6 – 24 months
•  Security: See Property LVR guide below
•  Can be used as security for a
Business 50 Loan

Business Finance


Business 50

•  Max. Loan: $50,000
•  Term: 6 – 24 months
•  Security: Company GSA and Director PGs (i.e. no external security)
•  Minimum trading for three years
•  Loan Types: Fixed term or Revolving Credit Facility


Business 100

•  Max. Loan: $100,000
•  Term: 6 – 24 months
•  Security: Property Caveat or Machinery, Plant, Equipment or Motor Vehicles
•  Loan Types: Fixed term or Revolving Credit   Facility


Business 500

•  Max. Loan: $500,000
•  Term: 6 – 48 months
•  Security: Registered 1st or 2nd mortgage
•  Property security
•  Loan types: Fixed term

Features and requirements

  • Interest Only and Capitalised Loans up to 12 months only, with defined exit
  • Property Valuation
  • Completed Application Form
  • Directors’ Statement of Position
  • Subject to Lender’s standard terms,
    conditions and compliance requirements
    Property Valuation

 

Features and requirements

  • Amortising Principal + Interest loan
    repayments preferred
  • Latest Company Financial Statements and
    Management Accounts
  • Completed Application Form
  • Directors’ Statement of Position
  • Subject to Lender’s standard terms,
    conditions and compliance requirements

 

Asset House

Residential property (with dwelling)

LOCATION MAXIMUM LVR MAXIMUM LOAN AMOUNT
All regions 80% - First mortgage $2,000,000
80% - Second mortgage $350,000
90% - Caveat $100,000

Bare land

LOCATION MAXIMUM LVR MAXIMUM LOAN AMOUNT
All regions 70% - First mortgage $750,000
70% - Second mortgage $350,000
Asset Business

Commercial property

LOCATION MAXIMUM LVR MAXIMUM LOAN AMOUNT
Main Cities 80% - First mortgage $1,250,000
80% - Second mortgage $350,000
Regional
Centres
65% - First mortgage $1,250,000
65% - Second mortgage $350,000

Max terms: 3 years for P+I / 12 months for interest only or capitalised interest loan

Download our Lending Policy Guide