24hr Approval: No Income Doc Short-Term Commercial Loan
Purpose
Refinance + Cash Out for title consolidation
Location
NSW (CAT 1)
Loan Amount
$3,000,000
Scenario
Mr X, a business owner with a property holding company, was looking for a fast refinance of his investment debt. He also required cash out to cover the costs associated with the transaction and the consolidation of two adjoining Sydney properties into a single title.
With pressure mounting from his current lender and no time to waste, Mr X needed a flexible short-term solution, and he needed it fast.
How did Brighten help?
Under Brighten’s short-term commercial product, Brighten Lift®, no income documentation is required. Mr X provided a clear exit strategy confirming he would repay the loan through a future asset sale, and Brighten approved his $3 million loan application in under 24 hours.
Fees, charges, lending criteria applies.