Auction Finance

• Fast completion within 28 days
• Bridging-based structure
• Up to 75% LTV
• Interest rolled up option

• Property bought at auction
• Quick completion deadlines
• Refurbishment before refinance

Documents commonly requested

• Recent business bank statements
• Latest filed accounts and current management information
• Identification and business ownership information
• Evidence supporting the funding purpose
• Property, asset, invoice or contract information where relevant

The exact list depends on the facility and lender. Documents are requested only when relevant to the application.

Important considerations

• Compare the total cost, not only the headline rate
• Understand arrangement, valuation, legal and exit fees where applicable
• Check how repayments affect business cashflow
• Review security, debenture and personal-guarantee requirements
• Consider early repayment and default provisions before signing

How it works

• Tell us about your funding need
• We compare the whole-of-market lender network
• Receive competitive offers tailored to you
• We manage the application to completion

Why use FinanceMyCompany?

• Whole-of-market lender access
• Transparent, fee-clear advice
• Dedicated finance specialist
• Fast, straightforward process