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Q. How quickly can I obtain loan funds?
A. Crown and Gleeson can advance funds as quickly as one hour from receiving the application. Typically the funds are available the next day.
Q. Why would someone use Crown and Gleeson and not one of the Banks?
A. People come to Crown and Gleeson because they want the money NOW. They cannot wait the 30-60 days it takes the Banks to advance the funds or they simply don't have the required documents, paperwork or tax returns demanded by the banks.
Q. Will Crown and Gleeson lend money for any purpose?
A. The funds must be used predominantly (more than 50%) for ANY business or investment purpose. The funds can be used to:
· Fund an investment property (or deposit)
· Purchase a business
· Buy new plant or equipment
· Buy stock
· Pay tax or other work related expenses eg. wages, legal fees, advertising etc
· Business repairs and maintenance
· Working capital
· Council approvals/Head works
· Bridging the unexpected "gap"
There is no limit to the possible uses of funds from Crown and Gleeson.
If it can be done, we can do it!
Q What security is required?
A. We lend on first and second mortgages on real estate and will also lend on cars, boats, planes or anything of value.
Q. Can I obtain a line of credit?
A. Yes. We can establish a line of credit that will cost absolutely nothing each month and you only pay interest when you draw down the funds. After establishing a Crown and Gleeson line of credit, the funds are only a phone call away.
Q. Can I capitalize the interest ?
A. Yes. We are always flexible to meet your requirements
If it can be done, we can do it!
Q. What application forms do I have to fill in?
A. Absolutely none. All applications are by phone and there are NO forms to fill in.
Q. Do I need a business plan or tax returns?
A. NO.
Q. Do I have to visit the Crown and Gleeson office to sign documents or obtain funds?
A. No. We will come to your workplace or home. You never have to visit Crown and
Gleeson.
If it can be done, we can do it!
Q. Are there any application or other up-front fees?
A. No. If you are unsuccessful in obtaining the loan then you pay nothing.
Q. Do I have to pay a valuation fee?
A. No.
Q. What is the length of time of a Crown and Gleeson loan?
A. The maximum length of a loan is 12 months but most loans are only for a few months. There is no penalty for early payments.
If it can be done, we can do it!
Q. Does Crown and Gleeson pay a commission to referring parties?
A. Yes.
Q. Is Crown and Gleeson a Broker for other banks or financial institutions?
A. No. We lend on our own funds. That is why we are so fast (and so friendly )
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