Questions
Below are some of the common questions we receive. Please read through before applying.
No. We are restricted to non-conforming loans, also known as business or investment loans. You will be required to sign a statutory declaration to confirm that the money borrowed is for a business or investment process.
Generally, we lend between $1,000 and $1,000,000.
Vehicles/Boats – all vehicles must be free of encumbrance. We do not lend behind other finance companies.
Mortgages – we lend behind 1st mortgages under our 2nd mortgage facility. We do not lend by Caveats.
Generally, we lend up to 80% of the value of the property.
We are same day loan specialists. Generally, once you have provided all required documentation, we can arrange signup with you within 24 hours. Funds are usually provided to customers within 2 hours of signup being completed.
We lend money to customers in QLD, NT, NSW and VIC. Some small loans, generally under $10,000 may not be available outside of the SE Qld region. If you are unsure, please contact us to confirm.
Upon signing and returning a letter of offer provided by Tridium, you will be required to provide a commitment fee which ranges between $200 and $500. If you change your mind, we will retain that money to cover expenses such as PPSR and Title searches, and loan documentation preparation. Depending on how late you cancel the loan prior to funding, you may also be required to pay the documentation fee, which is in addition to the commitment fee. If we cancel your loan for whatever reason and this is not a result of misinformation provided by you, then you are not liable for the abovementioned fees.
In addition to the required fields on the application form, you will be required to provide:
- Current Registration Certificate (not the renewal)
- Current pictures of the vehicle
- Proof of comprehensive insurance
- Generally, proof of purchase is required
Note – this is merely an indication of some preliminary documents we require.
In addition to the required fields on the application form, you will be required to provide:
- Current rates notice
- Proof of comprehensive insurance
- First mortgage statement (if applying for a second mortgage)
Note – this is merely an indication of some preliminary documents we require.
No. We do not conduct credit checks, nor do we require financials. We are asset lenders only.
You are signed up in person by a representative of Tridium. We do not under any circumstances allow clients to signup via the mail or other means. You must make all borrowers to the loan available.
The loan documentation is explained to your by a Tridium representative. To ensure that you understand the loan, and the terms contained within it, all borrowers are required to speak and understand english.
Generally, 6 months is the maximum loan term.
Application