Questions

Below are some of the common questions we receive. Please read through before applying.

Do you lend for personal finance?

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.

What is the minimum and maximum loan amounts available?

Generally, we lend between $1,000 and $1,000,000.

I already have finance on the security I am offering, is that okay?

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.

How much will you lend on my property?

Generally, we lend up to 80% of the value of the property.

How quickly can I get my loan?

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.

Do you lend in all Australian States?

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.

What if I agree to go ahead with a loan and change my mind?

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.

What information do I need to provide for a vehicle loan application?

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.

What information do I need to provide for a mortgage loan application?

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.

Do I need to provide a financials?

No. We do not conduct credit checks, nor do we require financials. We are asset lenders only.

How do you sign me up?

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.

I don't speak english, is this a problem?

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.

What is the maximum loan term?

Generally, 6 months is the maximum loan term.

Application