The property details a lender needs — and where to find them tonight

Property is what makes the fastest business funding possible. Property-secured amounts of $20k to $250k can be possible the same day, and up to $5m within 24–48 hours. But speed depends on how quickly the lender can confirm what the property is, who owns it, what it’s worth and what’s already owing.

You can answer almost all of that tonight, from home, in about fifteen minutes.

What property details does a lender need?

Detail	Where to find it	Why it matters
Full address and property type	You know it; note house, unit, shop, warehouse, land	Type affects how value is assessed
Every owner’s name, exactly as on title	Rates notice, contract of sale, or title documents	Every owner must agree and sign
Latest council rates notice	Council email or online portal	Confirms ownership and address
Existing mortgage balance and lender	Your lender’s online banking or latest statement	Shows available equity
Evidence of value	Previous valuation, agent appraisal, recent nearby sales	Helps decide valuation approach
Any other loans against the property	Your own records	Caveats or second mortgages already registered
Tenancy details (if leased)	Your lease	Rent can support servicing; leases can affect value

Why does owners’ naming matter so much?

A lender’s security depends on every registered owner agreeing. If the property is in joint names, both owners sign. If one owner is a company or trustee, the right person signs on its behalf with the right authority.

Mismatches cause pauses: a name spelled differently, a previous surname, a middle name missing. Check the names on your rates notice against each owner’s ID tonight, and mention any difference in your enquiry.

If someone on title doesn’t yet know about the plan, that’s the conversation to have tonight. See who to tell tonight.

What if the property is owned by a trust or company?

That’s common and workable. You’ll need:

• For a company owner: the company name and ACN, and details of the directors. ASIC’s registers let you search company details and officeholders.
• For a trust owner: the trust deed (and any variations), the trustee’s details, and if the trustee is a company, its details too.

These documents take time to find if they’re in a filing cabinet at the accountant’s office. If you can’t get them tonight, tell us in the enquiry so the specialist can plan around it. Our page on ID and entity documents lists what’s needed.

How is value worked out on a short timeline?

Lenders decide how much valuation work is needed based on the amount, the property type and the equity. On a tight timeline, anything that helps them get comfortable quickly is useful:

• A valuation from the last year or two.
• An agent’s recent appraisal.
• Two or three recent sales of similar properties nearby.
• Photos, if the property has been recently renovated.

Standard homes and units in established areas are generally quicker to assess. Rural land, vacant blocks and specialised commercial buildings can take longer.

What equity is available?

Equity is roughly the property’s value minus what’s already owing against it. Lenders use a loan-to-value ratio (LVR) to decide how much of that equity they’re comfortable lending against, and that depends on the property type, location, whether it’s a first or second mortgage and the overall deal. Every loan is assessed individually, so there’s no fixed rule to rely on tonight — but knowing your rough value and balance lets the specialist tell you quickly what’s realistic.

If you’ve got the numbers in front of you, enquire now and include the approximate value and balance.

An illustrative example

Illustrative: A plumbing business owner in Launceston wants to use an investment unit to fund $95k for a new service van fleet deposit due tomorrow. At 9pm she finds the council rates notice in her email, screenshots the mortgage balance from online banking, and saves a previous valuation from two years ago. Both she and her sister are on title, so she calls her sister to explain. When the specialist calls at 8.40am, the security picture is clear within ten minutes.

Why do lenders still want business details?

Even with strong property security, a lender needs to understand the business purpose and how the loan will be repaid. Have your ABN, recent statements and a short funding note ready alongside the property details.

What if I’m using property I’m about to buy or sell?

Timelines get more complex when property is mid-transaction. If you’re buying business premises and the settlement is short, see settlement tomorrow and short of funds. If a property you own is under contract to sell, the lender will want the contract and settlement date, because the sale may be the repayment source. Either way, mention it in your enquiry and have the contract to hand. Our property-secured funding page explains the options.

If the property is leased to a tenant, have the lease handy too. Rental income can support the overall picture, and the lender may want to know the lease term and rent.

Put your property details to work

Property security can open up the fastest options, and the details are quick to gather. The enquiry takes about 60 seconds, with no credit check at that point. Your information isn’t sprayed across lenders; one specialist looks at the property and your business and calls you. Accurate details — every owner, the approximate value and what’s owing — let us tell you on the first call what tomorrow could look like.

Use my property details to check →