Frequently Asked Questions

What is a Caveat Loan?
It is a very fast short-term loan secured against Real Property, which must be used wholly or predominately for business and investment purposes.
What type of security do you accept?
All short-term finance offered by Versara must be secured against Real Property. We will consider other forms of security on a case-by-case basis.
Do you accept only certain types of properties as security?
No. We consider all properties and land Australia wide regardless of construction, type or use. Residential, rural residential, acreage, commercial, industrial, and vacant land.
Is there a maximum LVR ratio?
Yes. The maximum LVR ratio we offer is 75%. LVR’s will be adjusted according to the type of security offered and where it is located.
What is your maximum loan amount?
We have no ceilings or caps however the loan amount offered is dependent on the amount of security provided by the borrower. Funding is generally secured up to a 75% LVR based on an independent valuation.
What is your minimum loan amount?
$25,000 Nett
Do you charge upfront application or establishment fees?
Are there any exit fees or early out penalties?
How long can I take a loan for?
Loan terms are 1 to 6 months. Caveat loans are designed for short term funding purposes however we can arrange variations to the loan if longer periods are necessary.
How long does it take to settle a loan?
Each scenario is reviewed on a case-by-case basis however if all necessary documentation is supplied in an accurate and timely manner, loans can settle within 3-4 days from receipt of valuation.
How do you fund the short-term loans?
All funding is secured through private investment.


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