Caveat Mortgage Helps Self-Employed Borrower Seize a Business Opportunity

When a self-employed borrower with overseas income was unable to access traditional funding, Mango Credit offered a transparent and flexible caveat mortgage, enabling the client to seize a timely business opportunity.

Despite the borrower’s non-standard financial profile, we assessed the situation holistically and moved forward with a loan that mainstream lenders wouldn’t consider.

The result was fast access to funds, backed by a clear explanation of risks, mandatory legal advice, and long-term support when the original loan term couldn’t be met.

Why this loan was suitable

With no access to conventional credit due to being self-employed and earning offshore, the client needed a lender who could look beyond standard banking criteria.

A caveat loan from Mango Credit provided the short-term capital required, secured against property and structured to align with the borrower’s business needs.

Transparency was built into every step. The client was required to seek independent legal advice to ensure full understanding of the loan terms and associated risks, which they described as ‘substantial’.

Even when the repayment deadline couldn’t be met, Mango Credit extended the loan by 12 months, offering flexibility without penalty.

You can also check: Mango Credit Reviews for Caveat Mortgage

Key features of the loan

• Access Despite Offshore Income: We considered a non-traditional income stream and approved funding that others would reject.
• Mandatory Legal Advice: Independent legal counsel was required before settlement, ensuring the borrower was fully informed.
• Flexible Extension: When the loan term couldn’t be met, it was extended for another year, which helped the client meet their obligations.
• Direct and Personal Support: We remained closely involved and offered professional guidance throughout.

What it meant for the client

This funding gave the client the ability to act when a business opportunity arose, despite facing significant lending challenges.

The structured yet flexible approach meant they could proceed with confidence, knowing the terms were transparent and support would continue if circumstances changed.

What this case demonstrates

Caveat loans can serve as a lifeline for borrowers with complex or non-standard financial backgrounds.

In this case, Mango Credit’s ethical approach, personalised support, and willingness to go beyond conventional lending opened the door to opportunity and ensured the client had the tools and time to follow through.

Need funding but don’t fit the bank’s criteria? Explore your options with Mango Credit today. Contact us.