Updated September 28, 2026 · BorrowCue Editorial Team
HomeSec Business Finance vs Optimise
Where HomeSec Business Finance and Optimise differ
| Compare |  HomeSec Business Finance |  Optimise |
|---|---|---|
| Loan amount | A$20,000 to A$5,000,000 | £10,000 to £500,000 |
| Term | from 1 month | 36 to 360 months |
| Funding time | As little as 24 hours | Funds typically released within two weeks |
| Lender type | Direct lender | Broker |
| Eligibility | No minimum trading period; secured by real estate, max 80% LVR residential and 70% commercial; business purpose only; every owner on the title signs | Homeowners (mortgaged or own outright); employed, self-employed, retired or benefits-based incomes; all credit scores considered |
| Loan types | Business, Secured, Bridging, Debt consolidation | Secured, Personal, Debt consolidation, Business, BridgingCovers more |
| APR | Not confirmed | 9.49% to 12.6% |
| Arrangement fee | Not confirmed | No upfront fees; broker fee added on completion (up to 12.5% of secured loan) |
| Credit check | Not confirmed | Soft prequal |
| Representative example | Not confirmed | Borrow 30,000 over 180 months at 9.25% fixed for 5 years then 9.75% variable; 12.6% APRC, total payable 64,878.60 incl. broker fee 3,750 and lender fee 600 |
| Rate type | Not confirmed | Variable |
| Free early repayment | Yes | Not confirmed |
| Origination fee (%) | Not confirmed | 0% to 12.5% |
| Use cases | Not confirmed | Home improvement |
Same on both: Credit needed (Poor).
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Key differences
- HomeSec Business Finance scores higher overall: 9.1 vs 9.0.
- Founded is lower at HomeSec Business Finance: 2004 vs 2009.
- Support channels: only HomeSec Business Finance offers Help centre.
- Support channels: only Optimise offers Email.
- Loan types: only Optimise offers Personal.
Our verdict on each
HomeSec Business Finance
HomeSec Business Finance is an Australian lender for businesses that need larger finance against real estate and can wait out a full assessment. Borrowing runs AUD 20,000 to AUD 5,000,000, secured at 70% to 80%, and free early repayment means you can clear the debt early without an exit fee.
Optimise
Optimise is a UK broker for property-backed lending, built for homeowners whether mortgaged or owning outright, and for borrowers with a poorer credit history. Borrowing of £10,000 to £500,000 is available at 9.49% to 12.6% APR, with terms of 36 to 360, though a broker fee of 0% to 12.5% can be added on completion.
Score breakdown
| Area | HomeSec Business Finance | Optimise |
|---|---|---|
| Cost | 9.2 | 9.2 |
| Offer | 8.8Borrowing of AUD 20,000 to AUD 5,000,000 secured on property, with As little as 24 hours funding and free early repayment. | 9.3HigherOffer strength comes from a secured loan with soft prequalification at soft prequal, so property carries the risk instead of a hard credit check. |
| Trust | 9.1Higher | 8.6 |
Ranges side by side
| Fact | HomeSec Business Finance | Optimise |
|---|---|---|
| Term | from 1 month | 36 to 360 months |
How they place
| Ranking | HomeSec Business Finance | Optimise |
|---|---|---|
| Loans for bad credit | 124 of 275 | 145 of 275 |
| Debt consolidation loans | 193 of 425 | 239 of 425 |
| Secured loans | 162 of 472 | 204 of 472 |
| Mortgages | 198 of 719 | 248 of 719 |
| Business loans | 136 of 435 | 164 of 435 |
| Equity release | 9 of 32 | 13 of 32 |
Choosing between them
Pick HomeSec Business Finance if trust matter most.
Pick Optimise if offer and loan types matter most.
Where these facts come from
HomeSec Business Finance
- homesec.com.au: 12 facts, checked September 26, 2026
Optimise
- optimisefinance.co.uk: 19 facts, checked September 26, 2026
Every fact side by side
| Fact | HomeSec Business Finance | Optimise |
|---|---|---|
| Pricing model | Not confirmed | Fixed rate |
| Legal entity | HomeSec Business Finance Pty Ltd | Optimise Finance |
| Headquarters | Australia | United Kingdom |
| Founded | 2004Lower | 2009 |
| Support channels | Phone, Help centre | Email, Phone |
Mortgages
| Fact | HomeSec Business Finance | Optimise |
|---|---|---|
| Initial rate | Not confirmed | 6.59% to 26.3% |
| APRC | Not confirmed | 12.6% |
| Fixed period | Not confirmed | 5 years |
| Maximum loan to value | 70% to 80% | Not confirmed |
| Product fee | Not confirmed | £3,750 |
| Purpose | Equity release, Home equity | Purchase, Remortgage, First time buyer, Buy to let, Equity release |
Where each stands against the rest
| Fact | HomeSec Business Finance | Optimise | Median |
|---|---|---|---|
| APR | Not confirmed | 9.49% to 12.6%above the median | 8.99 |
| Term | from 1 monthlowest quarter | 36 to 360 monthshighest quarter | 60 |
| Origination fee (%) | Not confirmed | 0% to 12.5%below the median | 0.25 |
Median across 1005 listed lenders.
Pros and cons
HomeSec Business Finance
Pros
- Lending of AUD 20,000 to AUD 5,000,000 covers far more than the site median of €876.96.
- Free early repayment, so clearing the facility early costs nothing extra.
- Funding in As little as 24 hours once the security is in place.
Cons
- Every owner on the title has to sign, so one reluctant co owner can stall a deal.
- Security is capped at 70% to 80%, lower than the site median of 90%.
- Help runs through phone and help centre, so there is no online chat for quick questions.
Optimise
Pros
- Loans of £10,000 to £500,000 at 9.49% to 12.6% APR, with terms running 36 to 360.
- A fixed rate for 5 before the pricing changes, which suits planned work.
- Every credit score is considered, and the credit profile that fits is poor, so a thinner file is still workable.
Cons
- A broker fee of 0% to 12.5% is added on completion, so the total cost sits above the quoted rate alone.
- The eligibility criteria cover property owners, mortgaged or outright, which narrows the pool of applicants considerably.
- Money moves slowly: Funds typically released within two weeks, so this is no route to funds in the same week.
Who each suits
HomeSec Business Finance
Who it suits
- Businesses needing a sum well beyond typical business loan sizes.
- Established or new trading businesses, as there is no minimum trading period.
- Owner operators with property to offer as security and a clear business purpose.
Who should look elsewhere
- Cashspace suits much smaller sums, topping out at PHP 500 to PHP 25,000.
- Creduma ES starts at from €12,000, so it may suit those borrowing a smaller amount.
- Sofkredit lends €12,000 to €300,000, a different market and scale to plan around.
Optimise
Who it suits
- Homeowners with a mortgage or a home owned outright, funding home improvement work.
- Borrowers whose credit profile is poor, since all credit scores are considered.
- Employed, self-employed, retired and benefits-based earners in the UK.
Who should look elsewhere
- Renters and first-time buyers with nothing to pledge: eligibility is limited to homeowners who are mortgaged or own outright.
- Borrowers chasing a quick fix, because Funds typically released within two weeks sets the wait.
- Readers who want a lender's own rate table: Monzo Flex publishes 10% to 23% directly, an easy side by side check.
Country by country
| Country | HomeSec Business Finance | Optimise |
|---|---|---|
| Australia | Yes | No |
| United Kingdom | No | Yes |
Questions about each
HomeSec Business Finance
How much can I borrow?+
Borrowing runs AUD 20,000 to AUD 5,000,000, which sits well above the site median of €876.96. That scale suits a business buying equipment, funding a property purchase or refinancing existing business debt in one facility. Every drawdown is secured on real estate, so the amount is tied to the property you pledge.
What security do I need?+
The facility is secured by real estate, with a maximum loan to value of 70% to 80%. That cap is below the site median of 90%, so expect to keep a slice of equity in the property. All owners on the title must sign the security, which is the point most applications turn on.
Optimise
What rate will I pay, and what does the APR include?+
Advertised rates run 9.49% to 12.6% APR, and the worked example is shown at 12.6% APRC. The APRC is the figure that folds in the broker and lender fees, so it is the better number to compare, while the rate itself is what drives the monthly payment.
Is there an arrangement fee or upfront charge?+
There are no upfront fees. What you pay is a broker fee added on completion of 0% to 12.5%, plus lender fees, and the homeowner loans page quotes a product fee of £3,750. The cost does not appear in your first payment, so the completion stage is where it lands.