Updated September 28, 2026 · BorrowCue Editorial Team
HomeSec Business Finance vs S-Pankki
Where HomeSec Business Finance and S-Pankki differ
| Compare |  HomeSec Business Finance |  S-Pankki |
|---|---|---|
| Loan amount | A$20,000 to A$5,000,000 | €5,000 to €50,000 |
| Term | from 1 month | 12 to 144 months |
| Funding time | As little as 24 hours | Paid to the account given in the application after signing the loan agreement; customers report it on the same day |
| 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 | S-Laina: at least 21 years old, Finnish personal identity code, permanently resident in Finland, regular gross income of at least 1 200 EUR per month, no registered payment defaults, existing S-Pankki customer with an S-Tili account |
| Loan types | Business, Secured, Bridging, Debt consolidation | Personal |
| Credit needed | Poor | Fair |
| APR | Not confirmed | 25.005% |
| Arrangement fee | Not confirmed | 0 EUR |
| Credit check | Not confirmed | Hard |
| Representative example | Not confirmed | S-Laina of 5 000 EUR over 12 months at the highest possible rate: monthly payment 469.24 EUR, 5 630.88 EUR paid in total |
| Rate type | Not confirmed | Variable |
| Use cases | Not confirmed | Home improvement |
Same on both: Lender type (Direct lender), Free early repayment (Yes).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- HomeSec Business Finance scores higher overall: 9.1 vs 9.0.
- Founded is lower at HomeSec Business Finance: 2004 vs 2006 to 2007.
- Loan types: only HomeSec Business Finance offers Business, Secured, Bridging.
- Loan types: only S-Pankki 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.
S-Pankki
S-Pankki suits a Finnish borrower who wants to stretch a mortgage against as much of a property's value as possible and holds an account there. The trade-off is price: the mortgage starts at 3.6%, while the personal loan carries an APR of 25.005%.
Score breakdown
| Area | HomeSec Business Finance | S-Pankki |
|---|---|---|
| Cost | 9.2Higher | 9.1Origination fee is 0 EUR and early repayment is free, but the S-Laina APR of 25.005% is high. |
| 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. | 9.1HigherA fixed stretch of 5 to 10 and a maximum loan to value of 95% suit buyers with limited deposits. |
| Trust | 9.1Higher | 8.9 |
Feature by feature
| Loan types | HomeSec Business Finance | S-Pankki |
|---|---|---|
| Personal | No | Yes |
| Debt consolidation | Yes | No |
| Secured | Yes | No |
| Business | Yes | No |
| Bridging | Yes | No |
Where each is licensed and available
| Country | HomeSec Business Finance | S-Pankki |
|---|---|---|
| Finland | Not confirmed |
Additional countries for HomeSec Business Finance: 1. Additional countries for S-Pankki: 1.
Where these facts come from
HomeSec Business Finance
- homesec.com.au: 12 facts, checked September 26, 2026
S-Pankki
- s-pankki.fi: 18 facts, checked September 26, 2026
- fi.wikipedia.org: 1 fact, checked September 26, 2026
How they place
| Ranking | HomeSec Business Finance | S-Pankki |
|---|---|---|
| Loans for bad credit | 124 of 275 | 151 of 275 |
| Mortgages | 198 of 719 | 262 of 719 |
| Equity release | 9 of 32 | 14 of 32 |
Every fact side by side
| Fact | HomeSec Business Finance | S-Pankki |
|---|---|---|
| Features | Not confirmed | Credit line |
| Legal entity | HomeSec Business Finance Pty Ltd | S-Pankki Oyj |
| Headquarters | Australia | Finland |
| Founded | 2004Lower | 2006 to 2007 |
| Support channels | Phone, Help centre | Phone, Help centre |
Mortgages
| Fact | HomeSec Business Finance | S-Pankki |
|---|---|---|
| Initial rate | Not confirmed | 3.6% |
| APRC | Not confirmed | 3.8% |
| Fixed period | Not confirmed | 5 to 10 years |
| Maximum loan to value | 70% to 80% | 95%Higher |
| Product fee | Not confirmed | €300 |
| 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 | S-Pankki | Median |
|---|---|---|---|
| APR | Not confirmed | 25.005%highest quarter | 8.99% |
| Term | from 1 monthlowest quarter | 12 to 144 monthshighest quarter | 60 |
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.
S-Pankki
Pros
- A maximum loan to value of 95% lets a buyer stretch closer to the full value of the property.
- The mortgage initial rate of 3.6% sits well below Sofkredit's 8% to 14%.
- The rate is fixed for 5 to 10, so the monthly payment is known in advance.
Cons
- The S-Laina APR reaches 25.005% at the top of the range, and the representative example shows a total repaid well above the amount borrowed, so a slow repayment costs a lot of rate.
- The S-Laina rate is variable, so the payment can rise when the base rate moves and there is no fixed period to hold it steady.
- The credit search is hard, and only 20.4% of lenders on the site rely on a soft prequalification instead.
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.
S-Pankki
Who it suits
- A buyer with limited savings, since the maximum loan to value of 95% is what makes a small deposit workable.
- An existing S-Pankki customer: the S-Laina asks for an S-Tili account, a Finnish personal identity code, permanent residence in Finland and no registered payment defaults.
- A borrower who wants the rate held at 3.6% for 5 to 10 and then chooses again.
Who should look elsewhere
- Not for a reader shopping on the lowest headline rate: Prestalo lists 2.36% and Creditilia ES lists 4%, both under S-Pankki's 3.6%.
- Not for someone who needs a larger unsecured loan than the S-Laina amount of €5,000 to €50,000, or a lighter touch than a hard search.
- Not for a rate comparison that treats a wide range as more choice: Sofkredit's 8% to 14% sits far above S-Pankki's 3.6%, so that is the costlier direction to move in.
Current offers
S-Pankki
Current offer
Bonus
Mortgage without delivery fee: 0 EUR delivery fee (normally at least 300 EUR)
Valid for new mortgage applications made 14.9.-31.10.2026: first-home buyers, home movers and mortgage transfers to S-Pankki
Source, checked September 26, 2026
Country by country
| Country | HomeSec Business Finance | S-Pankki |
|---|---|---|
| Australia | Yes | No |
| Finland | 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.
S-Pankki
How much does a S-Laina cost to borrow?+
The quoted APR is 25.005%, which is the rate at the top of the range rather than the everyday price. The representative example shows the smallest loan over the shortest term paid at that highest rate, so the total repaid comes to clearly more than the amount borrowed. The origination fee is 0 EUR, so arranging the loan adds nothing to the first payment.
What does the mortgage cost in fees?+
The mortgage carries a product fee of €300, so unlike the S-Laina, where the origination fee is 0 EUR, taking out a home loan is not free to arrange. The annual percentage rate on the mortgage is 3.8%, which spreads the cost of borrowing over the fixed period rather than showing the headline rate alone.