Question 1

What is private lending and how does it differ from traditional bank loans?

Accepted Answer

Private lending involves borrowing from private investors or specialized lending funds rather than traditional banks. The key differences include faster approval times (24-48 hours vs 4-6 weeks), more flexible criteria, asset-based decision making, and the ability to handle complex or unique situations that banks typically decline.

Question 2

What types of properties can be used as security for private loans?

Accepted Answer

We accept various property types including residential properties, commercial real estate, development sites, industrial properties, and even rural land. The key is having sufficient equity and clear title. We can also work with multiple properties as security for larger loan amounts.

Question 3

What are typical interest rates for private lending?

Accepted Answer

Private lending rates typically range from 7.5% to 12% depending on factors like loan-to-value ratio (LVR), security type, loan term, and borrower profile. While higher than traditional bank rates, the speed and flexibility often justify the premium for time-sensitive opportunities.

Question 4

How quickly can I get approved and settle?

Accepted Answer

Our streamlined process allows for approval within 24-48 hours and settlement within 1-2 weeks. For urgent situations, we can sometimes settle within 5-7 days. This speed is crucial for auction purchases, off-market opportunities, or development projects with tight deadlines.

Question 5

What documentation do I need for a private loan application?

Accepted Answer

Documentation requirements are much simpler than traditional banks. We typically need property valuations, proof of identity, evidence of security ownership, and basic financial information. Complex income verification and extensive bank statements are usually not required.

Question 6

Can I use private lending if I've been declined by banks?

Accepted Answer

Absolutely. Private lenders focus primarily on the security property rather than traditional lending criteria. We regularly help clients who have been declined by banks due to self-employment, credit issues, complex income structures, or unusual property types.

Question 7

What loan amounts are available through private lending?

Accepted Answer

We arrange private loans from $100,000 to $10M+ depending on security value and borrower requirements. For larger amounts, we can structure loans across multiple properties or bring together consortiums of private lenders.

Question 8

Are there any upfront fees for private lending?

Accepted Answer

Yes, private lending typically involves establishment fees of 1-2% of the loan amount, legal fees, and valuation costs. However, we're transparent about all costs upfront, and many clients find the speed and certainty worth the additional fees.

Question 9

Can I refinance a private loan back to a traditional lender later?

Accepted Answer

Yes, many clients use private lending as a short-term bridge solution. Once your situation stabilizes or the traditional lending environment improves, we can help you refinance back to a bank at lower rates. This strategy is common for developers and investors.

Question 10

What happens if I need to extend my private loan term?

Accepted Answer

Most private loans offer extension options, though rates may be reviewed. We work closely with our lending partners to accommodate borrower needs where possible. Early discussions about potential extensions are always recommended.

Question 11

Do you offer interest-only payment options?

Accepted Answer

Yes, many private loans offer interest-only payments, which is particularly useful for development projects, investment properties, or short-term bridging finance. This flexibility helps with cash flow management during the loan term.

Question 12

How do you ensure I'm getting competitive private lending rates?

Accepted Answer

We work with a panel of over 50 private lenders and institutional funds, allowing us to compare rates and terms to find the best option for your specific situation. Our relationships and volume often secure better rates than approaching lenders directly.

Private LendingSolutions

24-48 Hour

50+ Private

$100K - $10M+

Why Choose Private Lending?

Fast Approval & Settlement

Flexible Loan Terms

Asset-Based Lending

No Bank Red Tape

Competitive Rates

Specialist Expertise

Private vs Traditional Lending

Traditional Bank Limitations

Common Bank Challenges:

Private Lending Advantages

Private Lending Benefits:

When Private Lending Makes Sense

Time-Sensitive Deals

Complex Income

Unique Properties

Real Private Lending Success Stories

Property Developer Case Study

The Challenge

Private Lending Solution

Investment Property Purchase

The Challenge

Private Lending Solution

Our Streamlined Process

Quick Assessment

Fast Approval

Rapid Settlement

Frequently Asked Questions

Ready to Secure Fast Funding?