Private funds
If you need short-term finance for any worthwhile purpose, private finds may be a suitable solution.
You might choose private funds because you are unable to get finance from the banks or because you need a quick, minimum-fuss option.
How much can I borrow?
As long as you have an exit strategy in place, we can lend up to 70%* Loan to value ratio, with terms up to 12 months. Best of all we can give you an answer generally the same day and you can settle within 7 days. We will take security with a first or second registered mortgage over your home, investment property or commercial property.
What exit strategies are accepted?
As long as you have an exit strategy in place, we can lend up to 70%* Loan to value ratio, with terms up to 12 months. Best of all we can give you an answer generally the same day and you can settle within 7 days. We will take security with a first or second registered mortgage over your home, investment property or commercial property.
What exit strategies are accepted?
An acceptable exit strategy may be a refinance of your property, a sale of your property or sale of another asset that will clear the debt within the term of the loan
Terms and conditions apply and a valuation may be requested depending on the loan application.
Applicable loans
PRIVATE FUNDS
Interest rate
from 10.99%
Comparison rate
N/A%
Loan type
Variable
Max LVR
70%
Application fee
2% of Loan amount
Private funds availiable to Corporate borrowers for business use, development & construction, short term Cash flow purposes
Bridging finance availiable to consumer borrowers maximum 12 months
Steps to your Private funds
1. Am I eligible for a loan?
- If you have equity in a property and you can clearly demonstrate an exit strategy or serviceability for the loan term, you may qualify.
- Not currently bankrupt – will consider to payout a bankruptcy in the transaction.
- Credit scoring does not apply
- Residential or commercial security required. (Postcode restrictions may apply)
- Purchases and Refinances OK
2. How much can I borrow?
Everyone’s situation is different. Our specialist finance consultant can tailor a package that suits you for private funds loans. Contact us today to find out more.
3. Book a consultation or apply online
Call us on Freecall 1800 000 800 for a no obligation chat or, if you’re ready to apply get started now.