$3M Working Capital for IT Business Expansion Settled in 2 Business Days
- •Loan Amount: $3,000,000
- •Enquiry to Settlement: 2 business days
- •Location: Cronulla, NSW
- •Use of Funds: Working capital to support expansion of an IT business
- •Loan Product Type: First Mortgage
The Scenario
An established IT business required urgent access to capital to support the next stage of growth and expansion.
The business had identified several strategic opportunities that required immediate funding. These were time-sensitive — the kind of growth decisions where delay means the window closes or a competitor moves first. The borrower understood exactly what needed to happen and needed a lender that could match that understanding with speed.
Traditional lenders were unable to accommodate the required timeframe. The standard bank credit process, regardless of the strength of the underlying security, was simply not structured to move at the pace the situation demanded.
The borrower held a residential property in Cronulla as security. Secured Lending moved quickly to assess the asset, worked closely with the borrower and broker, and structured a straightforward first mortgage solution tailored to the business's immediate funding requirements.
No complexity where none was needed. No delays where speed was the point.
The Outcome
- •Indicative terms issued within 2 hours of enquiry
- •Fast-tracked due diligence and approval process
- •Loan documents issued immediately upon approval
- •Settlement completed within 2 business days
- •Borrower secured immediate access to $3 million in working capital
- •Business expansion initiatives proceeded without delay
The Case for Private Lending in Business Growth
Business growth rarely waits for a bank's credit cycle. Contracts are won and lost, opportunities emerge and close, and the cost of delay is often far higher than the cost of short-term private finance.
For an established business with genuine equity and a clear purpose for the funds, a first mortgage from a private lender is a clean, fast, and appropriate solution. The borrower here was not looking for a long-term facility — they were looking for capital now, secured against an asset they owned, to execute on an opportunity that was time-bound.
Secured Lending lends its own funds and makes its own credit decisions. That means no committees, no third-party delays, and no re-requests for information that has already been provided. For businesses that move quickly, that matters.
If you have an expansion or growth opportunity that requires fast capital, contact our team to discuss your scenario.
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
