Private Finance for an Urgent $4 Million Business Loan

It can, and we have done it. The land is real property, so it can be the security, but at our 70% limit a $4,000,000 loan needs land worth about $5.71 million. If you are paying $5,000,000, the land alone supports up to $3,500,000, and a second property can be added as additional security for the rest. Send the contract and the lender's withdrawal today. We decide in hours and can settle within 24 hours once terms are agreed.

• →$4 million land bank settled in 24 hours

About $3,200,000. Seventy percent of $6,000,000 is $4,200,000, and the bank's $1,000,000 counts toward that limit, which leaves up to $3,200,000 as a second mortgage, with rates from 11.95% p.a. To reach $4,000,000, the second centre's building can be added as security if you are buying the freehold, or another property can be. The security is always the building, never the childcare licence or the business.

They can. A valuer takes the leases into account, and two leases close to ending can lower the value. At $6,500,000, our 70% limit allows up to $4,550,000. If the value came in at $5,700,000 instead, the limit would be $3,990,000. Send us the lease schedule with expiry dates and any renewal talks under way. Our in-house valuation team assesses the property directly, and a signed renewal before we value it helps.

Yes, if the company or its directors own property worth about $5.71 million or more after existing debt. We lend against the property, not against the equipment, so the equipment finance is something the loan pays out, not something that secures it. The company receives the loan funds and pays the bank, the financier and the ATO. We need the payout figures from each and the plan to repay our loan, such as the sale of a property or a refinance once the overdraft is cleared.

• →Secured debt consolidation

The sale proceeds go toward repaying the loan. Seventy percent of the two properties together, $8,500,000, is $5,950,000, so a $4,000,000 bridging loan fits inside our limit. When the old factory sells for about $3,500,000, roughly $500,000 of the loan will still be owing, so the plan has to cover that too, such as a bank loan on the new factory or cash from the business. Show us both parts of that plan when you apply.

• →Bridging loans

Yes. The building is the only security we take. Seventy percent of $6,000,000 is $4,200,000, so a $4,000,000 loan fits, with rates from 9.7% p.a. on a first mortgage. The fit-out is what the loan pays for. The patient list and the practice are not security. We need a short plan showing how the loan is repaid, such as a bank loan once the second clinic is trading.

It can, where the sales evidence supports it. Finished apartments are residential property, so the unsold ones are security, and five exchanged contracts are part of the evidence for the exit. We will ask for the five contracts, the asking prices for the other seven and how long they have been listed. At our 70% limit, a $4,000,000 loan needs the security to be worth about $5.71 million in total after any debt on it.

• →Residual stock loans

Yes. Our terms start from one month, so a one or two month loan that repays the current lender and is itself repaid when the bank settles fits what we do. The bank's approval is the exit, so send us the approval letter, the current lender's payout figure and the property details today. Start now, so the payout and our settlement can be arranged inside the ten days.

It fits, exactly at the limit. Seventy percent of $10,000,000 is $7,000,000, and after the bank's $3,000,000, a second mortgage of up to $4,000,000 is inside our maximum. Second mortgage rates start from 11.95% p.a. Because the loan is right at the limit, any fall in the valuation reduces it: at a value of $9,500,000, the most would be $3,650,000. Have a second property in mind as additional security in case the valuation comes in lower.

• →Second mortgage finance

Yes. A second property can be added as additional security, and the 70% limit is tested across both. For example, a warehouse worth $4,000,000 with no debt supports $2,800,000, and a home worth $3,000,000 with $800,000 owing supports another $1,300,000, which gives about $4,100,000 in total. The company is the borrower, and your home is one of the properties that secures the loan. We set the rate once we have seen both properties.

For urgent cases with clean security and a clear exit strategy, we can settle within 24 to 72 hours. Contact our team early to begin the assessment process immediately.

Residential, commercial, industrial, retail, and development site properties are accepted. Cross-collateralised multi-property security is also available.

Not necessarily. As a private lender, we focus primarily on security value and exit viability. Complex structures and non-standard income arrangements are regularly considered.

Yes. Refinancing out of expensive or problematic private lending is a common use case at this loan size. We assess promptly and can move fast when timing is critical.

Yes, subject to the combined LVR across first and second mortgage positions remaining within acceptable limits based on the security type and location.

Rates from 9.7% p.a. with terms from 1 to 24 months. The specific rate depends on your LVR, security type, and exit clarity.

It is workable. We look through the structure to whoever stands behind the loan, and a director with defaults on file is not unusual on facilities this size. What we need is clean authority to borrow and to mortgage the property, the trust deed, and a security position inside 70% LVR. The structure itself is never the reason we decline.