Urgent Short Term Loans to Buy or Refinance a Caravan Park

Settle on the park or refinance it on time, then move to long-term finance

Experts in strategic, short-term finance

Rated 5 out of 5Jason V

Hands down, the best private lenders in the biz
Gino, Alec and Finn are exceptional at what they do. Top tier communication and transparent service.

Rated 5 out of 5Rhowell Dela Rosa

Every settlement has been smooth
Gino and the team at Secured Lending are our go-to when a deal needs to move fast or fall outside bank criteria.

Rated 5 out of 5Rory Mcgrath

Always my top choice for nearly all private lending scenarios
I run and operate a private lending brokerage and have worked with Mark and the team for years.

Rated 5 out of 5Luke Egan

Speed to market on lending advances second to none
The owner is also one of best commentators on LinkedIn calling out poor lending and recovery practices.

Rated 5 out of 5amal maharaj

True professionals in the non bank lending space
Straight forward application and assessment process with clear communication till loan settlement.

Rated 5 out of 5Sam Algeri

Excellent service, quick approvals and seamless settlements
The team at Secured Lending, particularly Gino and Finn, are fantastic to work with.

Rated 5 out of 5sebastian wright

Speed, reliability, transparency
Exceptional team. Exceptional Service. Loved working with the team at Secured Lending.

Rated 5 out of 5Jordan Thomas

Gino & Finn are the best in the business
Quick and painless to deal with, keep up the great work SL team!

Rated 5 out of 5Wayne McCarthy

Always willing to think outside the box to get deals done
We've had a great experience working with Secured Lending.

Rated 5 out of 5JP G

Quick, responsive and reasonable
With all the shady characters in the private lending market, its refreshing to find good people to deal with.

Rated 5 out of 5Joel Togo

Always thorough on assessment and will give you a prompt answer
With clients that are in time sensitive situations, this is crucial.

Rated 5 out of 5David Pruscino

Always professional and supportive
It's a pleasure dealing with the Secured team.

Rated 5 out of 5Monica Monsigneur

A professional and common sense lender who delivers

Rated 5 out of 5Thomas de Fegely

Great options in the private space
Have been dealing with Finn from Secured Lending, he has been very responsive.

Rated 5 out of 5Andrew Soo

A very reliable funding partner
Highly recommended.

Rated 5 out of 5Phil Boyle

Very efficient, responsive
Finn was a great help to assist in a very timely manner.

Finance within

24 hours

Loans from

$250k to $10M

Rates from

9.7% p.a.

Terms

1 to 24 months

Caravan and holiday parks combine land, cabins, sites and long-term residents, and banks can take longer to assess them than a settlement date allows. When a purchase has a settlement date or a loan is due for renewal, we can fund it in as little as 24 hours.

We lend to operators and investors buying or refinancing caravan parks, holiday parks and residential land lease communities across Australia. We lend on the park land and the buildings fixed to it. Homes owned by residents are not part of the security.

What makes park lending specialised

•Parks are valued on a going-concern basis, using the site and cabin income
•In a land lease community, residents own their homes and lease the land they sit on
•Income is often seasonal, particularly in holiday parks
•Regional parks can fall outside some banks' lending areas

When park buyers and owners call us

•A park purchase has a settlement date the bank cannot meet
•The bank will not renew the existing park loan
•New cabins are needed before the holiday season
•A co-owner wants to be paid out
•Part of the land could be sold, and you need time to sell it

Changing operator in NSW

NSW Fair Trading says new operators of residential land lease communities must complete a mandatory education briefing within 30 days of being recorded in the register, and a change of operator must be notified within 30 days. Other states have their own rules for parks with long-term residents, and your solicitor can confirm them.

Funding a park

Park details. Send the contract or loan details, the site and cabin income, and the number of long-term residents. Indicative terms can be back within hours.
Valuation. Our valuers inspect the park and review its income, leaving residents' homes out.
Operator change. Your solicitor confirms the steps for registering the new operator, and you sign the letter of offer.
Settlement. A signed letter of offer lets us settle within 24 hours.

Park records to send

•The purchase contract, or the latest statement for the existing loan
•Site and cabin income for the last two or three years
•The number of long-term residents and their agreements
•Any council approvals or licences for the park
•Your repayment plan

Which loans suit a park

•First mortgage: over the park land and its buildings
•Bridging loans: for a purchase a bank will refinance later
•Second mortgage: over a second property you own, to lift the loan amount
•Secured business loans: a lump sum at settlement for new cabins

What a park loan looks like

Loan feature	Detail
Loan size	$250,000 to $10,000,000
Interest rate	From 9.7% p.a. on a first mortgage, from 11.95% p.a. on a second mortgage
Term	1 to 24 months, interest only
Maximum LVR	70% of the lower of the assessed value and the price, or of the assessed value on a refinance, leaving out homes owned by residents
Security	A first or second mortgage over the park land and its buildings. Never homes owned by residents
Settlement	From 24 hours

Repaying a park loan

Park loans are usually repaid by a bank refinance once a purchase has settled and the park has traded under its new owner, or by selling part of the land where the zoning allows.

“We value the park land and the operator's own buildings, and leave homes owned by residents out of the valuation. We then look at the park's income across a full year and how the loan will be repaid. Send us two or three years of site and cabin income, and we can tell you quickly what the park supports.”

Gino Tabila

Associate Director

Frequently Asked Questions

No. In a land lease community, residents own their homes and lease the land. Their homes are not the operator's property, so we leave them out of the valuation and the security.

In NSW, a change of operator must be notified to NSW Fair Trading within 30 days, and a new operator must complete a mandatory education briefing within 30 days of being registered. Other states have their own rules, and your solicitor can confirm them.

Yes. New cabins can be bought with the loan as a lump sum at settlement, within 70% of the park's value. We do not fund building works drawn in stages.

No. We look at the park's income across a full year and at your repayment plan. How the income is spread across the year affects the valuation, which is why we ask for two or three years of figures.

Yes, where the zoning allows it and the sale is realistic within the loan term. We will want to see the planning controls and an estimate of the land's value.

Yes. We can pay out your current lender, based on its payout figure, and give you time to arrange a long-term loan or sell. The loan must stay within 70% of the park's value.

Some park purchases can settle on the same day, depending on your scenario. Regional parks can take longer to value, so book our valuer's inspection as early as you can.

Yes. Park operators and other tourism businesses often need cash between seasons for staff, maintenance and booking systems, and we lend for that working capital as well as for parks.