Off-Market Deal? Urgent Short Term Finance for a Fast, Unconditional Exchange
Make an unconditional offer with confidence, and settle on the seller's timetable
Experts in strategic, short-term finance
Off-market sellers usually want certainty: no finance clause, a short settlement and a buyer who will not withdraw. A bank approval rarely arrives fast enough for that. We can confirm how much we will lend within hours and fund the purchase in as little as 24 hours, so your offer can be unconditional.
We fund off-market purchases of commercial, industrial and investment property across Australia for businesses and investors. We do not lend on a home you plan to live in.
What sellers ask of off-market buyers
- •An unconditional exchange with no finance clause
- •A shorter settlement than the standard contract period
- •A deposit paid on exchange
- •In some cases, a waived cooling-off period on residential property
- •A buyer who can show the funds are available before the seller commits
When off-market buyers call us
- •The agent has one buyer in mind and needs an answer before the property is listed
- •A liquidator or receiver is selling privately and has set the settlement date
- •Another buyer is ready with cash, and you need to match their terms
- •Your bank cannot commit before exchange without a finance clause
- •Your bank valuation came in below the agreed price
Unconditional offers and cooling-off
In NSW, a residential purchase normally comes with a 5 business day cooling-off period after exchange. A buyer can waive it with a section 66W certificate. In Victoria, cooling-off does not apply to property used mainly for commercial or industrial purposes, or where the buyer is a company. Speak to your solicitor before you waive any right. We value the property and confirm our terms before you exchange, so you can make an offer without a finance clause.
Steps from offer to settlement
Before you offer. Send us the property address, the price and the seller's terms. We tell you within hours how much we can lend.
Valuation. Our valuers inspect the property, ideally before contracts are exchanged.
Letter of offer. Accept the terms and we send the letter of offer the same day.
Settlement. Settlement can follow within 24 hours of a signed letter of offer, so the seller's date is usually achievable.
Information to have ready
- •The seller's terms: price, deposit and settlement date
- •The contract, once it is drawn up
- •Leases, if the property is tenanted
- •Details of any other property you own, if you need a larger loan
- •How you will repay us, such as a bank refinance or a sale
Which loans suit an off-market purchase
- •First mortgage: over the property being purchased
- •Second mortgage: over another property you own, for the deposit or a shortfall
- •Caveat loans: the quickest way to fund a deposit on exchange
- •Bridging loans: to buy now and repay when you sell another property
Off-market loan terms
| Loan feature | Detail |
|---|---|
| Loan size | $250,000 to $10,000,000 |
| Interest rate | From 9.7% p.a. (first mortgage), from 11.95% p.a. (second mortgage) |
| Term | 1 to 24 months, interest only |
| Maximum LVR | 70% of the lower of the assessed value and the purchase price |
| Security | A first mortgage over the property being purchased, and other property you own if needed |
| Settlement | From 24 hours |
After settlement
Most off-market buyers repay us by refinancing to a bank once there is time for its valuation and approval, often within a few months. Others repay from the sale of another property. We agree the plan before settlement, and the letter of offer sets out the early repayment terms.
Fast purchases we have funded
“Off-market deals are usually won by the buyer who can say yes without conditions. That buyer needs to know the funding is there before exchange, not after it. We assess the property and the repayment plan first, so the buyer can offer without a finance clause and settle on the seller's date.”
Gino Tabila
Associate Director
Frequently Asked Questions
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Are you a broker? Find out why brokers love working with us.
Case Studies
$400K Second Mortgage Repaid in Full After a Flexible Two-Month Extension
$1.8M First Mortgage Releases $980K of Working Capital for a Solar Business
$2.3M Second Mortgage Refinances an 18% Facility for a Glass Manufacturer
$800K Bridging Finance for Simultaneous Property Transactions in 48 Hours
$300K Second Mortgage for Dental Practice Working Capital in 5 Days
$700K Working Capital for a Technology Start-Up Settled in 72 Hours
$3M Working Capital for IT Business Expansion Settled in 2 Business Days
$1.9M Commercial Property Acquisition for Growing Doggy Daycare Business
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Are you a broker? Find out why brokers love working with us.
Other Urgent Loans We Fund
Each page covers one deadline: what we fund, what to send us and how quickly we can settle.