What is a Private Loan?
Private Loans Melbourne
Funds from non‑bank private lenders or investors. Secured against residential, commercial or business assets. Often short–to–medium term.
Fast Approvals (24–72h) Flexible Credit Policies Equity‑Based
Home Loans (Owner‑Occ & Investment)
- Uses: refinance, debt consolidation, bridging, cash‑out.
- Income – Full‑Doc: payslips, tax returns, financials.
- Income – Lo‑Doc (popular): borrower self‑declaration + accountant letter.
Business Loans
- Uses: working capital, expansion, paying ATO/suppliers, marketing.
- Full‑Doc: company financials & tax returns.
- Lo‑Doc: BAS summaries and/or accountant letter + declaration.
Asset Finance
- Uses: vehicles, machinery, fit‑out, tech/equipment.
- Full‑Doc: financials, serviceability test.
- Lo‑Doc: declaration + accountant support; asset emphasis.
✔ Pros
- Rapid access to funds; tailored structures.
- Common‑sense underwriting for unique scenarios.
- Can proceed where banks decline or delay.
✖ Cons
- Higher interest rates & establishment fees.
- Shorter terms (typically 6–36 months).
- Requires sufficient equity/security.
Examples
- Self‑employed builder refinances to access equity before lodging tax returns.
- Café owner secures funds against home to buy new kitchen equipment.
- Investor leverages equity to acquire a delivery van for side business.
Caveat Loans Melbourne
Short‑term finance secured by lodging a caveat on your property title. Unlocks equity quickly without a full refinance.
Home Loans (Bridging / Refinance)
- Uses: secure a new purchase before sale, urgent repairs, rates/strata arrears.
- Income – Full‑Doc: standard financials.
- Income – Lo‑Doc: self‑declaration + accountant letter.
Business Loans
- Uses: cover ATO liabilities, supplier payments, payroll timing gaps.
- Full‑Doc: financial statements where available.
- Lo‑Doc: income declaration + BAS snapshots/accountant letter.
Asset Finance
- Uses: urgent equipment/vehicle purchases; stock buy‑ins.
- Full‑Doc: standard serviceability.
- Lo‑Doc: declaration + asset‑backed view.
✔ Pros
- Very fast settlements (often 24–48 hours).
- Minimal documentation; equity‑driven.
- Avoids disrupting existing home/INV loans in the short term.
✖ Cons
- Higher pricing & fees than standard lending.
- Strictly short‑term; clear exit strategy required.
- Not suitable without adequate equity.
Examples
- Homeowner taps equity to secure a second property before sale completes.
- Retailer bridges a seasonal cashflow dip to pay suppliers/ATO.
- Transport firm purchases a truck urgently to win a contract.
What is an Unregulated Loan?
Unregulated Loans (Business/Investment Purpose)
Loans not governed by the NCCP Act because the predominant purpose is business or investment. Offers maximum structuring flexibility—fewer consumer protections.
NCCP-Exempt Complex Deals Welcome Tailored Structures
Home/Property (Investment‑Purpose only)
- Uses: purchase/refinance of investment property; JV cash‑out.
- Full‑Doc: full financials & tax returns.
- Lo‑Doc: accountant letter + income declaration; may consider lease/rent evidence.
Business Loans
- Uses: acquisitions, expansions, development funding, working capital.
- Full‑Doc: company financials, tax portals, bank statements.
- Lo‑Doc: declaration, accountant support, alternative verifications.
Asset Finance
- Uses: high‑value machinery, fleet, plant & equipment.
- Full‑Doc: serviceability tested against earnings.
- Lo‑Doc: asset‑centric approach + declaration & accountant letter.
✔ Pros
- Maximum flexibility in purpose, structure, and security.
- Suited to complex or time‑sensitive opportunities.
- Can accommodate non‑traditional income.
✖ Cons
- Not covered by consumer protections (NCCP).
- Pricing & legal costs can be higher.
- Clear business/investment purpose must be demonstrated.
Examples
- Developer funds early site works ahead of bank construction finance.
- Company purchases a warehouse using non‑bank lending.
- Investor refinances multiple assets to participate in a JV.
Choosing an Option
Which loan fits best?
- Need speed & flexibility? Consider Private Loans.
- Short‑term cash using equity? Consider Caveat Loans.
- Business/investment deal with complexity? Consider Unregulated Loans.
Tip: We’ll map a clear Exit Strategy (e.g., sale, refinance, seasonal cashflow) before proceeding.
Documents
Full‑Doc vs Lo‑Doc (at a glance)
- Full‑Doc: payslips, tax returns, financial statements, serviceability tests.
- Lo‑Doc: borrower income self‑declaration + Accountant Letter; often BAS/ABN age may be considered.
Availability, LVRs and pricing vary by lender, security, and borrower profile. We’ll advise the most suitable path.
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Book a free 15‑minute discovery call
Get tailored options and indicative pricing today. No obligation.
Melbourne Home Loans Financial
Broker/Entity: Melbourne Home Loans Financial ABN 96629449663
Australian Credit Representative Number: 513050 & 513051
Address: 117/530 Little Collins Street, Melbourne VIC 3000
Phone: 1800 300 777
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