What is Private Lending?

In this infobite, Funding’s National Partnerships Manager, Michelle Southern, outlines what Private Lending is and how it can help you and your clients seeking short-term loans.

In a nutshell, Private lending can offer you and your clients a simple application process, fast decisions,  quick access to funds and flexible payment terms.

Examples of scenarios Funding can look at as a Private Lender include:

• Asset lends where servicing is not evident but exit strategy is sale of an asset.
• Mature aged clients
• Self employed applicants with no trading requirement
• Non residents including all visa types
• Small developments and partially completed properties
• Vacant land and land banks
• Unlimited cash out for any worthwhile purpose
• Commercial purchases
• Bridging loans

Private Funding allows you to offer secured short term finance solutions to your clients at times when the banks have said no.

Brokers