Private Loan
Flexible short term lending primarily for company and trust borrowers to cash out, refinance or purchase commercial or residential property. Non-NCCP scenarios accepted.
- From
- 8.74%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Mid Doc Private Residential – Minimum Starting Rate for private loans. | 8.74% | — | — |
| Variable Quick Doc Private Residential – Minimum Starting Rate for private loans. | 8.99% | — | — |
| Variable Mid Doc Private Commercial – Minimum Starting Rate for private loans. | 9.24% | — | — |
| Variable Quick Doc Private Commercial – Minimum Starting Rate for private loans. | 9.49% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee Multiple establishment fee structure available, GST applicable in addition to rate %. | Upfront | 1.25% of balance |
| Legal Fee This fee covers legal services and varies depending on transaction complexity. | Upfront | Variable |
| Valuation Fee Valuation fees depend on property type and location. | Upfront | Variable |
| Title Insurance Title insurance may apply in certain cases. | Upfront | Variable |
| Settlement Fee A fixed settlement fee is charged when the loan is settled. | Upfront | $495.00 |
| Discharge Fee Covers the administrative process for full or partial discharge of security, plus any legal fees. | Exit | $1,000.00 |
Features
- Digital banking
- Digital access to customer portal to view and manage loans.
- Guarantor supported
- Guarantors permitted.
- Redraw facility
- Available for some variable rate loans, enabling access to extra or early payments made to an eligible loan.
- Offset account
- Available for variable rate loans, enabling access to extra or early payments made to an eligible loan. Offset facility running balance provided as part of loan statement.
- Extra repayments
- Extra or early repayments permitted for eligible variable rate loans.
Eligibility
- Business customers — Business including sole traders, partnerships, trusts and registered companies.
- Individuals only — Property investors and owner occupiers operating a business in the property.Non-NCCP purposes only.
- Minimum age — 18 yearsBorrowers must be 18 years or older.
- Loan must meet lending policy and criteria. — Subject to lending criteria.
Constraints
- Minimum limit — $100,000.00Loans start from $100K
- Maximum limit — $7,500,000.00Up to $7.5M, subject to approval
- LVRs and pricing vary by location — Postcode Rules
More Information
Published by Thinktank under the Consumer Data Right · Last updated 5 July 2026 · Product ID 7927442c-ed12-4706-9292-c9519853e168