Private Lending: Less Paperwork, More Control
Are you looking for fast business or commercial funding and don’t meet standard bank criteria?
If so – private lending may be the option for you.
Less paperwork:
With private lenders, the approval process is streamlined without the standard documentation required by banks.
Fast Track using existing property as collateral:
Approval and lending become swift when you have an existing property asset as collateral. Enjoy faster access to funds, often within a few business days.
Flexibility in Loan Terms:
Private loans put you in the driver’s seat. Unlike banks with rigid criteria, negotiate terms and loan periods to suit your needs, offering flexibility when you need it most.
Private Lenders: Your Financial Allies:
Whether you’re a real estate investor, developer or need extra cash for business costs, private lenders can allow fast and easy access to funds when you need them most. Chat to us at Sprint Finance today to see how we can help.
Case Study 1: ATO Debts - Covering Cash Flow
Background:
An entrepreneur started a new business and needed funds to purchase a home concurrently.
Challenge:
Traditional banks were hesitant to approve a mortgage due to the entrepreneur’s newly established business, creating a barrier to home ownership.
Solution:
Sprint Finance provided a private lending solution, leveraging the entrepreneur’s business plan and potential for success. The collateralization of existing assets facilitated a swift approval process.
Result:
The entrepreneur successfully acquired a home, concurrently launching the new business. Private lending not only supported the home purchase but also provided the flexibility needed to navigate the challenges of starting a new business.
Case Study 2: Construction Funding - Completed Projects
Background:
A property developer had several partially completed construction projects and needed funding to bring them to completion.
Challenge:
Traditional banks were hesitant to provide the required funding for projects already in progress, creating a funding gap.
Solution:
Sprint Finance facilitated construction funding by leveraging the developer’s existing property assets as collateral. This allowed for a tailored private lending solution to complete the projects.
Result:
The developer successfully finished the construction projects on time. The use of private lending not only filled the funding gap but also enabled the developer to explore additional opportunities without the restrictions imposed by traditional
lenders.
Case Study 3: Private Lending - Home Purchase with a New Business
Background:
An entrepreneur started a new business and needed funds to purchase a home concurrently.
Challenge:
Traditional banks were hesitant to approve a mortgage due to the entrepreneur’s newly established business, creating a barrier to home ownership.
Solution:
Sprint Finance provided a private lending solution, leveraging the entrepreneur’s business plan and potential for success. The collateralization of existing assets facilitated a swift approval process.
Result:
The entrepreneur successfully acquired a home, concurrently launching the new business. Private lending not only supported the home purchase but also provided the flexibility needed to navigate the challenges of starting a new business.
Feel free to customise these case studies based on your specific preferences and details you want to highlight.
Our process
Talk to a Private Mortgage Finance specialist.
Why choose us?
Our customer reviews
Nathan Massie has sorted and refinanced 2 loans for us over the last 6 years. He is easy to talk with and works for the customer – us – to get the best deal for us that he can. He has always answered all our questions (no matter how small they are or how silly we think they may be) with much patience! Thanks Nathan Massie.
Gaile Warburton
Thanks for the “Sprint” to the end kinda service. I am impressed, humbled and extremely grateful with all the help I have received. Thank you
Denna-Marie Wairau
Special thanks for Nathan Massie for the top and excellence services. We live in Sydney but still find it very easy to deal and work with him. I would highly recommend him.
Patcharee Sriwongrach
Sprint finance simply provide top of the shelf service at all times!! Nathan Massie is awesome and very helpful in all circumstances and will always seek to look for the best option that would suit the customer’s needs!! Would highly recommend them!
Didier Appadoo
If anyone is looking for excellent advice about finance, call sprint finance, Nathan Massie has helped me and John in so many ways and we get the results. What more can I say, give them a call.
Marie ReneFrequently asked questions
A Loan Specialist acts as a middleman between the borrower and the lender/bank. They will take the time to assess your business’s financial situation by collecting all the relevant paperwork. After an initial assessment, they provide their recommendations for the best lenders available. These recommendations are based on your financial situation, purchasing power, and future investment goals. Long-term goals for paying off your loan should all be taken into consideration.
You should first get in touch with a Loan Specialist before you start looking for new property to buy. A Loan Specialist will assess your business’s financial situation and evaluate your purchasing power. When you know how much you can spend on a loan, it makes it a lot easier not to go over budget and spend beyond your means.
Yes, we can. Our staff can arrange a time and meeting location appropriate for you. We are not limited by standard business hours.
Our staff are available for appointments 7 days a week. Our aim is to fit around your busy work schedule so there’s no need to arrange for time off work. We can come to your house 7 days a week when it’s convenient for you.
We will not charge you a fee for our service. Sprint Finance is paid a commission by the lender you choose. Details of this commission will be fully disclosed to you when you first get in touch with our service. Government and lender fees and charges will apply to your home loan. We will take the time to explain these fees and charges to you in greater detail if you need us to.