Non-bank lenders in Australia: how they work.
'Non-bank lender' covers a wide field: securitised mortgage managers, specialist commercial funders, private credit funds and mandated arrangers like Envision Private. What they share is funding that does not come from retail deposits, which means their credit decisions are shaped by the security and the exit rather than by APRA-driven serviceability policy. Envision Private sits at the private credit end of that spectrum — we arrange property-secured facilities on behalf of wholesale investors, sophisticated investors and family offices, and we are not an NCCP-regulated consumer lender.
When it makes sense
- The bank has declined or repriced a facility that is otherwise sound
- Settlement timing is too short for a bank credit process
- Financials are not yet lodged, or income is lumpy and project-based
- The asset is vacant, specialised, part-built or transitional
- A second-ranking facility is needed behind an existing bank mortgage
- The borrower needs certainty of funding more than the lowest headline rate
Indicative loan parameters
| Funding source | Wholesale, sophisticated and family office investors |
| Loan size | $250,000 – $20,000,000+ |
| Security | 1st or 2nd mortgage, or caveat, over Australian property |
| Term | 1 – 24 months, business and investment purpose only |
| Assessment basis | Security value, sponsor track record and exit strategy |
| Speed | Indicative terms in 24 hours; settlement in days to weeks |
How the process works
- Position the deal — security, LVR, purpose, term and exit in one page.
- Indicative terms — written IOI with pricing and conditions in 24 hours.
- Credit approval — valuation, legal review and formal approval.
- Documentation — loan agreement and registered security.
- Settlement — funds advanced, broker commission paid on drawdown.