Private lending in Broadbeach: How Innovate Funding secured $500,000 in just 3 days

Private lending in Broadbeach has become an essential solution for businesses that need fast, flexible and personalised finance. With traditional banks taking weeks or even months to approve commercial loans, non bank lending has emerged as the fastest and most efficient option.

Innovate Funding recently delivered a standout result for a Gold Coast business, securing a $500,000 first mortgage loan in only three business days. This case study breaks down exactly how the funding was completed from start to finish.

\Step 1: Initial enquiry and rapid assessment

A Broadbeach business owner contacted Innovate Funding seeking urgent access to capital. The business needed fast funds to act on a time sensitive opportunity, something traditional banks could not accommodate.

Key actions

• detailed discussion about the borrower’s objectives

• assessment of property security and available equity

• agreement on a private first mortgage structure

• confirmation of the required loan amount and timeline

This early assessment demonstrated why private lending in Broadbeach is ideal for borrowers who need fast decisions and flexible criteria.

Step 2: Matching the borrower with the right private lender

Using extensive industry experience and a large national lending network, Innovate Funding quickly identified lenders capable of approving the deal within the required timeframe.

Key actions

• matching the scenario with lenders known for fast turnaround

• presenting the deal with a clear 65 percent LVR position

• obtaining multiple proposals within 24 hours

• shortlisting the strongest offers based on rate, fees and flexibility

This stage shows how private lending in Broadbeach provides fast access to capital through strong private lender relationships.

Step 3: Comparing lender proposals and finalising terms

Several lenders responded with offers. The strongest proposal provided competitive pricing at 8.95 percent interest at 65 percent LVR, supported by flexible repayment options.

Key factors reviewed

• interest rate

• fees and charges

• repayment structure

• overall suitability for the borrower

Key actions

• Innovate Funding presented a full comparison to the client

• final offer selected based on value and speed

• loan documentation prepared immediately

Clear communication at this stage is one of the reasons Innovate Funding remains a leading choice for private lending in Broadbeach.

Step 4: Valuation and legal preparation

To avoid delays, Innovate Funding coordinated all parties simultaneously. Propti completed a digital valuation within 24 hours, confirming the property’s value and validating the 65 percent LVR.

Key actions

• drafting legal documents with the borrower’s solicitor

• completing a fast turnaround valuation through Propti

• ongoing communication between lender, solicitor and borrower

Innovate Funding ensured all components aligned quickly, reinforcing its reputation for fast and secure private lending in Broadbeach.

Step 5: Final approval and settlement

With verification complete, the deal progressed to final approval and settlement.

Key actions

• borrower signed the loan agreement

• lender confirmed approval

• $500,000 was funded within 48 hours

• Innovate Funding provided repayment support

The result was a fully funded first mortgage private loan delivered within three business days.

The outcome: A successful private lending solution in Broadbeach

The borrower secured:

• $500,000 in funding

• 8.95 percent interest rate

• 65 percent LVR

• settlement within three days

This outcome highlights how private lending in Broadbeach offers fast, flexible and transparent finance for businesses needing immediate access to capital.

Why businesses choose Innovate Funding

Extensive private lender network

Access to leading private lenders across Australia.

Fast, streamlined processes

From initial enquiry to funding in as little as three days.

Clear communication

Transparent guidance at every step.

Technology enabled lending

Digital valuations and document management for accuracy and speed.

Innovate Funding continues to lead the way in private lending on the Gold Coast, helping Australian businesses secure capital quickly and confidently.

Conclusion

When deadlines are tight and opportunities can’t wait, traditional banks are often too slow. Private lending in Broadbeach offers the fast, flexible and dependable finance businesses need to move forward.

If your business requires a first mortgage loan, bridging finance or short term commercial funding, visit innovatefunding.com.au to get started today. Innovate Funding provides fast, flexible and reliable private lending solutions across Broadbeach and the greater Gold Coast region.

FAQs

Is private lending in Broadbeach faster than bank lending

Yes. Private lenders can approve and settle loans within days. Banks may take weeks or months.

What types of loans are available through private lending in Broadbeach

Common options include first mortgages, second mortgages, bridging loans and short term business loans.

How did Innovate Funding secure $500,000 in three days

By coordinating lenders, solicitors, valuers and the borrower simultaneously while using digital valuation technology.

What LVR do private lenders in Broadbeach usually accept

Most private lenders operate between 60 and 70 percent LVR depending on the asset and risk profile.

Is private lending suitable for urgent business expenses

Yes. Private lending is ideal for time sensitive commercial opportunities where fast access to capital is required.