Private Loan First Mortgage - Oallen NSW 2622

In a recent deal, Innovate Funding delivered exactly that. We funded a $375,000 private loan in Oallen, NSW 2622, without requiring a valuation, secured against a property worth approximately $3 million. The borrower? A business owner in the art industry who needed capital urgently to stock up for the busy season.

This is the power of private lending. In this post, we’ll walk you through how it worked and why it matters for businesses like yours.

A Fast Turnaround: $375K Funded Without a Valuation

For many business owners, especially in regional parts of New South Wales, getting finance through the traditional banking system is slow, rigid and often just doesn’t fit.

Banks typically require valuations, full-doc financials and time. Lots of it.

But this client couldn’t wait. Their art business had a limited-time opportunity to buy discounted stock in bulk. Timing was critical.

At Innovate Funding, we assessed the deal, saw strong equity in the rural property and approved funding without a valuation. The loan settled in days, giving the client the working capital they needed to seize the opportunity and grow their business.

Deal: Private Loan Oallen, NSW 2622

• Location: Oallen, NSW 2622

• Loan Amount: $375,000

• Security Property Value (Est.): $3,000,000

• LVR: 12.5%

• Interest Rate: 10.75% p.a.

• Loan Term: Short-term (under 12 months)

• Valuation Required: No

• Loan Purpose: Stock purchase for an art business

This deal highlights just how effective private lending in Australia can be when speed and flexibility matter most.

Why Was No Valuation Required?

Most traditional lenders insist on formal property valuations, even when the loan amount is low in relation to the property’s value. But in private lending, we assess risk differently. Here’s why we moved forward without one:

Strong Equity Position

Even with a revised property value of $3 million, the loan sat at just 12.5% LVR — well below risk thresholds for private lending.

Clear Business Use

The borrower had a documented, time-sensitive need. They were buying discounted art stock ahead of peak trading.

Defined Exit Strategy

The borrower would repay the loan using revenue from the upcoming sales.

Quality Security

The rural property had no complications. A desktop review confirmed market value confidence, eliminating the need for a formal valuation.

Oallen, NSW: Why Regional Deals Often Require Private Lending

Oallen, in the Southern Tablelands of New South Wales, is a beautiful but remote area. For business owners in regional towns, accessing funding is often harder due to:

• Long valuation turnaround times

• Lower bank appetite for regional lending

• Lack of local support from major lenders

At Innovate Funding, we believe location should not hold back growth. That’s why we specialise in helping regional clients access asset-backed business loans when they need them most.

What Is Private Lending and When Should You Use It?

Private lending refers to non-bank finance, where loans are secured against real estate and offered outside of traditional credit models. It's especially useful for borrowers who:

• Need urgent funding

• Want to avoid lengthy processes

• Have property equity but not enough financials for bank approval

• Need short-term capital

• Operate in industries that banks often overlook

Learn more about how private lending works with Innovate Funding.

What Was the Exit Strategy?

Private lending only works when there’s a clear repayment plan. In this deal, the client’s strategy was:

• Purchase high-demand art stock

• Sell it over a 3 to 6 month period

• Use revenue to repay the loan or refinance if needed

With strong margins and predictable turnover, this plan was both realistic and achievable. Exactly what we look for when assessing short-term business loans.

Why Private Lending Is a Smart Tool for Stock Finance

Creative businesses, from art galleries to boutique designers, often find it hard to secure working capital from banks. Their revenue is seasonal, income fluctuates and banks prefer more “traditional” business models.

But these businesses still need funding to:

• Purchase new stock

• Expand collections

• Pay suppliers in advance

• Launch limited-time promotions

• Capitalise on end-of-year opportunities

Private lending provides fast capital when it matters most. No lengthy forms. No trading history required. Just smart non-bank lending backed by equity and business sense.

How We Structured the Deal

Here’s how Innovate Funding structured the Oallen deal:

1. Client submitted a quick online enquiry

2. We conducted a desktop review of the property

3. We confirmed the deal’s structure and no valuation was required

4. Loan documents were issued the same day

5. Settlement occurred within days

We also ensured the borrower understood the terms clearly and had a solid exit strategy. At Innovate Funding, transparency and trust are at the core of every deal.

Who Qualifies for a No-Valuation Private Loan?

Not every deal qualifies, but more borrowers are eligible than you might think, especially if they have strong equity and a commercial purpose.

You may qualify if you have:

• A loan request under 65% LVR

• A business or investment purpose

• An acceptable property location

• A clear and documented exit strategy

• Supporting evidence of property value (prior sales, estimates)

Want to know if your deal qualifies? Apply now for a fast, obligation-free assessment