Private Lending Launceston

Fast, flexible finance for Northern Tasmania’s property market

Launceston blends heritage homes, inner-city revitalisation, lifestyle acreage, and light industrial. When opportunities move quickly, traditional bank timelines can slow you down. Innovate Funding provides asset-backed private loans in Launceston and across Northern Tasmania so you can secure property, unlock equity, or complete projects on time.

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Why Private Lending Works in Launceston

• Speed when timing matters – indicative approvals in ~24 hours; settlement typically in 2–3 business days.

• Asset & exit-driven – we assess security value and a clear exit strategy, not just credit score.

• Ideal for small infill & townhouse builds – flexible funding for DA, civil works and construction stages.

• Bank alternative – bridging loans, second mortgages and equity release when banks won’t move fast enough.

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What We Fund

• First Mortgages – purchases, refinance, construction kick-off (up to ~65% LVR).

• Second Mortgages / Equity Top-Ups – add capital behind an existing loan (often to ~75% combined LVR on strong assets).

• Bridging Loans – buy before you sell or meet tight settlements.

• Subdivision & Development Finance – DA/planning, civil works, staged construction, residual stock.

• Business-Purpose Loans – working capital secured against residential or commercial property.

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Loan Sizes, LVRs & Terms

• Amounts: $50,000 – $20M+

• Security: Residential, commercial, mixed-use, industrial and development land across Northern Tasmania

• LVR: Up to 65% first mortgage; around 75% combined with a second (deal/asset dependent)

• Rates: From ~8.75% p.a. (first); ~1–2% per month (second)

• Terms: 3–12 months, interest-only; capitalised interest available where suitable

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Launceston Case Scenarios

• Inveresk Townhouses: $1.35M first mortgage to settle land and fund civil works; refinanced to a bank on completion.

• East Launceston Renovation: $650K second mortgage to complete a high-end refurb ahead of sale.

• Riverside Bridging: $900K bridge at 60% LVR to secure an upsizer before existing home settlement.

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Areas We Serve

• Launceston CBD

• East Launceston

• West Launceston

• South Launceston

• Newstead, Invermay

• Inveresk

• Trevallyn

• Riverside

• Youngtown

• Kings Meadows

• Prospect

• Mowbray and projects across Tamar Valley and Northern Tasmania.

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How Our Process Works

1. Enquire – share your scenario, timing and security property.

2. Quick assessment – we review equity, property type and exit strategy.

3. Receive terms – clear pricing and structure tailored to your deal.

4. Settle fast – approvals in ~24 hours; settlement commonly within 2–3 business days (docs permitting).

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FAQs – Private Lending Launceston

How much can I borrow in Launceston?
From $50,000 up to $20 million+, subject to asset value and structure. Typical limits are up to ~65% LVR first mortgage and ~75% combined with a second on strong assets.

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Will you lend if the bank declined me?
Often yes. We prioritise asset strength and exit clarity rather than rigid serviceability.

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How fast can you approve and settle?
Indicative approvals in ~24 hours; settlements generally 48–72 hours depending on documentation.

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What property types qualify?
Houses, units, heritage refurbishments, mixed-use, commercial and development land.

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Do you offer personal/consumer loans?
No. Funding is strictly business/investment use.

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Why Innovate Funding

• Local understanding of Northern Tasmanian property dynamics

• Speed + flexibility aligned with development timelines

• Transparent terms, no hidden fees, broker-friendly

• Strong referral and repeat client base across Australia