Private Lending Melbourne

Fast, Flexible Finance for Melbourne Property Owners, Investors & Developers

Melbourne’s market moves from inner-city apartments and prestige homes to townhouse infill, mixed-use, and industrial. When bank timelines don’t keep up, private lending lets you act fast.

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Innovate Funding provides asset-backed private loans across Greater Melbourne and regional Victoria: first mortgages, second mortgages, bridging finance, equity release and development funding. Whether you’re acquiring in South Yarra, finishing a build in Brunswick, or bridging a purchase in Brighton, we deliver the capital you need, when you need it. We provide private lending across Victoria, with a strong focus on Melbourne and surrounding metropolitan areas. 

 

Our private lending in Melbourne solutions support property investors, developers, and business owners requiring fast, flexible funding across metropolitan and inner-city markets. As part of our national lending network, we also provide private lending across Australia.

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Why Choose a Private Lender in Melbourne?

We offer a full range of private lending solutions including first mortgage loans, second mortgages, bridging finance, construction loans, development finance, and caveat loans, tailored to your scenario.

• Speed: Approvals in ~24 hours; settlements in 48–72 hours

• Flexibility: Asset & exit-driven lending, not red-tape

• Equity Access: Unlock Melbourne’s strong property values quickly

• Bank Alternatives: Bridging, top-ups and subdivision finance banks often won’t do

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Innovate Funding – Competitive Rates & Fast Decisions

We assist clients across Melbourne, including the CBD, Inner Suburbs, Eastern Suburbs, South East Melbourne, and Western Suburbs, providing tailored private lending solutions based on each local market.

• First mortgages from 8.75% p.a.

• Second mortgages typically 1–2% per month

• Transparent fees and flexible exits (including capitalised interest where suitable)

Our capital network local insight often mean sharper pricing or higher usable LVRs than boutique lenders without the wait. 

Who We Help

• Developers: Subdivision, DA/permit approvals, duplex/townhouse builds

• Investors: Equity release, refinancing, quick acquisitions

• Business Owners: Short-term cashflow secured against property

• Brokers / Accountants / Solicitors: Fast, practical solutions for clients banks decline

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Private Lending vs Bank Finance (Melbourne)

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What We Fund

• First Mortgages – up to 65% LVR (purchases, refi, build kick-offs)

• Second Mortgages / Equity Top-Ups – often ~75% combined LVR

• Bridging Loans – buy before you sell; meet tight settlements

• Subdivision & Development Finance – permits, early works, staged construction

• Commercial & Business-Purpose Loans – secured against Melbourne property

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Loan Sizes & Terms

• Amounts: $50,000 – $20M+

• Security: Residential, commercial, mixed-use, industrial, development

• LVR: Up to 65% first, ~75% combined with a second

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

• Terms: 3–12 months, with flexible/early exits

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Melbourne Case Studies

• Brunswick Townhouses (Second Mortgage): $1.0M top-up to complete a 4-pack; refinanced to a bank after presales.

• South Yarra Bridging: $1.8M bridge at 60% LVR to secure an off-market apartment block while existing stock sold.

• Dandenong Industrial (First Mortgage): $2.2M rapid settlement on an owner-occupier warehouse; interest partially capitalised.

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Areas We Service (Greater Melbourne)

• Inner City: Melbourne CBD, Southbank, Docklands

• Inner North: Carlton, Fitzroy, Collingwood, Brunswick, Northcote

• Inner East: Richmond, Hawthorn, Kew, Camberwell

• Bayside & South East: St Kilda, Elwood, Elsternwick, Brighton, Bentleigh, Caulfield, Malvern, Carnegie, Chadstone, Clayton, Oakleigh

• West & Growth Corridors: Footscray, Yarraville, Seddon, Sunshine, Werribee, Tarneit

• Outer East & Industrial: Box Hill, Ringwood, Scoresby, Dandenong

• Mornington Peninsula: Frankston, Mount Eliza, Mornington, Mount Martha, Rosebud

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FAQs – Private Lenders Melbourne

Are private loans legal in Melbourne?

Yes. Private lending is a regulated alternative to traditional banks and is widely used by property investors, developers and business owners across Melbourne when conventional finance is not suitable.

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How fast can private loans be approved in Melbourne?

Indicative approvals are often provided within 24 hours, with settlements typically completed within 2 to 3 business days depending on valuation and legal documentation.

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Can I get a private loan if the bank declined me?

Yes. Private lenders focus primarily on property security and exit strategy rather than strict bank servicing requirements, making them suitable for borrowers declined by traditional lenders.

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What loan-to-value ratio (LVR) can I get?

Typically up to 65% LVR for a first mortgage, and up to approximately 75% combined LVR when using a second mortgage, depending on the asset and overall structure.

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What types of property can be used as security in Melbourne?

Residential homes, apartments, commercial property, industrial assets, mixed-use developments and development sites across Melbourne may be accepted, subject to valuation and marketability.

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Do you provide private lending across all areas of Melbourne?

Yes. Innovate Funding arranges private loans across Melbourne including the CBD, South Yarra, Richmond, Docklands, Southbank and surrounding metropolitan areas, subject to acceptable security and exit strategy.

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Are private loans available for business purposes only?

Yes. Most private lending solutions are structured for business or investment purposes rather than personal or consumer lending.

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How It Works

1. Enquire – Share your scenario by form, phone or email

2. Quick Assessment – We review asset, equity, and exit

3. Receive Terms – Clear, competitive, tailored

4. Settle Fast – Approvals in 24 hours; funds in days

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Why Innovate Funding?

• Trusted by brokers, accountants, and solicitors

• Significant capital deployed across VIC projects

• Clear documentation, quick communication, no hidden fees

• Repeat clients and referrals because we deliver