Private Lending in Victoria (VIC)

Private lending in Victoria (VIC) offers fast, flexible, asset-backed funding for property investors, developers, business owners, and professionals who need finance outside traditional bank policy.

At Innovate Funding, we arrange private and non-bank loans across Victoria, including Melbourne, Geelong, Ballarat, Bendigo, the Mornington Peninsula, and major regional centres. Our focus is delivering certainty of funding and structured lending solutions when timing, complexity, or documentation makes bank lending impractical.

To learn how private finance works in Australia, start here: Private Lending Australia

When Private Lending Makes Sense in Victoria

Private lending is commonly used in Victoria where borrowers need:

Fast approvals and time-sensitive settlement
Flexible structures (interest capitalised or serviced)
Asset-based lending where the security and exit matter most
Short-term funding for property or business purposes
Funding solutions for borrowers with complex income or credit history

Private lenders typically prioritise:

security value and marketability
LVR and structure
exit strategy (sale, refinance, completion of works)

For deeper guidance, visit our: Private Lending Knowledge Hub

Private Loan Options Available in Victoria

Innovate Funding arranges private lending solutions across VIC, including:

Property-Secured Lending

First Mortgage Loans – Purchases, refinances, and business-purpose funding secured by property
Second Mortgage Loans – Equity access behind an existing first mortgage
Bridging Loans – Short-term finance to bridge timing gaps, settlements, or refinance deadlines
Caveat Loans – Very fast, short-term funding for urgent requirements (case-by-case)

Development and Construction

Development Loans – Funding for residential and commercial development projects
Construction Loans – Progressive drawdowns aligned with construction milestones

Business-Purpose Lending (Asset-Based)

Secured Business Loans – Business funding secured by real property
Short-Term Business Loans – Fast property-backed working capital
No Doc Loans – Reduced-documentation business-purpose solutions
Bad Credit Business Loans – Asset-based solutions for complex credit profiles
Unsecured Business Loans – Working capital without property security (criteria applies)

For owner-occupied consumer scenarios, see: Consumer Bridging Loans

Where We Lend in Victoria

We arrange private and non-bank loans across metropolitan and regional Victoria, including:

Metro VIC

Melbourne
Inner & Outer Suburbs (e.g. Richmond, Essendon, Dandenong, Werribee)
Geelong & Bellarine Peninsula
Mornington Peninsula

Where Innovate Funding can do first and second mortgage in metro Melbourne

Regional VIC

Ballarat, Bendigo, Shepparton
Gippsland (Traralgon, Sale, Warragul)
Mildura, Horsham, Warrnambool
Albury-Wodonga & the High Country
Western Districts & the Murray Region

Imagine of where Innovate Funding can do private lending deals in VIC

Typical Uses for Private Lending in VIC

Private lending in Victoria is commonly used for:

Refinance deadlines (private lender exit, bank delays, or loan maturity)
Time-sensitive purchases (auction, off-market acquisitions, short settlement)
Equity release for business-purpose needs
Construction funding where bank progress payments don’t fit the project
Development funding where timing and structure are critical
Short-term working capital secured by property

What We Need to Provide an Indicative Assessment

To move quickly, provide:

Property address and estimated value
Current debt position (if refinancing)
Loan amount and term requested
Purpose of funds (business / investment / consumer)
Exit strategy (sale, refinance, completion of works)

We can usually provide indicative feedback fast, then confirm pricing and structure after valuation and due diligence.

Frequently Asked Questions – Private Lending Victoria

How fast can private loans be approved in Victoria?
Indicative approval is often possible within 24 hours, with settlement commonly achieved within 2–5 business days, subject to valuation and legal processes.

Do you lend outside Melbourne?
Yes. We arrange loans across regional Victoria, assessed on security quality, marketability, and exit strategy.

Can I get funding with bad credit?
Often yes. Private lenders focus on asset quality and exit strategy. Learn more here: Bad Credit Business Loans.

What property types can be used as security?
Residential, commercial, industrial, mixed-use, development sites, and land (criteria and LVR depend on asset type and location).

Speak With a Victoria Private Lending Specialist

If you require fast, flexible private finance in Victoria, Innovate Funding can structure a solution tailored to your transaction. Request an indicative assessment via Contact.