Do private loans require financial documentation?

No. Innovate Funding does not require tax returns or financial statements. The only documents needed are identification, a council rates notice, and statements of any existing debts secured against the property.

Are private loans NCCP-exempt?

Yes. All loans arranged by Innovate Funding are NCCP-exempt, meaning they must be for business or investment purposes. Loans are generally structured in the name of a company or trust rather than an individual.

What is Private Lending and How Does It Work?

Q: What is private lending and how does it work?

Private lending is a fast alternative to banks, secured by property and based on equity and exit strategy rather than income or credit history. Innovate Funding provides NCCP-exempt, no-doc loans with approvals in 24 hours and settlements in 2 to 5 business days.

Private lending is one of the fastest-growing alternatives to bank finance in Australia. It offers borrowers a flexible, asset-based way to access funds quickly, without the heavy paperwork and strict credit checks that banks require.

At Innovate Funding, we specialise in arranging no-doc, property-backed private loans across Australia. Our loans are NCCP-exempt, meaning they must be for business or investment purposes and structured in the name of a company or trust.

Approvals are based on asset viability and exit strategy rather than financial statements, Innovate Funding can deliver approvals within 24 hours and settlements in 2 to 5 business days.

What is Private Lending

Private lending refers to loans funded by non-bank lenders, often private funds, specialist finance companies, or investors. The key difference between private lending and bank lending is the approval criteria:

Banks require detailed financials, tax returns, payslips, and high credit scores.
Private lenders focus on the security property, available equity, and repayment exit.

This approach allows borrowers to access capital quickly for time-sensitive opportunities, whether that is purchasing property, completing a development, or covering urgent business expenses.

NCCP Exemption – Why It Matters

In Australia, the National Consumer Credit Protection Act (NCCP) regulates loans for personal, household, or residential living purposes. Private loans are structured to be NCCP-exempt, which means:

The loan must be used for business or investment purposes only.
Borrowers are required to sign a business-purpose declaration.
Loans are typically made in the name of a company or trust, not directly to an individual.

This exemption allows Innovate Funding to provide loans that are fast, flexible, and outside the rigid consumer credit rules that banks must follow.

No-Doc Lending – Minimal Documentation Required

One of the main advantages of Innovate Funding’s private loans is that no financials are required. Borrowers do not need to provide tax returns, BAS statements, or income evidence.

Instead, we only require:

Identification for the borrower or directors
A council rates notice to confirm ownership and property details
Statements of any existing debts secured against the property, if applicable

By removing the burden of paperwork, our no-doc loans can be assessed and approved quickly. What matters is the value of the asset and the strength of the exit strategy.

Why Asset Viability is the Key Factor

Innovate Funding’s approval process is built around asset viability rather than credit history. We consider:

Property value – residential, commercial, or development sites across Australia
Loan-to-value ratio (LVR) – generally up to 65 to 70 percent
Equity position – the gap between current debts and property value
Exit strategy – a clear plan for repayment, such as refinance, property sale, or project completion

If the property has sufficient equity and the exit strategy is achievable, approval is possible, regardless of the borrower’s income or credit history.

Types of Private Loans Available

At Innovate Funding, we arrange a wide range of property-backed loans:

First Mortgages – secured as the primary charge, usually at lower rates
Second Mortgages – unlocking equity without disturbing the first mortgage
Bridging Loans – providing short-term funding to buy before selling or cover settlement gaps
Construction and Development Loans – funding for land, subdivisions, and building projects
Business-Purpose Loans – secured by property to cover ATO debts, cash flow, or expansion costs

How the Process Works

Submit Loan Scenario – provide property details, required loan amount, and intended exit.
Indicative Approval – Innovate Funding provides an assessment within 24 hours.
Minimal Documentation – ID, rates notice, and existing loan statements.
Valuation and Legal – property valuation arranged if required, loan documents prepared.
Settlement – funds typically available in 2 to 5 business days.

Private Lending Across Australia

Sydney

Sydney’s fast-moving market often demands bridging loans and short settlement funding. Innovate Funding assists with:

Bridging loans in Bondi, Randwick, Chatswood, and Parramatta
Development funding in Western Sydney growth areas
Business-purpose loans secured by residential and commercial assets

Case Example: A developer in Parramatta secured a $1.2 million second mortgage within five business days to complete a construction project.

Melbourne

Melbourne’s market includes premium suburbs such as Toorak and Brighton, as well as development hubs in Cranbourne and Geelong. Innovate Funding provides:

Construction and development finance
Fast settlements when bank finance falls through
Business loans backed by residential property

Case Example: An investor in Geelong used a private first mortgage to settle a purchase after the bank withdrew. The exit was refinancing six months later.

Brisbane

Brisbane continues to attract developers and investors. Innovate Funding arranges:

Bridging loans in Fortitude Valley, South Brisbane, and Indooroopilly
Subdivision and development loans in Ipswich and Logan
Business-purpose loans for urgent cash flow

Case Example: A business owner in South Brisbane secured a $450,000 second mortgage to pay ATO debts. The loan was repaid by refinancing after nine months.

Perth

Perth’s market is often influenced by the resources sector, requiring flexible finance. Innovate Funding provides:

Development funding in Joondalup, Baldivis, and Canning Vale
Bridging loans for land settlements
Equity release for working capital

Case Example: A Perth developer accessed a $600,000 bridging loan in five days to secure land while waiting on bank finance.

Adelaide

Adelaide’s steady market supports smaller development projects. Innovate Funding helps with:

Bridging loans in Glenelg, Norwood, and the CBD
Second mortgages to unlock equity
Infill development finance

Case Example: An Adelaide investor obtained a $400,000 second mortgage in four business days to complete a townhouse project.

Who Uses Private Lending

Innovate Funding assists:

Property investors needing fast access to equity
Developers requiring finance for subdivision and construction
Business owners needing urgent working capital or to clear ATO debts
Borrowers with imperfect credit who still hold strong property assets

Why Borrowers Choose Innovate Funding

No-doc loans requiring only ID, rates notice, and existing loan statements
Approvals in as little as 24 hours
Settlements within 2 to 5 business days
NCCP-exempt loans structured for business and investment purposes
Australia-wide coverage with local expertise in every capital city

To discuss your loan scenario, call Innovate Funding on (02) 8919 3639 or request a quote at innovatefunding.com.au.

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