What Types of Loans Do Private Lenders Offer?

Private lenders provide a wide range of loan options that banks typically cannot. What makes private lending especially attractive is the no-doc structure, where borrowers are not required to provide tax returns, financial statements, or income evidence.

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At Innovate Funding, all of our loans are no-doc, NCCP-exempt, and asset-based. This means every loan is approved based on the value of the property security, the available equity, and the strength of the exit strategy, not on credit scores or servicing tests.

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What Does “No-Doc” Mean?

No-doc lending means you do not need to supply:

• Tax returns

• Business financials

• BAS statements

• Payslips or proof of income

Instead, Innovate Funding only requires:

• A valid form of identification

• A council rates notice to confirm ownership and property details

• Statements of existing debts secured against the property (if applicable)

This makes approvals faster and opens access to funding for borrowers who may not qualify with banks.

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Types of No-Doc Private Loans

First Mortgages

A first mortgage is the primary loan secured against property. Innovate Funding provides no-doc first mortgages to:

• Purchase investment property or commercial property

• Refinance and access equity

• Settle urgent property transactions

Example: A Sydney investor needed $1.8 million to settle a commercial property in Parramatta. With only ID and a rates notice, Innovate Funding approved a first mortgage at 65% LVR and settled in five business days.

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Second Mortgages

Second mortgages allow borrowers to access equity behind an existing first mortgage without refinancing the original loan.

• Useful for topping up funds or covering business needs

• Commonly used for tax debt repayment, business working capital, or project completion

• Higher risk for lenders, but accessible as no-doc loans

Example: A Brisbane business owner used a $350,000 second mortgage to pay ATO debt. Innovate Funding settled in three days using only ID, rates notice, and the first mortgage statement.

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Bridging Loans

Bridging loans provide short-term finance when timing is critical, such as buying before selling or covering a shortfall during refinance.

• Terms typically 3–12 months

• Settlements within days

• No financials required, only asset security

Example: A Melbourne client purchased a property in Brighton before selling their Toorak home. Innovate Funding provided a $950,000 bridging loan secured against both properties, approved within 24 hours.

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Construction and Development Loans

Banks often avoid small-to-medium development projects or impose long delays. Innovate Funding provides no-doc construction and development loans, secured against the land or partially completed projects.

• Suitable for subdivisions, townhouses, and residential builds

• Funding stages can be structured based on equity and project milestones

• Approval based on asset and exit, not developer’s income history

Example: A Perth developer needed $800,000 to complete a subdivision. Innovate Funding approved the loan within 48 hours, secured against the site, with exit via sale of completed lots.

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Business-Purpose Loans

Many business owners have profitable enterprises but cannot meet bank requirements for financial statements. Innovate Funding provides property-secured, no-doc business loans for:

• Clearing ATO debts

• Funding stock purchases

• Providing working capital

• Business expansion or refurbishment

Example: An Adelaide café owner accessed $200,000 against an investment property in Norwood to refurbish and expand. Approval was issued within 24 hours and settlement occurred in four days.

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Why No-Doc Private Loans Work

Private lenders are not looking at income and credit reports. Instead, they ask:

• What is the value of the security property?

• What is the current equity position?

• What is the borrower’s clear exit strategy?

This means even borrowers with complex structures, inconsistent income, or poor credit history can access funding if their property asset supports the loan.

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Case Studies

• Sydney: Investor secured $1.2M no-doc first mortgage for a CBD commercial property settlement.

• Melbourne: Developer obtained $600K no-doc construction loan for a townhouse project in Geelong.

• Brisbane: Business owner used a $400K no-doc second mortgage to pay tax debt and stabilise cash flow.

• Perth: Land purchaser accessed $700K no-doc bridging loan for Joondalup land acquisition.

• Adelaide: Investor secured a $350K no-doc equity release loan to fund another purchase.

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Why Borrowers Choose Innovate Funding

• All loans are no-doc: only ID, rates notice, and existing debt statements are required

• Approvals within 24 hours and settlements in 2 to 5 business days

• NCCP-exempt: business and investment purposes only

• Tailored solutions across first mortgages, second mortgages, bridging, development, and business-purpose loans

• Transparent fees and full national coverage