After the GFC banks changed their lending criteria. Previously bankable borrowers found their funding needs were not able to be met through traditional channels. Alternative financing options needed to be sourced and alternative lenders took up the call.
Now, when a business finds it difficult to obtain finance through conventional banking platforms, alternative lending has brought borrowers and investors together to fill that funding need.
Alternative business finance offers lending products that cover short-term lending requirements to long-term commercial property loans to property development and construction loan facilities.
Typically, borrowers needed solid revenue, two years of financials and an impeccable credit score. Alternative lenders welcome borrowers with a more diverse range of qualifications.
Alternative loans can be used to fund business growth, buy out business partners, fund property development projects, refinancing and more.
Alternative lending is non-bank lending and an important financing option for Australian businesses.
Thank you IBN for a great start to my day, breakfast with John Anderson, WOW!!! Every person in that room left in awe and touched by a Man driven by an idea. I see things differently now.
IBN is our introducer of choice and I would encourage brokers to join IBN’s network
IBN provides a fantastic service and I would recommend them to anyone.
I would have no hesitation is recommending IBN for future transactions that are difficult to place for your customers.
They are truly a team of hardworking, honest and ethical individuals that have a passion for what they do.
Nothing is too much trouble for the team at IBN and the services that they offer to both the client and the funder are second to none.
We had just over a week to come up with some funds... and they did! The solution was in place and ready to settle a few days later.
Thank you for a great start to my day, breakfast with John Anderson, WOW!!! Every person in that room left in awe and touched by a Man driven by an idea.
✔ Flexibility – Alternative lenders have the wriggle room to take into account your specific needs. There is no one size fits all approach, funding approvals are tailored to your specific requirements.
✔ Efficient and quick application process – Our application process is quick and to the point. We don’t ask you for financials or business plans and your application is assessed in-house to ensure we have the right alternative lender for your needs
✔ Quick turnarounds – approvals can be obtained within a day, settlements within a week
✔ Relaxed eligibility – traditional lending requires solid credit ratings, proof on income and low loan to valuation ratios. Alternative finance accepts that you may have a history and works with you to make your future happen.
✔ Rate that reflects risk – an alternative loan provides flexibility to the borrower outside traditional banking parameters. For this reason, the rate reflects the risk. The rate is fixed for the term of the loan, provided the loan is not in default.
✔ Exit strategy based approval – Alternative funders don’t require business plans and endless financials because they are exit strategy based.
✔ A term that meets your projects needs – From 1 month, to 3 years. There is a term to fit your needs.
✔ Ongoing relationships – many of our clients form long, mutually beneficial relationships with our funders. These funding relationships are critical to the business, their lender knows and understands the business and can make a quick decision on further lending opportunities without the need for a full application process.
We present options that others didn’t know existed
We search for solutions and enjoy the challenge of complex loans
We understand the complexities and requirements for a commercial loan application.
We explain our cost-structure from the outset so that you know what to expect.
As a guest of IBN at their recent Allan Pease speaking event, I was genuinely amazed at the global experience Allan shared with the room. Thank you to Scott and Fiona Roberts (and the whole IBN team) for the passion you share with the Sunshine Coast business community. Brilliant work!
I found Allan Pease to be a highly entertaining and amusing speaker and one who gives an insight into peoples feelings and attitudes being expressed by their facial and body actions. I am looking forward to more excellent speakers in 2016.
Thank you to Fiona for inviting me to the event on Wednesday night to listen to Sarina Russo, not only was the talk interesting but the people I met were great company and I learnt much.
Thanks so much to Fiona and IBN Direct for the invitation to the Sarina Russo Think Speakers event. It was great to be surrounded by so many wonderful local business people and hear the highs and lows of Sarina's journey.
Thank you IBN for inviting me to your latest evening to inspire with Sarina Russo. It was a fabulous night of positivity with inspiration, networking over great food and company. I received so much from it personally to take away and implement into my business and every day way of life. I can’t wait for the next event!
Thanks to IBN for the invite to a yet another great event. Glenn Cooper provided some wonderful insights into the history, structure and challenges of Coopers Brewery since its humble beginnings 150 years ago. Thanks again and to Scott Roberts for hosting us at breakfast.
Today, I was invited by IBN Direct- Scott Roberts to breakfast with Glenn Copper from Coopers Brewing. I thought I was going to learn about my favourite wind down.. Beer. But, I was inspired by a Family owned business who cares about their brand and family values. The same as IBN Direct to its customers. Thanks Scott & Fiona.
Many thanks to Scott and the IBN team for the invitation to see Glenn Cooper speak at the breakfast event recently. He was a great story teller and gave me plenty to think about – very inspirational as well.
The speakers were excellent and engaging, guided by a charismatic and knowledgeable MC. A unique opportunity to get up close and personal with such sporting legends. Thank you IBN Direct.
Great day thanks Scott, I always meet other like minded professionals to build referral relationships with and the entertainment, food & company tops it off for an awesome event. Thanks so much for the invite up and for continually running these gottogoto events!
It is really wonderful that IBN is getting behind ‘Think Speakers and Events’ and ‘Profile’ magazine. Lisa Wilkinson was an excellent speaker and it was a great privilege to have dinner with her. Thank you IBN for the opportunity.
Loved the Event! Inspiring, uplifting ...a whole room jammed full of positive! Thanks so much for the invite IBN , stayed in a positive mindset for the whole week! Perfect for team building and personal empowerment. Have been privileged to see 3 amazing speakers and each has lifted the soul to greater heights. Many, many thanks.
IBN always go that one step further to achieve an outcome. If at all possible, they achieve results for their clients. Communication channels are an extremely important part of this business, and IBN have an excellent system. Dealing with IBN is professional, at the same time keeping the personal touch as its focus.
I have utilised Scott’s services on a number of occasions, to assist with complex or unusual finance applications where I was not able to assist my clients. Scott was able to assist me on each occasion, and made the process simple and allowed me to keep my clients happy with their needs met as required. I have no hesitation in recommending Scott.