IBN Private Mortgage Funding are THE experts in Melbourne private lending. We are your go-to for asset-backed mortgages and have offices in Melbourne, Brisbane, Sydney, and the Sunshine Coast and Gold Coast.
We specialise in asset loans and deal with direct customers, mortgage brokers, accountants and real estate agents; to fund capital for commercial, short-term, development, and vacant land. As one of the longest-running and most well-respected professionals in this field, we take pleasure in setting and exceeding the highest professional standards and sharing our in-depth understanding of the industry and market.
Borrowers may expect a quick decision, fast settlement, and a simple application procedure with IBN Private Lending in Melbourne. We will work with you to arrange your asset loan swiftly utilising a chosen panel of Direct Lenders and, with the help of Bransgroves Lawyers as our documentation partner, we will have your asset-backed mortgage completed in no time.
Private lending is essentially borrowing money from a non-traditional lender. This is usually a high net-worth private individual or a firm with excess income from their primary line of business. Private lending is unregulated and does not fall under the National Consumer Credit Protection Act.
In summary, private lending provides a streamlined application procedure, rapid approvals, quick access to cash, and flexible payment arrangements for you and your clients.
When it comes to Private Lending, all funding is for business purposes.
Acquiring a commercial property, purchasing or starting a business, paying off business debt, providing operating capital for a firm, and any property development activity, including construction finance, are all examples of business purposes. The money, however, cannot be utilised to purchase a residential investment property or a home for personal use. The one exception to this rule is where bridging finance is required for less than 60 days.
Banks have long been the go-to commercial loan source for many SME operators and property developers that lacked the financing they required. However, these lenders frequently provide financing options that include extended deadlines, unrealistic covenants, and pages of red tape, terms, and conditions.
Banks’ standards have become so rigorous that only a tiny percentage of applicants make it through the application stage. Irrelevant credit difficulties, inadequate collateral, and a lack of pre-sales might all prevent an applicant from getting a loan. This may be difficult for business owners and property developers, who frequently demand speedy approvals, a lender who understands the constraints encountered by ambitious Australians, and a lender willing to work without up-to-date or comprehensive financials.
This is when IBN Direct enters the picture. We’re commercial finance brokers who find commercial finance alternatives for projects that don’t fit typical lending criteria. It’s time to consider Melbourne Private Lending from IBN Direct if you need money now and don’t want to jump through rigorous hoops.
The IBN Private Mortgage Fund loans to the following kind of transactions on a regular basis. Just complete the form below and a member of our team will be in touch to discuss your idea!
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.
We review your application form and we provide a preliminary assessment (usually over the phone, followed by an indicative loan summary). This sets out the key loan terms. We then follow up with a written Indicative Letter of Offer.
You accept the Indicative Letter of Offer. We ask for further supporting information to complete our due diligence and also conduct a 3rd party valuation of the security.
Your Loan Contract is prepared and issued to you for review.
You review and execute the Loan Contract.
Your loan is funded!
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.