Interest Rate Guide

At IBN Direct, we think outside the square to place your loan that may have been previously declined by a bank.

Here is an indicative guide of what to expect.

Bank Loans  5-7% per annum

With the lowest interest rates, a traditional bank loan is a great place to start. However, many ‘outside of the square’ loans will not be able to meet the requirements for the lower risk rate.

Second Tier Lenders  7-10% per annum

Secondary to the major banks, many of the established second-tier lenders will still be looking for minimal risk, but will consider reasonable credit as opposed to excellent credit. Flexibility is the key, with terms generally ranging from 1 to 5 years, allowing you to establish your credit and eventually move onto a mainstream lender and lower interest rates.

Private Funders  10-14% per annum

If you are banging your head against a brick wall with conventional lenders, then an alternative way to get into the market is with a Private Funder. The rates reflect the risk, as Private Funders are willing to overlook some issues the banks or second-tier lenders will not even consider.


Get more information about the type of loans we can help you place:

Commercial   Development    Short Term Business    Non-Conforming



“Our team here have had the pleasure of working with Scott and Fiona Roberts along with their team at IBN for the past couple of years. We have found everyone involved with IBN to be very efficient, organised and professional with all the dealings that we have had with them. 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 look forward relationship with the IBN team well into the future.”

- Funder

“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.”

- Private Funder

"Operating as a Financial Counsellor I encounter many difficult financial situations. Recently I had a client with a complex arrangement that none of the major Banks were willing to help with. I had IBN’s number sitting in my draw for a few months and thought I would see if they could help me find a solution for my client. It took a little while to find the right answer to a complex problem that would work for my client and I, but the staff at IBN were fantastic and never gave up on finding me a suitable Lender within the timeframe I had. When the settlement was completed and we could breathe again my client and I were ever so thankful for the support and professionalism IBN gave us.  IBN provides a fantastic service and I would recommend them to anyone."

Rod Garland ~ Financial Counsellor