There has been considerable growth in the requirement for private debt, as facilitated by the private lender sector, which is expected to continue to flourish as the sector offsets the tightened credit appetite from traditional lenders (and, increasingly, non-bank lenders).
Aquamore offers expert private lending in Australia. We have a wealth of experience and are renowned across the country for enabling businesses to realise commercial finance opportunities. Discover how your client can begin the process towards a stronger financial future.
The Rise in Popularity of Private Debt
Private lending appeals to many businesses due to its speed of funding and loan flexibility. In addition, private lenders, such as Aquamore, consider a scenario holistically, including applicants with impaired credit history.
Tactics for Borrowers to Access Private Lending
Accessing private lending is an increasingly popular alternative for businesses in Australia requiring commercial finance.
Private lenders loans vary from lender to lender. The typical process is:
- Completing the application form
- Deal assessed
- Offer letter issued, upon approval
- Valuation is ordered
- Legals are arranged
- Funds are released
Finance brokers can begin the process by making a loan enquiry. This will involve workshopping a scenario to help Aquamore understand the financial situation. As every business is different, we need to evaluate the:
- Purpose of the loan: The reasons why a client requires funding.
- Ideal amount: Explain the client’s financial needs.
- Terms: Loan terms with Aquamore range between 3 to 36 months.
- Exit strategy: Discussion regarding payment terms and how to establish a comfortable exit from the loan.
Once successful and approved, your client may receive between $300K and $7.5M of commercial finance. This can be put to use across a variety of business needs, including covering debt, as working capital, for business emergencies, or to advance of a time-sensitive opportunity.
To begin this process, an application can be made online or with one of the Relationship Managers. Find out more here: flexible lending solutions.
Advantages of Private Lending for Borrowers
Brokers are increasingly turning to private lending to provide fast, flexible solutions for business clients:
- Flexible loan criteria and terms: Private lenders are renowned for providing bespoke funding solutions with flexible repayment terms.
- Holistic assessment: Aquamore reviews each application on its merit, applying a judgemental credit approach vs a strict policy-based assessment.
- Fast approvals and funding: Private lenders are renowned for providing fast, flexible, tailored funding solutions.
- Access to substantial funding: Aquamore provides businesses with up to $7.5M in funding to cover a broad spectrum of requirements.
Unlock Up to $7.5M With Leading Lending in Australia
Aquamore provides businesses with up to $7.5M to support growth. Across all of Australia, finance brokers appreciate Aquamore’s efficiency, flexibility, and total transparency. Apply today to begin your business borrower client’s application.
