Australia's Non-Bank Lender for Short-Term Finance
We like to say ‘YES’ without the ‘BUT’.
If you need short-term finance in Australia and a bank has said no, or you simply can't wait weeks for a decision, Mango Credit and Mango Mortgages offer a straightforward alternative.
As established non-bank lenders, we assess loans on the equity in your real estate, not your credit file or income history. Fast, transparent, and built around your situation.
The Simple Way to Obtain Short-Term Loans
- $50K – $1M+
- By caveat, second or first mortgage
- Funding typically within 3 to 5 working days from application
- Loan terms from 2 to 24 months
- Australia-wide
- No credit check or income assessment
- Minimal documentation
- Real estate backed (real estate required to obtain a loan)
- Flexible underwriting
- No hit to your credit file
What is a Non-Bank Lender?
A non-bank lender is a financial institution that provides short-term loans without holding a banking licence. Unlike banks, non-bank lenders are not APRA-regulated deposit-takers; they raise capital from private sources rather than customer deposits. This means they can assess applications more flexibly and move considerably faster than a traditional lender.
Non-bank lenders in Australia have grown steadily as an alternative to the major banks. According to the Reserve Bank of Australia’s April 2024 Bulletin, they account for approximately 9% of total business lending in the nation, with their share of SME lending growing strongly since 2022.
Non-bank lender vs a bank
| Bank | Mango Credit / Mango Mortgages | |
|---|---|---|
| Funding source | Customer deposits | Private capital |
| Assessment focus | Income, credit score, financials | Property equity and exit strategy |
| Approval timeframe | Weeks to months | Indicative offer within 24 hours |
| Credit check | Yes | No |
| Documentation | Extensive | Minimal |
| Funding timeframe | Weeks | 3–5 working days |
What a Bank Won’t Do, We Do
Why Choose Mango for Short-Term Finance in Australia?
Banks say no to borrowers who don’t have the right income, credit score, or paperwork. We say yes to borrowers who have equity in real estate and a realistic plan to repay. That’s the core difference between a bank and a non-bank mortgage lender in Australia.
Transparent Upfront Costs
We’re completely transparent about our fees, charges, Interest Rates, and any additional costs for late repayments. When you apply for our short-term loan in Australia, you’ll know exactly what you’re agreeing to – no hidden surprises or tricky conditions.
Timely Access to Funds
Short-term financing with Mango means an indicative offer typically within 24 hours and funds within 3–5 working days. We’re not going to make you wait while a credit committee deliberates for weeks.
Minimal Paperwork
We keep our process simple. With minimal documentation and flexible underwriting, our team looks at your situation as a whole, not just a credit score.
Loans Sized to Fit Your Needs
We don’t automatically push you to borrow the maximum amount you qualify for. Instead, we work with you to provide the right-sized loan that fits your circumstances.
A Personalised Approach
You speak directly with the people making the decision, who are committed to understanding why you need funding and what you’re trying to achieve. No call centres or being transferred between departments.
Nationwide Access with Full Compliance
Our short-term loans are available across Australia. Mango Mortgages is NCCP-compliant for consumer lending, meaning personal borrowers are protected by fair lending standards. Mango Mortgages holds an Australian Credit Licence 422165 and is a member of the Australian Financial Complaints Authority (AFCA). With us, you’re protected by fair lending practices and a team that genuinely cares.
Short-Term Loans We Offer
We offer a range of short-term loans, all designed to get you from ‘need’ to ‘done’ without the usual fuss.
Caveat Loans
A short-term caveat loan is lodged on your property title as security, ideal for bridging between property sales, renovations, development projects, or short-term business finance. Minimal documentation and approvals within one business day.
First Mortgages
When you need a first-registered mortgage over your property for a limited term, our short-term first mortgages offer a flexible alternative to traditional bank loans. Perfect for property purchases, renovations, construction costs, or business ventures.
Second Mortgage
Already have a mortgage? A short-term second mortgage lets you access the equity that has built up in your property without refinancing or disturbing your existing loan arrangement.
Bridging Loan
A bridging loan helps cover the gap between buying a new property and receiving the proceeds from selling your existing one. For consumer loans, the exit strategy must be the sale of the security property.
Home Equity Loans
If you’ve built up equity, a short-term home equity loan can give you quick access to larger sums for renovations, investment property deposits, business working capital, or repaying tax and personal debts.
For business purposes, see our short-term business loans page for commercial lending options.
Our Process
Getting a short-term loan with Mango Credit and Mango Mortgages is simple.
1. Enquire
Reach out and tell us what you need the funds for, how much you're looking to borrow, and what property you're considering as security. No credit check at any stage.
2. Assessment
We review your equity position and your exit strategy, assess your property and your repayment plan, not your credit score.
3. Receive Your Offer
Typically within 24 hours. The offer clearly outlines the loan amount, interest rate, term, fees, and security structure.
4. Settlement & Funding
Once you accept the offer and the documents are signed, our solicitors prepare the security documentation. Funds are transferred electronically, typically within 3–5 working days from application.
Lending Since 2001
Since 2001, Mango Credit and Mango Mortgages have been helping Australians access short-term finance when banks couldn't deliver. Over more than two decades, thousands of borrowers, from homeowners and business owners to property investors and self-employed individuals, have trusted us for fast, no-fuss funding.
Mango Mortgages holds Australian Credit Licence 422165 and is a member of the Australian Financial Complaints Authority (AFCA), providing consumer borrowers with access to independent dispute resolution at no cost if needed.
We work with people, not just paperwork. You tell us what you need, and we'll work out the best way to get it done.
Need Short-Term Finance Online? Start with Mango Credit
If you're looking for short-term finance and want straight answers, fast approvals, and a team that genuinely wants to help, you've come to the right place. Whether you're applying for a short-term loan online to fix a short-term gap or to grab an unexpected opportunity, Mango Credit is here to help.
Reach out to our friendly team today:
FAQs
Can I get a short-term loan with bad credit?
Yes, in most cases. Mango Credit and Mango Mortgages don't run credit checks and don't assess income. Our short-term loans are assessed on the equity in your real estate and your exit strategy. Past defaults, a low credit score, or gaps in your financial history won't automatically disqualify you.
Do you run a credit check?
No. We do not access your credit file at any stage of the application process. Applying with Mango Credit and Mango Mortgages has zero impact on your credit score.
Do you offer instant approval?
No lender can honestly promise instant approval. What we deliver is an indicative offer typically within 24 hours of your enquiry, and funds within 3–5 working days from application. Fast and honest beats a promise that isn't real.
Do you offer unsecured short-term loans?
No. All Mango Credit and Mango Mortgages loans are secured against Australian real estate, by caveat, first mortgage, or second mortgage. We don't offer unsecured lending.
Are your short-term loans available across Australia?
Yes. Our short-term finance online options are available nationwide. As long as the property you're using as security meets our criteria, we can help. Metro properties are generally accepted; non-metro properties are assessed on a case-by-case basis. Speak to our team for details.
What is a non-bank lender?
A non-bank lender is a financial institution that provides loans without holding a banking licence. They're not APRA-regulated deposit-takers and raise funds from private capital rather than customer deposits. This allows for more flexible assessment and faster turnaround than a traditional bank.
Are non-bank lenders in Australia safe and regulated?
Yes. Non-bank lenders that offer consumer loans in Australia must hold an Australian Credit Licence (ACL) issued by ASIC and comply with the National Consumer Credit Protection Act (NCCP). Mango Mortgages holds ACL 422165 and is a member of AFCA, meaning consumer borrowers have access to independent dispute resolution. Mango Credit provides business loans only and operates outside the consumer credit framework accordingly.
How does a non-bank mortgage lender differ from a bank?
Banks are APRA-regulated deposit-taking institutions that assess loans based on income, credit history, and financial documentation. Non-bank mortgage lenders in Australia, like Mango Credit, fund loans from private capital and assess based on property equity and exit strategy. This allows for faster decisions, less paperwork, and more flexibility for borrowers who don't fit the standard bank mould.
How are non-bank lenders funded?
Non-bank lenders raise capital from private investors, wholesale funding markets, or their own funds rather than customer deposits. This gives them more flexibility in structuring and assessing loans, without the same institutional constraints that govern APRA-regulated banks.
Yanis founded Mango Credit in 2001 and personally assesses and structures every loan. With over 20 years in Australian private lending, he writes on bridging loans, caveat loans, and short-term property finance.