Private Lender in Australia
Fast, flexible funding from an established Australian private lender – no credit checks, secured against property.
- Loan amounts from $50,000 to $500,000+
- Loan terms from 2 to 24 months
- Funds typically available within 3–5 business days
- Secured against Australian real estate
- No credit check and no income assessment
- No financial statements or tax returns required
- Available Australia-wide
What is a Private Lender?
A private lender is a non-bank financial institution that provides loans funded from private capital rather than customer deposits. Unlike banks, private lenders in Australia are not APRA-regulated deposit takers, which means they can assess applications more flexibly and move considerably faster than traditional lenders.
Private money lenders typically secure loans against real estate rather than assessing income or credit history. This makes them particularly useful for borrowers who have property equity but don't fit standard bank criteria, whether due to self-employment, imperfect credit, limited documentation, or the nature of the loan purpose.
According to the Reserve Bank of Australia's April 2024 Bulletin, non-bank lenders, including private lenders, account for approximately 9% of total business lending in Australia, with their share of SME lending growing strongly since 2022.
Private lending in Australia is legal and regulated. Private lenders who offer consumer loans 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 fully NCCP-compliant for consumer lending. Mango Credit provides business loans only.
Why Choose a Private Lender Over a Bank?
Traditional lenders tend to make you jump through hoops. Private lenders in Australia, on the other hand, are known for flexibility and speed.
Here's what you can expect from our private online loan lender:
- Minimal paperwork.
- No credit checks and no hit to your credit file.
- Fast approvals, often within 24 hours.
- Funds typically available in 3 to 5 business days.
- Tailored terms to suit your situation.
What Can a Private Money Loan Be Used For?
With a private money lender, your options are open as long as you have a clear plan to repay. This varies depending on the type of loan:
- Business loans: Repayment might come from future business capital, a refinance, or the sale of a property.
- Personal loans: We are only able to approve applications where the loan will be repaid from the proceeds of selling the secured property.
Common reasons people apply include:
- Business expansion or working capital.
- Renovations or property improvements.
- Bridging the gap between property purchases or sales.
- Paying unexpected tax bills or legal costs.
- Funding time-sensitive investments.
Types of Loans We Offer as a Private Lender
Caveat Loans
Need funds quickly? Our short-term caveat loans are perfect when you need a fast solution and already own property. These are typically approved within 24 hours, with funds available in just a few days.
First Mortgage Loans
If you're buying a property or need quick funds but don't want to deal with the banks, our short-term first mortgages offer a flexible, temporary solution.
Second Mortgage Loans
Current home loan is locked in and you don't want to refinance? A second mortgage from our private lender in Australia can help you unlock extra equity without touching your primary loan.
Bridging Loans
Buying before you've sold? A bridging loan helps you access the equity in your existing property so you can secure the new one without rushing your sale.
Home Equity Loans
Tap into your property's value with a home equity loan. Whether for investing, launching a business, or covering a one-off cost, our private online loan lenders give you access to capital without the usual delays.
Private Lenders Online with No Credit Check
One of the key reasons borrowers come to private money lenders is that credit history isn't a barrier. Mango Credit and Mango Mortgages don't run credit checks at any stage. That means:
- Past defaults, a low credit score, or missed payments won't automatically disqualify you
- Your credit file is not accessed at any point
- Applying has zero impact on your credit score
Instead of looking at your credit history, we look at the equity available in your property and your plan to repay the loan. If those two things are in place, we can often help where a bank can't.
We don't offer guaranteed approval, and every application is assessed individually. But for borrowers who own Australian real estate with available equity, our flexible underwriting offers plausible alternatives.
Why Choose Mango as Your Private Lender?
Mango Credit and Mango Mortgages have been operating as private lenders in Australia since 2001. Over more than two decades, we've helped thousands of borrowers access capital when banks couldn't deliver.
- Transparent costs: Our interest rates, fees, and any additional charges are laid out clearly before you commit.
- Fast turnaround: Indicative approval within 24 hours; funds within 3–5 business days.
- Minimal paperwork: A council rates notice and a current mortgage statement are typically all we need.
- Right-sized loans: We work with you to find the loan size that fits your actual need.
- Connect with people behind the process: You speak directly with the team making the decision, no call centres or bots.
- Fully licensed: Mango Mortgages holds Australian Credit Licence 422165 and is a member of AFCA for consumer lending.
How Borrowing with a Private Money Lender Works
Applying for a private loan online with Mango Credit is simple:
- Apply online in minutes.
- We assess your property equity and goals
- Funds in 3–5 days if approved
Not sure what type of loan suits you best? Just get in touch. We can walk you through the pros and cons to find a solution that works for you.
Private Lending, Made for Real Life
At Mango Credit, we believe funding should fit your life, not the other way around, and we're here to help you move forward with clarity and confidence.
Ready to apply? Use our simple online application form or give us a call at (02) 9555 7073. Our team of private lenders is friendly, experienced, and here to help you land on the front foot.
Private Lender FAQs
What is a private mortgage lender?
A private mortgage lender is a private lender that secures loans against real estate, either as a first mortgage, second mortgage, or caveat. This distinguishes them from unsecured lenders. Mango Credit and Mango Mortgages are private lenders online, meaning all loans are backed by Australian real estate and accessible without a physical office visit.
Is private lending legal in Australia?
Private lending in Australia is 100% legal and regulated. We operate within strict compliance guidelines, ensuring transparency and fair lending practices. You’ll know exactly what your loan costs and terms are before you commit.
Is a private lender better than a bank?
That depends on what you need. Banks tend to have longer approval times, strict criteria, and a lot of red tape. Our private lender moves faster, offers flexible terms, and provides more personal service. If you need short-term funding, quick bridging finance, or a customised loan, private lenders are often the better fit.
Do private loans affect your credit?
Mango Credit doesn’t run credit checks. That means applying for a loan won’t affect your credit file. Instead of focusing on your credit score, we base approvals on the value of your property and your ability to repay. It’s a fuss-free way to secure funding when you need it most.