FAQ

Private lending refers to non-bank financing solutions provided by private investors or lending institutions. These loans generally offer greater flexibility and faster approvals compared to traditional bank loans.

Anybody can obtain a private loan. However, at Monument Capital, we only lend to businesses for business purposes. This generally includes roperty developers, business owners, and investors looking for funding for construction, development, or asset acquisition can apply.

Yes, private lenders will require security from the borrower or any guarantor prior to funding. This is generally through a first ranking mortgage, but it can also include a second mortgage or caveat in limited circumstances.

We source funding for residential, commercial, industrial, mixed-use developments, and land subdivisions.

Anybody can obtain a private loan. However, at Monument Capital, we only lend to businesses for business purposes. This generally includes roperty developers, business owners, and investors looking for funding for construction, development, or asset acquisition can apply.

Loan terms vary but generally range from 6 months to 3 years, depending on the project and lender.

LVRs typically range from 60% to 80%, depending on the type of loan and asset.

Private loans may have higher interest rates due to their flexible terms and faster access to capital, but they offer advantages for time-sensitive or complex funding needs.

Private loans can often be approved within a few days, with funds available in as little as 7-14 days, depending on the complexity of the application.

Typically, we require project details, financial statements, property valuation reports, and an exit strategy.

Yes, private lenders focus more on the asset and project viability rather than just the borrower’s credit history.

You can start by filling out our online inquiry form or contacting us directly for a consultation.