Making Private Lending Easy For Brisbane
Brisbane Application Process For Private Loans
At Royce Stone Capital because of the family offices we work with in Brisbane and around Australia we have a unique streamlined methodology of providing first mortgage and second mortgage loans. This process keeps the process simple and gets rid of all the red tape, that banks and other lenders have. Our initial DD is comprised of the below.
- We do the initial due diligence to ensure the deal stacks up for all parties.
- We provide initial terms, to ensure you are satisfied, and that the deal meets your requirements.
- The family offices we work with conduct an internal valuation (9 times out of 10, external valuations aren't required, thus saving you time and money.
- We require a borrowing entity usually a company or trust.
- We require a copy of your ID.
- We require an exit plan (how you will repay the funds) and what the funds will be used for.
Work with us today, to discover a new way of private lending, tailored for you!
The Benefits Of Private Lending With Us
The RSC Advantage: Funded by Private Brisbane Families, For Brisbane.
A major advantage of working with Royce Stone Capital, is because we work with family offices in Brisbane and around Australia. We have the ability to match your deal with the right investor or funders. This in turn gives you more favourable deal terms, a tailored loan made for you, urgent funds delivered as needed and coalignment for future deals! Whether it is for a business cashflow, refinance, investment, equity release or property development purposes, you can move forward with certainty!
- Use funds to get you out of cashflow problems by releasing equity when the bank won't lend you funds.
- Use the funds to invest into business opportunities to help you realize profits.
- Borrow funds to do property development or renovations for commercial reasons.
- Secure a an exclusive network of family offices and HNW investors who you to win, and who understand your ambitions.
Contact us today, so we can get you immediate access to funds!
What are private lending rates for Brisbane?
A private loan is usually more expensive than a bank loan on face value based off interest rates, but it is cheaper in terms of the opportunity cost. As private lenders take on deals and more risk than what a bank can, helping borrowers to get funds when they otherwise couldn't.
Think of the upside of solving your cashflow problems, or being able to take advantage of business opportunities and the profit you’d make if you had access to capital!
Usually first mortgage private loans work on a 4% to 8% margin that is higher than BBSW rate / RBA rate. Depending on the asset class, risk, term of the loan and LVR of the loan.
Usually second mortgage private loans work on a 12% to 20% margin that is higher tha the BBSW rate / RBA rate. Depending on the asset class, risk, term of the loan and LVR of the loan. As second mortgage loans carry more risk, because they rank behind the rights of the first mortgage holder (and suffer to lose more if thing go wrong) they are more expensive.
What this means for borrowers, is that as interest rates go up at a bank level, many private lenders also adjust their own rates to become more competitive with a bank, as the difference between bank rates and private rates gets smaller. The cost of capital usually depends on where capital is sourced from, which is why we source capital from a family office to get you the lowest cost of capital.
