Private Lending

When Banks Say No, We Say Yes

Flexible private lending solutions for unique situations. Bad credit okay. Fast approval. Creative structuring.

Important Information

Esteb and Co provides credit assistance services. We are licensed credit representatives (ASIC Credit Rep #574070) who help you compare loan options from our panel of lenders. We do not lend money directly. All loan approvals are made by lenders, subject to their criteria and responsible lending assessments. Our service is free to you - we receive commissions from lenders. Read our Credit Guide

What is Private Lending?

Private lending (or non-bank lending) provides loans from private individuals or companies - not traditional banks. More flexible criteria, faster decisions, creative solutions.

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Flexible Approval

Bad credit, defaults, bankruptcy accepted. Focus on property/asset value, not just credit score.

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Fast Settlement

Approval in 24-48 hours. Settlement in 1-2 weeks vs 4-8 weeks for banks.

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Creative Solutions

Unique property types, short-term needs, exit strategies. Solutions banks won't offer.

Who Uses Private Lending?

✓ Credit-impaired borrowers

Defaults, missed payments, bankruptcy in history. Banks decline, private lenders consider.

✓ Self-employed with complex income

Hard to prove income, low taxable income, new business. Private lenders more flexible.

✓ Property developers

Need quick finance for development, subdivision, or construction. Short-term bridging.

✓ Urgent situations

Need to settle property quickly, auction finance, or bridging loan while selling.

The Trade-Off: Cost vs Flexibility

⚠️ Important: Higher Costs

Interest Rates: 8% - 15% (vs 6-7% for banks)

Fees: Establishment fees 2-5% of loan amount

Why? Higher risk for lenders = higher cost for borrowers. Usually short-term (1-2 years) while you improve credit or sell property.

Explore Private Lending Options

Connect with 10+ private lenders. Get options when banks decline. Free consultation.

Start Your Assessment →

Richard (Ricky) Esteb

Licensed Mortgage Broker & Founder

Credit Rep #574071 ACN 681 636 056 83+ Lender Panel

With direct experience helping Australians secure home loans, car finance, and business funding, Ricky founded Esteb and Co to bring transparency and technology to mortgage broking. Every piece of content is written from real-world lending experience.

✓ Verified & Last Reviewed: December 2025 | Content meets ASIC regulatory requirements