What are Private Lenders?

When traditional banks and lenders are unable to provide the financial support you need, private lenders can offer an alternative solution. At Ownright Custom Finance, we work with a network of private lenders to provide our clients with the funding they need for various purposes, from property investments to business expansions. In this page, we will discuss private lenders and how Ownright Custom Finance can help connect you with the right lender for your unique needs.

Private lenders are individuals or organizations that provide loans to borrowers outside of the traditional banking system. They often offer more flexibility in loan terms and can approve loans faster than traditional banks. Private lenders can be a great option for borrowers who may not qualify for a loan from a bank due to credit issues, insufficient collateral, or other reasons.

Apply Now

At Ownright Custom Finance, we work with a variety of private lenders who specialize in different types of loans. This allows us to match our clients with the right lender for their specific needs.

Why Choose a Private Lender?

Private lenders can be an excellent alternative to traditional banks and lenders. Here are a few reasons why:

Faster Approvals: Private lenders can approve loans faster than traditional banks, often in a matter of days or even hours.

Flexibility: Private lenders can offer more flexible loan terms, including repayment schedules and interest rates.

Collateral: Private lenders may be more willing to accept non-traditional forms of collateral, such as property or equipment.

Credit Score: Private lenders may be more willing to work with borrowers who have less-than-perfect credit scores.

Types of Private Lenders

There are various types of private lenders, each specializing in different types of loans. Here are some of the most common types:

Individual Investors: These are individuals who lend their own money to borrowers.

Private Equity Firms: Private equity firms typically invest in businesses rather than individuals.

Hard Money Lenders: These lenders specialize in short-term loans secured by real estate.

Peer-to-Peer Lenders: These are online platforms that connect borrowers with investors who fund the loans.

Advantages of Working with Ownright Custom Finance

Working with Ownright Custom Finance has several advantages when it comes to finding the right private lender for your needs:

Access to a Wide Network of Lenders: We work with a network of private lenders, so we can find the right lender for your unique needs.

Personalized Service: We take the time to understand your financial situation and goals to find the best loan solution for you.

Competitive Rates: Our private lenders offer competitive interest rates and loan terms.

Fast Approvals: We can approve loans quickly, often within 48 hours

Great options and great rates

When you’ve tried with every other lender or bank and not been satisfied, that’s where we come in. We’ll create a tailored and customised solution for you!

Get Started

Did you know that according to recent statistics, approximately 80% of small businesses in Australia take out business loans to help fund their growth and operational costs?

How to Apply for a Private Loan through Ownright Custom Finance

If you’re interested in applying for a private loan through Ownright Custom Finance, here are the steps to take:

1

2

We’ll work with you to determine the right loan solution for your needs.

3

We’ll connect you with a private lender who specializes in the type of loan you need.

4

We’ll guide you through the application process and help you secure the loan.

Ready to get the perfect loan?

Get Started