How it works
A clean file from enquiry to settlement is typically 5–10 business days. Because we work with multiple panel lenders and a network of private investors, much of the value we add is choosing the right funder for the deal — not just any funder.
Enquiry (you, ~5 minutes)
Six short steps on our enquiry form. We capture your contact details up front so even partial completions reach us. You can save your progress and resume from a link in your email.
We package the deal (us, same day)
A credit officer at Private Credit Loans reviews your enquiry, calls if needed for clarification, and assembles a short package summarising the borrower, the security, the purpose, and the exit. From this we identify the panel lender or private investor most likely to fund the deal on the best terms.
Indicative terms from the funder (typically within 24–48 hours)
We present the deal to the chosen funder. They issue indicative terms — loan amount, term, indicative pricing, fees, and key conditions — directly to you, through us. Indicative terms are not a commitment; they’re a basis for the next step.
Conditional offer
On acceptance of indicative terms, the funder issues a conditional offer subject to:
- —Satisfactory valuation of the security property.
- —Satisfactory legal documentation review.
- —Confirmation of the borrowing entity’s standing (ASIC search, trust deed if applicable).
- —Any other deal-specific conditions in the offer.
Documentation, valuation, and the Business Purpose Declaration
- —The funder (or their solicitors) instructs a panel valuer.
- —The funder’s solicitors prepare the loan agreement, mortgage, and security documents.
- —You sign the Business Purpose Declaration and the loan documents.
- —You provide evidence of the business purpose of the funds.
Settlement
The funder advances the funds. For construction loans, this becomes the date of first drawdown; subsequent drawdowns are made progressively against QS-certified claims.
Expedited settlement — 24 to 48 hours
The 5–10 business day timeline above is the standard for clean files. For genuinely time-critical business loans — settlement deadlines that can't move, contracts that won't wait — we have arranged first mortgages that settled inside 24 to 48 hours of initial enquiry.
That speed is only achievable when the borrower and the borrower's solicitor are positioned to take action ASAP: same-day signing of loan and mortgage documents, immediate valuer access to the security property, and immediate turnaround on every credit and legal query as it lands. It is as much a function of borrower-side preparedness as it is of panel-lender turnaround, and we will tell you upfront whether a 24–48 hour settlement is realistic for your specific deal.
What we ask of you
- —Provide complete information on the enquiry form, including the genuine business purpose of the funds.
- —Provide responsive answers to credit and legal queries.
- —Make the borrower entity's authorised signatories available for execution.
- —Be honest about the security position, the existing encumbrances, and the exit strategy. We can usually find a way through an awkward fact pattern — we cannot fix one we discover at the eleventh hour.