Profile
| Department Name | Lending |
|---|---|
| Minimum Loan Size ($) | 100,000 |
| Maximum Loan Size ($) | 5,000,000 |
| Loan Type | Development Finance, Existing Properties |
Point of differentiation
If you have a loan scenario that makes sense, but the banks say no (or are just too slow), then talk to us.
At PMA, we take the time to listen to our referrers and borrowers and then tailor a finance solution that best meets everyone's needs.
- Low upfront assessment fees ($1,100 Inc GST)
- No charging clause in the Indicative Letter of Offer
- No cancellation fees in the Indicative Letter of Offer
- Valuation and QS fees at cost
- Legal fees at cost
- Rebate unused interest on extension payments
- High level of repeat customers
- Win‐win approach to lending
Development Finance up to 70% of GRV not costs. No financials required, the exit strategy is imperative. We service all of main land Australia and Tasmania.
About PRIVATE MORTGAGES AUSTRALIA PTY LTD
Here at Private Mortgages Australia we offer short-term, flexible loans to commercial clients. With extensive experience in private lending, investment and credit analysis, our team is on hand to help small-to-medium businesses with simple, cost effective loans.
We pride ourselves on being responsive to our brokers and borrowers. Our credit team is readily available to make rapid lending decisions to ensure our borrowers get the funds they need in the shortest possible time-frame.
Private lending can be complicated but we aim to make the lending process completely transparent so that our brokers and borrowers feel like they have all the information they need at any time.
PMA’s founders Tony Barbone and Tim Hart knew each other from their previous roles where Tony was working for a private lending firm and Tim was a sophisticated investor. They realised there was an opportunity to start their own company which would be based on a transparent lending process, being responsive to client’s needs, adapting solutions and providing quick lending decisions. They are now extremely proud of the company they have built and are delighted by the positive feedback they receive from their clients. The senior management team at PMA (including the Credit Committee) have over 50 years’ combined experience in private lending, investment and credit analysis.
Source: https://privatemortgagesaustralia.com.au