First and second mortgages from $100,000 to $25 million, secured by Melbourne and Victorian property, assessed on the security and the exit rather than a bank template.
Victoria is our second largest market, with $46 million currently on loan across 19 active facilities. We lend against residential, commercial and industrial property and land across metropolitan Melbourne and the growth corridors, and selectively in Geelong, Ballarat and Bendigo.
Melbourne borrowers come to us for the same reasons as everywhere else: a settlement the bank cannot meet, equity behind a bank loan they want to keep, a tax debt or a business that needs capital now. We assess on the property, the purpose and the exit, and give a straight answer within 24 hours.
We are not a replacement for your bank. We are the lender you use when the bank’s timeframe or template does not fit the situation, and the loan is written to hand you back to the bank when it does. Rates are indicative and subject to valuation, due diligence and formal approval.
| Feature | Verified Capital | A bank |
|---|---|---|
| Decision | Indicative terms within 24 hours | Weeks, often months |
| Assessed on | The property, the purpose and the exit | Financials, trading history and lending policy |
| Borrowers | SMEs, companies, trusts and investors | Consumers and businesses |
| Loan term | 1 to 24 months | Long term |
| Paperwork | Short, specific to the deal | Full application and ongoing covenants |
| Who you deal with | The people who assess, approve and fund | Relationship managers and a credit committee |
| Rates and fees | Every rate and fee set out upfront in the letter of offer | Lower rate if the business qualifies |
Tell us about the property, the amount you need, the purpose and how the loan will be repaid. Your broker can submit on your behalf.
If the scenario fits, we issue a letter of offer within 24 hours with every rate and fee set out upfront.
We instruct an independent valuation and complete our credit and title checks.
Our solicitors prepare the documents and we settle on your timeframe, then stay your point of contact through to repayment.
2nd mortgageSettledA fashion importer with a Melbourne head office had a $2M order from a national retailer and needed to pay overseas suppliers before shipment. The bank’s trade finance limit would not stretch. Secured behind the owner’s home loan, repaid when the retailer paid on delivery.
1st mortgageSettledA logistics company’s ATO debt had reached $1.9M with a director penalty notice issued. We refinanced the existing bank loan on their warehouse and paid out the ATO in one facility. Repaid through a bank refinance once the tax position was clean.
Send us the details and we will come back to you within 24 hours.
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