Private Lenders Hobart

Property-secured finance for commercial purchases, business funding and property projects

Assurity Capital considers private loans in Hobart for eligible business, investment and commercial purposes. We are an Australian non-bank private lender based in Sydney, serving borrowers nationally, including Tasmania.

Loan requests from $50,000 to $5 million and above may be considered, subject to assessment. Potential structures include first mortgages, second mortgages, secured business loans, commercial bridging finance, development funding and refinancing existing private debt.

For a Hobart transaction, the right starting point is the funding gap: how much money is required, what acceptable property can secure it, and how the loan will be repaid.

You may be purchasing business premises, replacing a maturing facility, releasing equity for commercial expenditure or seeking funding to complete a property project. Each proposal needs a structure that fits its purpose and timetable.

Discuss your Hobart finance requirements

Call 02 9389 1077 or email scenario@assuritycapital.com.au.

Include the requested amount, property address, estimated value, current secured debt, purpose, deadline and proposed repayment strategy.

Finance is subject to assessment and approval. Assurity Capital does not provide consumer-purpose personal loans or owner-occupied home loans.

Private lending in Hobart: what is being assessed?

Private lending is an alternative source of finance outside traditional bank lending. For the facilities described here, acceptable real estate provides security for the borrowing.

A property-secured private loan still requires an assessment of the borrower, transaction and repayment plan. Equity is relevant, but it does not establish approval by itself.

For Hobart private finance, the assessment considers:

The actual use of the funds
The borrower and property-owning entities
The property’s accepted value and suitability
Existing mortgages and other relevant interests
The requested amount and loan term
Interest, fees and other transaction costs
Evidence supporting repayment

A first mortgage, second mortgage and bridging loan describe different aspects of a facility. Mortgage ranking concerns the security position; bridging finance concerns a temporary funding need. A bridging facility may therefore involve first- or second-ranking mortgage security, depending on the approved structure.

Commercial property loans Hobart

Commercial property finance may support an eligible purchase, refinance or business-purpose equity release against acceptable real estate.

Potential enquiries include retail premises, offices, professional suites, warehouses, industrial property and mixed-use buildings. Acceptance depends on the individual asset and transaction.

The distinction between an owner-occupied business premises and an investment property matters. One proposal may rely on the trading business; another may rely on rental income and a future commercial refinance.

Purchasing premises for your business

Buying a property can involve more than the contract price.

Your proposal should distinguish the acquisition from fit-out, equipment, relocation, professional fees and the working capital needed after settlement. These expenses affect the total funding requirement, even when they do not add an equivalent amount to the property’s security value.

Provide the contract, deposit paid, settlement date, available contribution and intended use of the premises. Explain whether occupation requires further works or approvals.

Buying a tenanted commercial investment

For a leased property, provide the lease documents, rent schedule, outstanding incentives, expiry dates and details of any arrears.

A signed lease and an anticipated future tenancy provide different levels of evidence. If the proposed exit depends on a longer-term lender accepting the rental income, identify what that lender is expected to require.

Financing vacant or mixed-use property

Vacant premises may need time and expenditure before generating income. Allow for that period when proposing the loan term and repayment plan.

For a mixed-use property, identify each component separately: its approved use, occupation, lease arrangements and ownership structure. A building containing a shop and residential accommodation should not be assessed solely by its street address or total floor area.

Bridging loans Hobart: funding between defined events

Business-purpose bridging finance provides temporary funding until an identifiable repayment event occurs.

Assurity Capital may consider eligible Hobart bridging loan enquiries involving:

A commercial purchase settling before another asset sale
A refinance that cannot complete before an existing loan matures
A property investment transaction with mismatched settlement dates
Completed development stock awaiting sale proceeds
A defined commercial funding requirement pending documented receipts

The loan term should follow the transaction timetable, including reasonable allowance for outstanding conditions.

A sale exit

If repayment depends on selling property, identify whether the property is unlisted, being marketed, under offer or under contract.

Provide available sales evidence and an estimate of net proceeds after existing debt and selling costs. The expected sale price is not the same as the amount available to repay the loan.

A refinance exit

If the plan is to refinance into a bank or another lender, explain what must change before that can happen.

Examples might include completing approved works, establishing rental income, supplying updated financial information or resolving an outstanding condition. The application should show how those steps can be completed within the proposed term.

An intention to refinance is a starting point; supporting evidence makes it assessable.

Explore bridging finance

Secured business loans Hobart

A secured business loan uses acceptable property to support an eligible commercial funding requirement.

Potential purposes include business expansion, stock purchases, supplier payments, project expenditure and refinancing commercial liabilities. Business-related tax or creditor obligations may also be considered, subject to assessment.

Explain the expenditure precisely. A request for “working capital” becomes more useful when it identifies the payments due, the reason for the shortfall and the source of repayment.

Funding a contract or expansion

Provide relevant contracts, purchase orders, budgets and expected payment dates.

Separate confirmed income from forecasts. Allow for operating expenses, payment delays and other commitments before calculating how much cash will be available to repay the facility.

Business acquisitions involving property

Where a purchase includes both an operating business and real estate, separate the purchase-price components.

Land and buildings, equipment, stock, licences and goodwill are different assets. The total business purchase price should not automatically be presented as the value of the property security.

This distinction also matters when funding hospitality or accommodation-related transactions.

Refinancing business liabilities

Refinancing can change repayment timing, but it also introduces costs and may place property at risk.

Provide current balances, payout figures, repayment obligations and the reason the replacement facility is needed. Explain how the proposed arrangement supports an achievable repayment plan.

Explore secured business loans

First mortgage and second mortgage loans Hobart

First mortgage finance

A first mortgage generally provides first-ranking registered mortgage security, subject to applicable legal priorities.

It may be considered for an eligible acquisition, refinance, business-purpose equity release or property project.

Where an existing mortgage will be discharged, the facility must account for its payout, transaction costs and any additional funds required.

Second mortgage finance

A second mortgage ranks behind an existing first mortgage. It may allow an eligible borrower to seek additional finance while retaining the first facility.

The assessment considers accepted property value, first-mortgage debt, proposed additional borrowing, combined leverage, existing loan terms and the exit strategy.

Consent or a priority arrangement may be necessary.

For a useful initial assessment, provide a recent first-mortgage statement and details of any arrears, other secured facilities or registered interests.

Explore second mortgage loans

Development finance Hobart

Development finance needs to match the project’s current stage. Site acquisition, construction, completion funding and completed-stock finance involve different requirements.

Assurity Capital may consider eligible development-related enquiries, subject to the project, security, funding structure and repayment strategy.

Site acquisition and project preparation

For a development-site purchase, provide the contract, current property use, planning status, borrower contribution and intended next stage.

Clearly distinguish an intended development from one with the required approvals. If approval is outstanding, identify the remaining process, expected expenditure and proposed funding during that period.

Construction finance

A construction proposal may require approved plans, permit information, builder details, a building contract, a detailed budget and a construction programme.

The feasibility should include more than building costs. Relevant items may include professional fees, infrastructure works, contingencies, finance costs, holding costs and selling expenses.

Where staged drawdowns are proposed, explain when funds are needed and how expenditure between drawdowns will be covered.

Completing a partly built project

Completion funding requires a reliable assessment of the remaining work.

Provide the current construction stage, outstanding creditors, builder arrangements, revised cost to complete and anticipated completion date.

The funding request should address the complete requirement. Repaying the existing lender without leaving sufficient funds to finish the project may leave the original problem unresolved.

Residual-stock finance

Residual-stock finance may be considered against eligible completed but unsold property.

The proposal should identify completed values, current debt, sales evidence, anticipated selling costs and the expected sales period. Where multiple titles secure the facility, clarify the proposed conditions for releasing individual properties after sale.

Hobart property due diligence: check the actual address

A useful Hobart finance submission starts with the individual property, its lawful use and the work proposed.

A CBD commercial building, suburban warehouse, strata unit and development site can present substantially different security and funding considerations.

Planning zones, codes and permits

The City of Hobart directs property owners to PlanBuild’s enquiry service to check planning zones and applicable codes by address. The service can generate a property report containing maps and relevant planning information.

A property report is a useful starting point. It should not be treated as confirmation that a proposed development or change of use has been approved.

For property elsewhere in Greater Hobart, identify the relevant council and provide the actual permit and approval documents applicable to the proposal.

Strata and shared-property obligations

Where the security is a strata property, disclose material levies, planned works, known defects and relevant shared-property obligations.

These matters can affect the expenditure required during the loan and the property’s suitability for sale or refinance.

Condition and proposed works

If the repayment plan depends on improving the property, specify the works, cost, approvals and expected timing.

Distinguish necessary repairs from discretionary improvements. Any expected increase in value needs appropriate evidence rather than an assumption that every dollar spent will be recovered.

Accommodation and hospitality property finance

For an accommodation or hospitality-related enquiry, establish exactly what is owned and what will secure the facility.

Freehold real estate, a leasehold business and a management arrangement are different interests.

Relevant information may include approved use, title, leases, historical trading information, operating expenses and maintenance requirements. Where income varies during the year, use evidence covering the relevant trading cycle.

Expected peak-period revenue should not be treated as year-round net income.

Such enquiries are assessed individually. The presence of an operating business does not establish that its premises or business interest will be acceptable security.

How much can I borrow against a Hobart property?

Assurity Capital considers requests from $50,000 to $5 million and above, subject to assessment.

The amount available depends on accepted value, existing liabilities, security ranking, purpose, term, costs and repayment evidence.

Understanding loan-to-value ratio

Loan-to-value ratio, or LVR, compares secured debt with the property value accepted for the assessment.

For example, total proposed secured debt of $900,000 against an accepted property value of $1.5 million represents a 60% LVR.

This is a calculation example, not an advertised lending limit or offer.

For a second mortgage, the assessment must account for existing first-mortgage debt alongside the proposed additional borrowing.

Gross loan versus usable funds

The approved facility amount may differ from the cash available for your transaction.

Existing loan payouts, legal expenses, establishment costs or an approved interest reserve may reduce net proceeds.

Ask for a breakdown showing:

The total facility
Existing debt to be repaid
Fees and other deductions
Net funds available
Payments required during the term
The expected amount repayable at maturity

Private loan rates, fees and repayment terms

There is no single private lending interest rate that applies to every Hobart transaction.

Pricing and terms depend on the proposal, including the property, leverage, mortgage position, loan amount and repayment risk.

Assess the total cost over the expected borrowing period. Relevant items may include interest, establishment fees, valuation expenses, legal costs, discharge fees, minimum-interest conditions and extension or default provisions.

If interest is retained or capitalised, understand how that affects available funds and the final debt.

Before proceeding, compare the proposed repayment date with the evidence supporting your sale, refinance or other exit.

Refinancing an existing private loan

If a private facility is approaching maturity, provide the current loan documents and payout information early.

Assurity Capital may consider eligible private-loan refinancing, including proposals involving caveat-related facilities, subject to review of the underlying documents and security position.

Explain why the existing loan is being replaced and whether the original repayment plan has changed.

Disclose arrears, notices, additional registered interests and any approaching deadline. A replacement loan needs an achievable exit of its own; an extension or further refinance should not be assumed.

Choosing a private lender in Hobart

The best private lender for a particular transaction is one whose approved terms and requirements fit that transaction.

When comparing options, ask:

Does the lender consider your actual purpose and property type?
How much usable funding will remain after deductions?
What conditions must be satisfied before settlement?
How are interest and fees calculated?
What evidence is required for the exit?
What happens if a sale or refinance is delayed?

Assurity Capital provides a point of contact for eligible property-secured enquiries across business finance, commercial property, bridging and development-related requirements.

Send the scenario for assessment so the discussion can focus on the property, funding requirement and proposed repayment.

Hobart and surrounding locations

Assurity Capital considers eligible enquiries involving Hobart and surrounding areas, including North Hobart, South Hobart, West Hobart, Sandy Bay, Battery Point, New Town and Lenah Valley.

Greater Hobart enquiries may also involve Glenorchy, Moonah, Bellerive, Rosny, Howrah, Kingston and nearby locations.

Provide the precise security address and property type. Coverage does not establish automatic acceptance of a particular asset.

Assurity Capital serves Hobart from its Sydney base; it does not represent this service as a Hobart branch.

Frequently asked questions

Does Assurity Capital consider private loans in Hobart?

Yes. Assurity Capital considers eligible property-secured business, investment and commercial lending enquiries in Hobart as part of its national lending coverage. Each proposal is assessed individually.

Can I apply after my bank declines finance?

You can submit the scenario for consideration. Include the reason for the decline and explain whether the issue remains unresolved. Different assessment criteria do not guarantee approval.

Are these unsecured business loans?

No. The facilities described on this page require acceptable property security.

Can self-employed borrowers apply?

Eligible self-employed borrowers may enquire. Identification, relevant business or entity information, property details, liabilities and repayment evidence are still required.

Does private lending mean no-doc finance?

No. Private finance does not remove the need for documentation and due diligence. Requirements depend on the proposal.

Can I retain my existing first mortgage?

Potentially. A second mortgage may be considered where the available equity, combined debt, existing loan terms and any required consent support the arrangement.

Can bridging finance fund a commercial purchase?

An eligible commercial purchase may be considered where temporary funding is required and a supported repayment event is identified.

How quickly can a Hobart private loan settle?

Timing depends on the completeness of the application, valuation where required, security review, legal documentation and satisfaction of conditions. Provide your deadline early; funding should not be assumed before approval and confirmed settlement arrangements.

Can I use a property I already own as security?

Potentially, subject to the property, ownership, existing debt, proposed purpose and borrowing structure. Ownership alone does not establish eligibility.

Can development finance cover unfinished construction?

Eligible completion-funding requests may be considered. The assessment requires a supported remaining budget, workable construction arrangements and a credible repayment strategy.

Does Assurity Capital offer owner-occupied home loans?

No. Assurity Capital does not provide consumer-purpose owner-occupied home loans or personal loans. Eligibility depends on the actual purpose and borrowing structure.

What if I cannot repay on the due date?

The consequences depend on the loan documents. Additional interest, fees or enforcement may apply. An extension is not automatic, and the security property may be at risk.

Request a Hobart private finance assessment

Provide these details to start the discussion:

Amount: The net funding required
Purpose: What the money will pay for
Security: Property address, type and estimated value
Debt: Existing mortgages and other relevant liabilities
Timing: Settlement deadline or maturity date
Repayment: The proposed exit and available supporting evidence

For a development proposal, include the approval status, construction stage and remaining budget.

Call Assurity Capital: 02 9389 1077
Email: scenario@assuritycapital.com.au

Important information

This page provides general information and does not take account of your individual objectives, financial situation or needs.

Finance is subject to assessment, acceptable security, lending criteria, due diligence, legal documentation and final approval. Amounts, costs, terms and timeframes depend on the transaction. An enquiry or indicative proposal is not final approval.

Assurity Capital does not provide consumer-purpose personal loans or owner-occupied home loans. Property-secured borrowing places the security property at risk if obligations are not met. Obtain independent legal, financial and tax advice before entering a facility.