Private business lender Australia-wide

One lender, one phone call, any postcode

Equity Tap Pty Ltd is a direct, independent private business lender. We lend our own money, from $50k to $5m, for one to twelve months, secured by a first mortgage, second mortgage or caveat over residential or commercial property anywhere in Australia. It does not matter whether the property is a terrace in inner Sydney, a warehouse in an industrial estate outside Perth, a strata office in Canberra or a family home on acreage in the Adelaide Hills. If it is Australian property and the loan is for a business purpose, we can look at it.

Our only office is at 116 Miller St, North Sydney. We do not have branches, and we do not need them. Business owners and brokers in every state deal with us the same way: by phone and email, directly with the people who assess and approve the loan. There is no credit committee to wait on, and the person who answers the phone is often the person who makes the decision.

Why your location doesn't slow anything down

Two things used to make interstate lending slow: getting a valuer out to the property, and getting documents signed and settled across state lines. Neither applies here.

• No valuer visits. We don't order a valuation before approval. Nobody needs to meet a valuer at the property, so it makes no difference whether the security is ten minutes from our office or four hours from the nearest capital city.
• Electronic settlement. Settlement happens electronically, so a loan secured over property in Hobart or Perth settles the same way as one secured in Sydney.
• No financials pack. For a property-secured loan we don't ask for tax returns, BAS, profit and loss statements, an accountant's letter or bank statements. We still need ID, property and existing mortgage details, the purpose of the loan and evidence of the exit.

The result is that conditional approval can often be given on the phone, a term sheet issued in about 30 minutes once we have the scenario, and eligible loans can settle in as little as 24 hours. Every scenario is different, so we never guarantee approval or timing, but distance is not the thing that holds a loan up.

How a loan runs, wherever you are

1. Call 1300 123 024 or start at /apply/. Tell us how much you need, what it is for, the property you can offer and how you plan to repay.
2. Get an answer on the call. If the scenario works, we can often give conditional approval while you are on the phone.
3. Receive a term sheet, usually within about 30 minutes, showing the loan amount, term and full cost before you commit to anything.
4. Send the basics: ID, property details, existing mortgage details and exit evidence.
5. Sign and settle. Documents are prepared, signed and the loan settles electronically. Eligible loans can settle in as little as 24 hours.

Choose your area

Every local economy has its own pressure points, from seasonal trade on the Gold Coast to long payment terms for resources contractors in Perth. Each page below covers the industries we see in that region, the kinds of property that are typically offered as security and the questions local business owners ask most.

If your area isn't listed, it doesn't matter. We lend against property in regional towns, rural-residential areas and smaller cities too. The location pages are there to show the local detail, not to limit where we lend.

What can be used as security

Equity Tap lends against residential and commercial property. That includes the family home, an investment property, a holiday house, a strata office, a shop, a factory or an industrial unit. The property can be owned by you, your company or a related party who agrees to provide security. With a second mortgage, your existing first mortgage stays exactly where it is, although the first lender's consent may be needed. If the property is unencumbered, a first mortgage is usually the cleanest option, and a caveat can suit the very fastest deals.

Why business owners and brokers outside Sydney use a direct lender

Banks commonly take up to three months or more to refinance, and they usually want years of financials and a clean credit history. Cash flow lenders can be quick for small amounts but often decline or cap anything larger. A short-term secured loan from a direct lender fills the gap: get the money fast, keep it only as long as you need it, and repay it from a clear exit such as a refinance, a property sale, receivables, business cash flow or the sale of the business.

We are business owners lending to business owners, not bank people. We understand that a cash crunch in Townsville or Bunbury is just as urgent as one in the Sydney CBD. We are an ethical lender: we make sure you fully understand the loan, the costs and the exit before anything proceeds. Each loan is priced on the client's individual circumstances, aiming for the sharpest rate available for that situation, with the full cost shown up front.

Brokers anywhere in Australia can send scenarios through our broker page and deal with the same lending team, with a fast indicative answer so they can keep the client.

Talk to us today

Wherever your business is based, the quickest way to find out what is possible is to call 1300 123 024 or apply online. You can also schedule a call at a time that suits your time zone.

Business-purpose lending only. Approval, timing and terms depend on the scenario.

Frequently asked questions

Brokers: send the scenario through the Equity Tap broker channel and you will deal with the same lending team.