A private lender business mortgage is finance secured against property, provided by a private (non-bank) lender rather than a bank or credit union. Private lenders assess deals on the security's value and a credible exit strategy — sale, refinance, or project completion — rather than solely on serviceability and policy checklists the way banks do. That's what allows them to fund scenarios banks won't touch: tight settlement timeframes, non-conforming security, or a mortgage position banks don't offer, like a 2nd mortgage behind an existing loan. On Finwave's panel, rates run from 6.69% to 24% p.a. depending on mortgage position, security and exit strategy — higher than bank finance, reflecting the speed and flexibility on offer.

A 1st mortgage is the primary charge registered against a property — if the property is sold or the borrower defaults, the 1st mortgage holder is repaid first. A 2nd mortgage sits behind an existing 1st mortgage (usually a bank) already registered on the same property; the 2nd mortgage lender is repaid only after the 1st mortgage is satisfied, which is why 2nd mortgages carry higher risk for the lender and price toward the top of the 6.69%–24% p.a. range. A 2nd mortgage lets you access equity without refinancing or disturbing your existing 1st mortgage — useful when your current loan has a good rate or an early-exit penalty you don't want to trigger.

Private lender mortgages typically settle in days rather than the weeks a standard bank mortgage approval takes. Because private lenders assess the security and exit strategy directly rather than running a deal through full bank credit committee policy, straightforward matters can move from application to funds in under a week. The exact timeline depends on how quickly a valuation can be arranged, whether existing mortgage discharge or consent is needed, and how complete your documentation is at the outset — we'll give you a realistic timeframe once we understand your specific deal.

Most legitimate business and commercial purposes, bridging finance while a property sale or refinance completes, funding a time-critical opportunity a bank can't approve fast enough, paying out a tax debt or judgment before it escalates, releasing equity for working capital or expansion, or completing a purchase where the settlement date can't be pushed out to suit a bank's timeline. Private lenders generally require a clear statement of purpose and a credible exit strategy, how and when the loan will be repaid as part of assessment.

Private lender mortgages are typically short-to-medium-term facilities — commonly 1 month to 2 years, depending on the lender and purpose — used as a bridge rather than a long-term structure. At the end of the term, the loan is usually repaid through the exit strategy agreed at application: sale of the security property, refinance to a bank or another lender once your situation normalises, or completion of the project the funds supported. Extensions are sometimes available if needed, but the facility is priced and structured around a defined exit, not an open-ended arrangement.

Finwave arranges private lender mortgages primarily for business and commercial purposes bridging finance, working capital, time-critical settlements and similar scenarios. If you're an individual seeking private finance for a purpose unrelated to a business (a family law settlement, personal bridging finance, or similar), speak with us directly, the assessment approach is similar, but the right lender and structure can differ from a business-purpose facility. Tell us your situation and we'll point you to the right option.

We use a soft credit assessment to shortlist private lenders and indicative terms — this doesn't appear as a hard enquiry on your credit file or affect your score. A formal credit enquiry is only lodged with the lender you choose to proceed with. Private lender assessment weighs the security and exit strategy heavily, so your credit file, while still reviewed, typically carries less weight than it would with a bank mortgage application.

Finwave is paid a commission by the lender once your private lender mortgage settles not by you directly. The commission is fully disclosed in writing in our Credit Guide before you proceed, as required under our Australian Credit Licence (ACL 561258). There are no upfront fees to use Finwave, and no charge if you decide not to proceed.

Caravan loans in Australia in 2026 typically range from 6.94% p.a. to 14.99% p.a. (secured, consumer). Most mainstream lenders sit between 7.5% and 11% p.a. for borrowers with good credit, a new or recent-model van and a 10–20% deposit. Specialist lenders fund used, older or off-road vans and applicants with impaired credit at rates between 11% and 15% p.a. Finwave compares 80+ Australian lenders to find your lowest personalized rate, with a single soft credit check that doesn't impact your score.

Yes, in many cases. Finwave works with specialist non-conforming lenders who assess applications individually rather than scoring you out automatically. Past defaults, judgments and discharged bankruptcies are all funded by lenders on our panel, particularly when the van is good security and current income comfortably supports repayments. Rates are higher than for prime credit — typically 11.99% p.a. or higher — and a deposit usually helps. We'll tell you upfront which lenders will consider your situation and at what indicative rate, before any formal credit enquiry.

Yes. Lenders assess retirees on regular income and assets rather than employment. Aged or service pension, superannuation drawdown, allocated pension income, rental income and investment income are all accepted by lenders on our panel. Couples can apply jointly so both incomes count. Loan terms may be capped (some lenders cap at age 75 at end of term, others extend further). Finwave knows which lenders are most receptive to retiree applicants — we don't waste your time with banks that automatically decline based on age.

Not always. Many lenders fund 100% of the purchase price for borrowers with strong credit and a new or near-new caravan, especially when buying from a dealer. A deposit of 10–20% typically lowers your rate, increases approval likelihood and may open access to lenders that don't fund 100% loans. For used, older or off-road vans, or for applicants with impaired credit, a deposit becomes more important — we'll tell you upfront whether a deposit will materially improve your offer.

Yes. Most lenders on Finwave's panel fund used caravans up to around 10 years old at the end of the loan term — so a 5-year-old van on a 5-year loan is usually fine. Specialist lenders extend to older vans (up to 20 years) for well-maintained examples with current registration and a recent valuation. Used caravan loans are available for purchases from dealers, private sellers, online listings (Caravan Camping Sales, Gumtree, Facebook Marketplace) and auctions — we coordinate the inspection and settlement direct with the seller.

Yes. Off-road, hybrid and composite caravans (Bushtracker, Kimberley, Goldstream, Modcon, Track Trailer, Black Series and similar) are funded by specialist lenders on Finwave's panel. Off-road vans typically attract slightly tighter loan-to-value ratios because of their slower resale curve in the used market, but rates are comparable to standard caravan loans. We've arranged finance for everything from a $40k composite hybrid to a $250k full-blown off-road expedition van.

For personal use — family holidays, the big lap, recreational travel — caravan finance is generally not tax-deductible, regardless of whether you finance or pay cash. For business use, the interest, depreciation and (for GST-registered businesses) the GST on the purchase price are generally deductible to the extent the van is used to produce assessable income. Eligible business uses include caravan rental fleets, peer-to-peer sharing platforms (subject to ATO sharing-economy rules), tour operators, on-site park accommodation and genuine business travel. Always confirm with your accountant.

Most caravan loans in Australia run from 1 to 7 years. A small number of specialist lenders extend to 10 years for high-value new vans. Longer terms reduce your weekly repayment but increase total interest paid; most Finwave clients settle on a 5-year term as the practical balance between repayment size and interest cost. You can pay extra or pay out the loan early — most caravan loans have no penalty for additional repayments and modest fees for full early payout, depending on lender.

A caravan loan is a secured personal loan where the van itself is collateral. This security lets the lender offer materially lower rates (typically 6.94%–14.99% p.a.) than an unsecured personal loan (often 11%–25% p.a.) for the same borrower. The trade-off is the lender can repossess the van if you default. For caravan purchases above $10,000, a secured caravan loan is almost always cheaper than an unsecured personal loan. Unsecured personal loans only win when the van is below most lenders' secured minimum or you want to borrow more than the van's market value.

Yes. Most lenders on Finwave's panel fund private sale and auction caravan purchases. The lender will typically require a current registration check, a PPSR (Personal Property Securities Register) clearance to confirm there's no existing finance owing on the van, and in some cases an independent valuation or inspection. We coordinate this for you and arrange direct settlement with the seller or auction house — you don't need to handle the funds movement yourself.

No. We use a soft credit assessment at the quote stage — this does not impact your credit score and doesn't show as a hard enquiry on your credit file. We only lodge a formal credit enquiry with the single lender you choose to proceed with. Going direct to multiple lenders yourself generates multiple hard enquiries, each of which can lower your score temporarily and signal financial stress to other lenders. Your credit file stays clean throughout our process until you tell us to proceed.

Finwave is paid a commission by the lender once your caravan loan settles — not by you directly. The commission is fully disclosed in writing in our Credit Guide before you proceed, as required under our Australian Credit Licence (ACL 561258). Our commission does not inflate your interest rate — we access wholesale lender pricing, so clients typically secure rates equal to or better than going direct to the same lender. There are no upfront fees to use Finwave and no charge if you decide not to proceed.

Chattel Mortgage — Your business owns the van from day one. Most popular for GST-registered businesses: claim the GST on next BAS, claim depreciation, and potentially access the Instant Asset Write-Off if you qualify. The lender holds security over the asset until the loan is repaid. Finance Lease — The lender owns the van and your business pays to use it. Repayments are generally fully tax-deductible against business income. Suitable for businesses wanting off-balance-sheet treatment or a return-of-asset option at end of term. Commercial Hire Purchase — Pay instalments and take ownership automatically at end of term. Predictable repayment schedule, fixed rates. Less common for caravans than chattel mortgage but available where it suits the cash-flow structure. Operating Lease — Use the van and return it at end of lease. Suits rental fleets that turn over assets regularly. Fully deductible payments, no residual risk.

The ATO requires the caravan be used to produce assessable income for the finance to be tax-effective. Typical eligible uses include: • Caravan rental fleets (commercial hire businesses) • On-site park accommodation (permanently-sited rental caravans) • Tour operators / mobile businesses (where the van is the business) • Mining or remote-work accommodation • Peer-to-peer caravan sharing platforms such as Camplify — subject to specific ATO sharing-economy guidance • Genuine business travel where the van is the primary work-related accommodation Caravans used only for family holidays or personal travel are not tax-deductible regardless of how they're financed. Always confirm deductibility with your accountant before purchase.

Six factors do most of the work: credit profile (Equifax score, defaults, judgments), employment type (PAYG vs self-employed vs retiree), caravan age (new vans get the best rates; over-10-year-old vans need a specialist), deposit size (a 20% deposit can move you a full percentage point), loan term (longer terms reduce monthly repayments but can attract slightly higher rates), and finance structure (secured caravan loan vs unsecured personal loan vs business chattel mortgage). Off-road and hybrid vans, fifth-wheelers, imported vans and motorhomes all attract policy variations from lender to lender. Finwave's job is to know which lender's policy fits your exact circumstances — and what rate they'll actually offer once you apply. Lender funding costs are also shaped by the broader interest rate environment set by the Reserve Bank of Australia.

A secured caravan loan is almost always cheaper than an unsecured personal loan for the same purpose. Secured caravan loans typically run from 6.94%–14.99% p.a.; unsecured personal loans typically run from 11%–25% p.a. for the same borrower. The trade-off: with a secured loan, the van itself is collateral, so the lender can repossess if you default. Unsecured personal loans only win in two cases: (1) the van is below most lenders' secured minimum (typically $10,000), so you can't get a secured loan at all; or (2) you want to borrow more than the van's current market value, which secured lenders won't fund. For everything else — go secured.

Checking eligibility with Finwave uses a soft enquiry and does not affect your credit score. A hard enquiry only occurs if you proceed with a specific lender's formal application and we'll tell you before that happens.

Most approved applications are funded within 24 hours. Straightforward applications can receive same-day funding when submitted before 2pm AEST with complete documentation.

For most lenders: 6 months of business bank statements, your ABN, and a valid driver's license. Loans over $250K may require additional documents such as BAS statements or financials. We'll tell you exactly what's needed for your specific lender match.

Different lenders suit different businesses. Some are faster, some offer lower rates, some specialize in specific industries or loan sizes. By comparing 80+ lenders, we find the best match for your situation rather than forcing you into a one-size-fits-all product.

Rates and fees vary by lender, loan amount, term, and your business profile. There is no cost to use Finwave — we are paid by the lender only upon successful settlement. You'll see all rates, fees, and terms clearly before you accept any offer.

Yes. Finwave Financial Services Pty Ltd holds Australian Credit License 561258 and is an approved member of the Finance Brokers Association of Australia (FBAA). ABN 40 679 668 645.

Yes, in many cases. Finwave works with specialist non-conforming lenders who assess applications individually. Factors like business cash flow, asset strength, and trading history are all considered alongside your credit profile. If a bank has declined you, contact Finwave, we may still be able to find a solution.

We specialise in: Business & Commercial Loans, including working capital, equipment finance, and commercial property loans. Car Loans, Secured car loans for individuals and businesses. Personal Loans, for cars, home renovations, debt consolidation, and more. Equipment Finance, for machinery, vehicles, and other business assets. Low Doc Loans, tailored solutions for those who may not meet strict bank criteria. Caravan Loans, Whether you’re looking to buy your first caravan or upgrade to something bigger, our tailored finance solutions are designed to suit your needs.

Absolutely. Our team manages the entire finance process from application to settlement keeping you updated at every step, so you can focus on selling.

In many cases, we can secure finance approvals within 24–48 hours, depending on the complexity of the application and the documentation provided.

Yes. We provide clear communication and real-time updates so you’re always informed about where each finance deal stands.

The benefit of working with a Finwave broker instead of going to a bank is. We have access to over 45+ Lenders ensuring you get competitive rates and terms, unlike the banks who only offer their products. At Finwave we compare various loan options and negotiate on your behalf to get you the best deal possible for your circumstances. What else can Finwave help me with? We offer more than just car loans. Our team specializes in securing competitive rates for Business, Equipment, Caravan, and Personal financing.

We specialise in: Business & Commercial Loans, including working capital, equipment finance, and commercial property loans. Car Loans, Secured car loans for individuals and businesses. Personal Loans, for cars, home renovations, debt consolidation, and more. Equipment Finance, for machinery, vehicles, and other business assets. Low Doc Loans, tailored solutions for those who may not meet strict bank criteria. Caravan Loans, Whether you’re looking to buy your first caravan or upgrade to something bigger, our tailored finance solutions are designed to suit your needs.

Buying a car, boat, or motorcycle. Home renovations. Debt consolidation (combining multiple debts into one loan). Medical expenses or emergency costs. Travel, weddings, or major life events.

Finwave offers a range of business financing options, including: Unsecured Business Loans , No security required and quick approvals. Secured Business Loans, Lower interest rates by using assets as security. Equipment & Asset Finance, Spread the cost of machinery or vehicles. Invoice Financing, Unlock cash flow by borrowing against unpaid invoices. Commercial Property Loans, Financing for purchasing business premises.

Finwave helps businesses finance a wide range of equipment, including: Construction machinery (excavators, loaders, cranes). Commercial vehicles (trucks, utes, vans, buses). Agricultural and farming equipment (tractors, harvesters, irrigation systems). Medical and dental equipment (X-ray machines, dental chairs, MRI scanners). Manufacturing and industrial machinery. Office technology (computers, servers, printers).

Finwave offers clients a personalised interest rate that is based off their unique circumstances and credit history. To find out more about what your personalised rate will be, please fill out our quote form or give us a call we will be in touch the same day.

You can borrow for a term of 12 months all the way up to 7 years depending on your circumstances and needs.

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Choosing between a dealership and a broker often comes down to convenience versus cost and choice. While dealer finance can be arranged on the spot, you are often restricted to a single lender and "retail" interest rates that may be marked up to cover the dealer's commissions. A broker like Finwave acts as your advocate, comparing "wholesale" rates from a panel of over 80 lenders to find a deal that suits your financial situation, not just the dealer's sales targets. What else can Finwave help me with? We offer more than just car loans. Our team specializes in securing competitive rates for Business, Equipment, Caravan, and Personal financing.

Yes, having a bad credit rating or previous defaults doesn't necessarily stop you from getting a car loan. There are specialist "second chance" lenders in Australia who look beyond just your credit score to assess your current ability to repay. While these loans might come with a slightly higher interest rate to cover the risk, a broker can help structure your application, perhaps by adding a deposit to improve your chances of approval.

Financing a private sale is very similar to buying from a dealer, but with a few extra safety steps. Since the lender pays the seller directly, we perform a PPSR (Personal Property Securities Register) check on the vehicle to ensure it hasn't been written off, stolen, or currently under finance by someone else. This gives you the security of a dealership transaction while allowing you to take advantage of the lower prices often found in the private market.

Getting pre-approval effectively turns you into a "cash buyer." It gives you a strict budget and signals to sellers that your finance is sorted and you're ready to buy immediately. This gives you significant leverage during price negotiations and stops dealers from trying to bundle the car price with their own finance packages.

Absolutely. Refinancing involves taking out a new loan to pay off your existing one, ideally with better terms. This is a great option if your credit score has improved since you bought the car, or if interest rates have dropped. You might be able to secure a lower interest rate or extend the loan term, both of which can reduce your monthly repayments and improve your cash flow.

Yes — in many cases. Finwave works with specialist non-conforming lenders who assess applications individually. Factors like asset strength, business cash flow, and credit improvement over time are all considered. If a bank has declined you, contact Finwave — we may still be able to help.

Yes. Finwave can arrange finance for purchases through dealerships, private sellers, and auction platforms. Documentation requirements differ slightly — we recommend getting pre-approved before you bid or buy.

Yes. Some lenders approve equipment finance for businesses as young as 6 months — particularly for commercial vehicles and standard machinery. Start-ups may need a deposit or guarantor. Finwave will identify the lenders most open to new business applications.

For a secured loan, where the caravan acts as collateral, most lenders require the asset to be no older than 15 to 20 years at the end of the loan term. For example, if you want a 5-year loan, the caravan generally shouldn't be older than 15 years when you buy it. If you're looking at a vintage van or an older model to renovate, we can often arrange an Unsecured Personal Loan instead, which doesn't have these strict age limits. What else can Finwave help me with? We offer more than just caravan loans. Our team specializes in securing competitive rates for Business, Equipment, Car, and Personal financing.

A balloon payment is a lump sum that you agree to pay at the very end of your loan term. By pushing a chunk of the principal (e.g., 30%) to the end, your regular monthly repayments become much lower. This can make a more expensive caravan affordable now. When the loan ends, you can choose to pay the balloon amount in cash, refinance it, or sell the caravan to cover the cost.

Yes, you can often bundle the "drive-away" costs into your finance. Lenders frequently allow you to include the cost of permanent accessories like solar panels, awnings, and air conditioning, as well as your first year of comprehensive insurance and registration. This helps you avoid a large upfront cash outlay and keeps everything in one manageable repayment.

From a finance perspective, you generally only need a standard open driver's license. However, responsible lenders will want to ensure the caravan you are buying can be legally towed by your vehicle. If the caravan is very heavy, you might need a vehicle with a higher towing capacity or, in some states, a specific license endorsement. We help check that your car and caravan combination is compliant so your approval goes smoothly.

This is becoming a very common question. Some secured lenders have restrictions if the caravan is your only residence because it complicates the process if they ever need to repossess the asset. If you plan to live in the van permanently with no fixed address, we may recommend an Unsecured Personal Loan. This is assessed based on your income and credit history rather than the asset's use, giving you the freedom to travel indefinitely.

A "Low Doc" loan is perfect for self-employed business owners who haven't completed their latest tax returns yet. Instead of using tax returns to prove your income, we can use alternative documents like your Business Activity Statements (BAS), business bank statements, or an income declaration from your accountant. Generally, you need to have an ABN and have been trading for at least 6 to 12 months to qualify. What else can Finwave help me with? We offer more than just Business loans. Our team specializes in securing competitive rates for Caravan, Equipment, Car, and Personal financing.

Yes, Finwave offers access to unsecured business loans where you don't need to put your home or commercial property on the line. For loan amounts typically under $250,000, lenders will assess the strength of your business turnover and cash flow rather than physical assets. This is a faster, lower-risk way for many business owners to access capital.

Modern business lending is incredibly fast. If you are applying for an unsecured loan and have your business bank statements ready (or use digital linking), you can often get an approval in a few hours. Once approved, funds are frequently deposited into your account within 24 hours, sometimes even the same business day.

It is more challenging for startups, but not impossible. Major banks often require 2 years of history, but alternative lenders are more flexible. If you have been trading for at least 3 months and can show consistent monthly revenue, we have lenders who can assist. For brand new businesses with no trading history, we might look at a loan secured by a vehicle or property to get you started.

Generally, no. When you enquire with Finwave, we perform a "soft check" or an internal assessment to match you with lenders. This doesn't leave a mark on your credit file. A "hard enquiry," which other lenders can see, usually only happens once you accept a specific quote and authorize us to proceed with the formal application.

With a chattel mortgage, your business owns the equipment from settlement and the lender takes security over the asset. You may be able to claim GST upfront and depreciation benefits (subject to accountant advice). With a finance lease, the lender owns the equipment and your business makes lease payments for its use, which are generally tax-deductible operating expenses. What else can Finwave help me with? We offer more than just Equipment loans. Our team specializes in securing competitive rates for Business, Caravan, Car, and Personal financing.

In many cases, yes. Because the equipment itself acts as security, lenders can often fund up to 100% of the purchase price, allowing businesses to acquire assets without using working capital for a deposit. Approval depends on credit profile, business history, and the asset type.

Yes. Many lenders finance used machinery, trucks, and business equipment. They will usually consider the asset’s age, condition, and expected useful life, and may require it to remain within an acceptable age at the end of the loan term.

Government tax incentives allow eligible businesses to claim an immediate tax deduction for the cost of an asset. Importantly, you don't need to pay cash to get this benefit. If you finance the asset using a structure like a Chattel Mortgage (where you own the asset), you can still claim the write-off immediately, while paying the loan off over time. Always check with your accountant for your specific eligibility.

It’s not just for cars and trucks. Most income-producing business assets can be financed, including construction machinery, commercial vehicles, agricultural equipment, manufacturing machinery, medical devices, and IT hardware. If the equipment supports business operations, there is usually a lender willing to fund it.

Equipment loan interest rates in Australia currently range from around 6.49% to 11.00% p.a. for secured loans, depending on your business credit profile, the type and age of the asset, your loan term, and the lender. Finwave compares rates across 45+ lenders and will present the most competitive options for your specific circumstances — with no impact to your credit score during pre-approval.

Most pre-approvals through Finwave are assessed the same business day. Formal approval and settlement typically takes 24 to 48 hours after a complete application is submitted. Larger or complex applications — such as those over $500,000 or involving used assets — may take a little longer. Contact our team directly if your situation is time-sensitive.

Yes — in many cases. While traditional banks have strict credit scoring requirements, Finwave works with specialist non-conforming lenders who assess bad credit equipment loan applications individually. Factors like the strength and age of the asset, your business cash flow, and any improvement in your credit position over time are all considered. If a bank has declined you, contact Finwave — we may still be able to find a solution.

In many cases, no deposit is required. Because the equipment itself acts as security, lenders can often fund 100% of the purchase price — including GST and delivery costs. Whether a deposit is required depends on your credit profile, the lender's policies, and the age and type of asset.

Yes. Finwave can arrange equipment finance for purchases through dealerships, private sellers, and auction platforms — including online auction sites. Documentation requirements differ slightly for private and auction purchases, so we recommend getting pre-approved before you bid.

Yes. Some lenders will approve equipment finance for businesses as young as 6 months — particularly for commercial vehicles and standard machinery. Start-ups may need a deposit or guarantor in some cases. Finwave will identify the lenders most open to new business applications and structure your application for the best chance of approval.

Flexibility is key with modern personal loans. Many of our lenders, especially for variable rate loans do not charge "early termination fees" or exit penalties. This means you can make extra repayments or pay the whole loan off early to save on interest. We can specifically look for these "fee-free" features when finding you a loan. What else can Finwave help me with? We offer more than just personal loans. Our team specializes in securing competitive rates for Business, Equipment, Car, and Caravan financing.

Debt consolidation involves taking out one new personal loan to pay off multiple existing debts, like credit cards or store loans. The goal is to roll everything into one simple repayment with a lower interest rate than your credit cards. This can save you money on interest and make budgeting much easier since you only have one due date to worry about.

You can use a Finwave personal loan for almost any "worthwhile purpose." Common uses include home renovations (like a new kitchen), paying for a wedding, dream holidays, or covering medical expenses. It’s also a great option for buying older cars or assets that might not qualify for a standard secured car loan.

No. At Finwave, requesting an initial rate quote is a "soft check." It allows us to give you an estimate of your rate and repayments without leaving a negative footprint on your credit file. We only do a formal "hard check" once you are happy with the offer and ask us to submit your application to the lender.

The process is largely digital now. You typically need proof of ID (Driver's License) and proof of income. However, instead of scanning piles of paper, most of our lenders use secure technology that allows you to link your bank statements online in minutes. This "paperless" process speeds up the assessment, often getting you an answer within 24 to 48 hours.