Vía Private

The Credit Box

Lending Parameters

Vía Private lends $1,000,000 to $20,000,000 against completed property on Australia's East Coast, in first or second mortgage position, to companies and trusts for business or investment purposes. Indicative terms are provided within 24 business hours of a complete submission, and all parameters below are indicative - we may work outside them for the right deal.

At a Glance

First mortgage loan size
$1,000,000 - $20,000,000
Second mortgage loan size
$500,000 - $7,500,000 (residential), $1,000,000 - $7,500,000 (commercial)
Loan term
6 - 36 months
Borrowers
Companies and trusts, for business or investment purposes (non-NCCP)
Geography
Australia's East Coast: NSW, VIC, QLD and the ACT
Indicative terms
Within 24 business hours of a complete submission

First Mortgage

First registered mortgage lending over completed residential, commercial, industrial and retail property. The full product detail lives on the first mortgage parameters page.

Loan size
$1,000,000 - $20,000,000
Security
First registered mortgage over completed Australian real property
Max LVR - Metro residential
Up to 75% of as-is value (incl. all capitalised interest and fees)
Max LVR - Metro commercial / industrial / retail / office
Up to 75% of as-is value
Max LVR - Special use (childcare, petrol stations, etc.)
Up to 60% of as-is value
Max LVR - Regional residential
Up to 65%
Max LVR - Regional commercial
Up to 60%
Max LVR - Destinational residential
Up to 55%
Repayment type
Interest only - capitalised (prepaid) or serviced monthly depending on the scenario
Valuation basis
As-is only - no "as if complete", "best use" or residual / development value credited
Security package
1st registered mortgage, PPSR/GSD, personal guarantee, share security

Second Mortgage

Second registered mortgage lending behind a bank or ADI-grade senior lender. Combined LVR includes the senior debt. Full detail on the second mortgage parameters page.

Loan size - Residential
$500,000 - $7,500,000
Loan size - Commercial / Industrial / Retail
$1,000,000 - $7,500,000
Max combined LVR - Metro
Up to 75% (1st + 2nd combined, incl. all capitalised interest and fees)
Max combined LVR - Regional residential
Up to 65%
Max combined LVR - Regional commercial
Up to 60%
Max combined LVR - Destinational residential
Up to 55%
Senior lender requirement
Existing first mortgage must be held by a bank, ADI, or ADI-like lender (e.g. Pepper Money, Resimac, Liberty Financial) - not a private lender
Priority arrangements
Deed of Priority with the senior lender, coordinated by us
Security package
2nd registered mortgage, PPSR/GSD, personal guarantee, share security

Purposes and Exclusions

Common purposes we fund

  • •Business working capital and expansion
  • •Bridging between a purchase and a sale or refinance
  • •Equity release behind an existing bank facility
  • •Residual stock refinance at practical completion (up to 70% LVR)
  • •ATO, GST or CGT liabilities ahead of a sale or refinance
  • •Time-critical refinance away from a lender that has issued a demand

What we do not fund

  • •Construction or development funding - we lend against completed property only
  • •Land bank, vacant land, or pre-DA sites
  • •Valuations on an "as if complete", "best use" or residual development basis
  • •Second mortgages behind private credit funds, non-bank private lenders, or related-party first mortgages
  • •Consumer credit regulated by the National Credit Act (limited exceptions for unregulated bridging to individuals)

Exit Requirements and Timeline

Accepted exit strategies

A credible, documented exit must be specified at the time of application.

  • •Sale of the security property or another property
  • •Refinance to a bank or long-term facility
  • •A defined liquidity event (e.g. settlement of another transaction)

Indicative timeline

  • •Indicative terms within 24 business hours of a complete submission
  • •Registered mortgage settlements targeted within 5-10 business days of complete documentation
  • •Caveat facilities can settle faster where urgency is extreme

Rates and establishment fees are not published online - the full schedule is in the Broker Guide PDF, available on the brokers page.

Qualifying Locations

Location affects the maximum LVR. Other locations are considered case by case and may attract adjusted LVRs and pricing.

Major Cities

Sydney (50km radius), Melbourne (35km), Brisbane (20km), Gold Coast (20km), Canberra (10km)

Regional Cities

Newcastle, Wollongong, Geelong, Central Coast NSW

Destinational

Byron Bay, Southern Highlands, Mornington Peninsula, Noosa

All parameters are indicative and subject to final credit assessment.

Have a scenario in mind?

Not every deal fits neatly inside the box. If your scenario is close, or unusual but strong on fundamentals, submit it or talk to us directly.

Submit a DealRead the FAQ