Private lending › About
About Thrift Private.
We are finance brokers who specialise in one thing: placing property-secured loans with private and non-bank lenders.
Thrift Private is the private lending arm of Thrift Capital. Where Thrift Capital covers equipment, asset and business finance, Thrift Private handles the property-secured side: first and second mortgages, caveat loans, bridging, development, land and commercial facilities.
We do not lend our own money. We are brokers, and being clear about that matters, because it changes what we are useful for. A lender can only offer you its own product. Our job is to know which of dozens of private and non-bank funders will actually look at your deal, what each will want to see, and what each will charge, then run the process from first call to settlement.
Why the private market needs a broker
The Australian private lending market is fragmented, and the part that matters is not published. Most funders will show you an indicative rate range and a maximum LVR. What they will not show you is what they are actually writing this month, which asset classes they have quietly stepped back from, or how they will price a specific deal once a valuation lands. One funder will take a regional industrial site at 70% and decline a vacant CBD office at any price. Another will fund construction with no presales but insist on a quantity surveyor's report before issuing terms. None of that is on a website.
None of that is discoverable from the outside. It is learned by placing deals. Sending a file to the wrong lender costs a week and produces a decline that tells you nothing. Sending it to the right one gets written terms back the same day.
How we work
- We give you an honest read before you spend anything. If we think the deal will not fund, or that a bank or a cheaper structure would serve you better, we say so.
- We do not shotgun applications across a panel. Multiple simultaneous enquiries damage your position and rarely improve the outcome.
- We tell you what a facility actually costs in dollars over its real term, not just the headline rate.
- We test the exit before placing the loan. A facility that cannot be repaid is not a good outcome for anyone in the chain.
Credentials
Thrift Private is a brand of CF Financial Services Pty Ltd, ABN 42 675 623 417. We operate as Credit Representative 560115 of Loan Market Group Pty Ltd, Australian Credit Licence 517192.
Loan Market Group is one of Australia's largest mortgage broking groups. Operating under its licence means our conduct is subject to the licensee's compliance framework, the National Consumer Credit Protection Act where it applies, Australian Consumer Law, and ASIC oversight.
Contact
22 Giffnock Ave, Macquarie Park NSW 2113
Phone 0478 715 429