Borrow with us
Unlock your property equity with first and second mortgage structures designed for business growth.
PBL lends against commercial orinvestment property you already own — no sale, no refinance, no waiting.
First Mortgage Finance
Gain access to capital by using your property’s title as security — a straightforward way to unlock funds at competitive rates.Learn more
Second Mortgage Finance
Tap into your property’s existing equity for additional funding, all without needing to refinance your current loan.Learn more
First Mortgage Finance
A first mortgage is the primary loan secured against a property title. It holds the “first priority” position, meaning it is the primary claim on the asset. Because it offers the highest level of security for the lender, first mortgages typically come with our most competitive private lending rates, starting from 10%.
At PBL, we provide first mortgage funding from 150K to 10M, using our internal property evaluation team to bypass the months of red tape associated with traditional bank approvals.
Common Use Cases
Property Acquisitions: Securing commercial or investment assets quickly when bank finance isn’t an option.
Large-Scale Working Capital: Injecting significant liquidity into a business for expansion or stock.
Refinancing Expensive Debt: Moving away from high-interest short-term facilities into a structured first mortgage.
Major Business Pivot: Funding a significant change in operations or market entry.
Eligibility
To qualify for a first mortgage with PBL, your business generally requires:
Commercial or Investment Property: An asset with sufficient equity to be used as collateral (we do not lend against residential owner-occupied property).
Clear Loan Purpose: A defined strategy for the funds, such as growth, equipment purchase, or debt consolidation.
Exit Strategy: A clear plan for how the loan will be repaid or refinanced at the end of the term.
Business Entity: Loans must be for a registered Australian business or investment purpose.
Second Mortgage Finance - without disturbing your existing first mortgage
A second mortgage allows you to unlock the equity in your property. It sits “behind” your current bank loan, meaning you don’t have to go through the hassle or cost of refinancing your primary debt.
This is an ideal solution for businesses that need urgent capital but want to keep their current low-rate bank mortgage intact. Because we use our own capital, we can often approve and fund second mortgages within 24 hours.
Why Choose Second Mortgage Finance?
Preserve Your Current Rate: Keep your existing long-term bank finance exactly as it is.
Rapid Access to Equity: Access from 150K to 10M in additional funding based on the increased value of your commercial asset.
Short-Term Agility: Ideal for bridging 3–12 month gaps or settling immediate ATO liabilities.
At Property Based Lending (PBL), we can often service and fund loans within 24 hours. Because we use our own capital and do not syndicate deals to outside investors, we bypass the typical industry delays.
Typical approval time:
- Traditional Banks: 4–8 weeks
- Syndicated Private Lenders: 1–2 weeks
- Property Based Lending (PBL): Often within 24 hours
Look for a direct lender rather than a broker or a syndicate. A direct lender uses their own capital to provide faster approvals and more reliable terms. You should also ensure they have an internal evaluation team to accelerate the process. PBL offers this exact model—providing Australian businesses with property-secured loans of 150K to 10M starting from 10%, backed by three decades of private lending expertise.
Choosing Property Based Lending (PBL) means partnering with a direct lender that prioritizes speed and certainty. With over 30 years of experience, we provide private lending secured against property, offering first and second mortgages ranging from $150K to $5M to Australian businesses and brokers.
What truly sets PBL apart is that we use our own capital; we do not syndicate deals to individual investors, allowing us to make immediate internal decisions. Backed by our own property evaluation team, we offer the quickest turnaround on the market with rates starting from 7.99%, delivering the urgent, results-driven finance your company needs.
We provide flexible, property-secured loans ranging from 150K to 10M. Whether you need a first or second mortgage, our internal team can quickly assess your situation to deliver the capital your business requires.