A new era for lending in Australia
Non-bank lenders in Australia are quickly becoming a popular alternative to traditional banks. Driven by borrower demand for flexibility, faster access to funds and personalised service, this shift is reshaping how individuals and businesses approach finance.
At ASCF, we have seen firsthand how non-bank lending can support borrowers with tailored, short-term lending solutions when traditional options fall short. This rise is more than a trend—it reflects a broader evolution in how finance is delivered across the country.
What is a non-bank lender?
Non-bank lenders are financial institutions that offer loans without being a licensed bank. They are regulated differently and often operate with more flexibility, allowing them to serve clients who may not meet standard bank lending criteria.
ASCF, for example, is a private lender that provides property-secured short-term loans for individuals and businesses. We focus on delivering funding with fast turnaround times and clear, transparent terms.
Benefits of non-bank lending in Australia
1. Flexible loan assessment
Unlike traditional lenders, non-bank providers like ASCF take a broader view of creditworthiness. We assess each loan application based on its individual merit, considering the borrower’s goals, asset position and the strength of the opportunity.
2. Faster approvals
When time matters, speed is essential. Our streamlined processes often allow us to approve loans faster than traditional lenders, subject to credit assessment and due diligence. This is especially valuable for bridging finance or urgent settlement funding.
3. Personalised service
We work closely with clients to understand their needs and deliver a loan structure that makes sense for their situation. Whether a borrower needs a short-term business loan, funds to secure a property, or a solution to a timing gap, we aim to provide a supportive and tailored experience.
Why more Australians are choosing private lenders
Recent data supports this growing trend. The Reserve Bank of Australia reports that non-bank lenders now represent approximately 11 percent of total business lending and 25 percent of small business lending nationwide.
Borrowers are choosing non-bank options not just because banks are becoming more selective, but because private lenders offer funding solutions that align better with real-world needs. The demand for responsive, relationship-driven finance is increasing—and non-bank lenders are delivering.
Common use cases for non-bank loans
- Bridging loans between property purchases and sales
- Short-term business funding to manage cash flow
- Property-backed loans for borrowers with unconventional income
- Loans required on a fast timeline where traditional lenders cannot act quickly
Responsible lending still comes first
At ASCF, we are committed to responsible lending practices. All loans are subject to thorough credit assessment, and we encourage borrowers to carefully consider their ability to meet repayments.
It is important to review the full terms and conditions of any loan, compare options, and seek independent advice where needed. Transparency, integrity and client outcomes are central to how we operate.
Looking ahead
As lending needs continue to evolve, the role of non-bank lenders in Australia will keep growing. Borrowers are actively seeking alternatives that are fast, flexible and personalised. For those seeking a more tailored approach to finance, non-bank lenders are becoming the go-to option.
At ASCF, we are proud to help lead this shift by offering clear, practical lending solutions designed to meet the needs of today’s borrowers.
Looking for a faster, more flexible lending option?
Explore our range of short-term loan products or speak with our team to see how we can support your next move.
Sources
Reserve Bank of Australia, Financial Stability Review, October 2024
Australian Bureau of Statistics, Lending Indicators, September 2024
Monash MSMF Institute Publication, October 2024
Want to learn more? Contact us today!
Disclaimer
This information is general in nature and does not constitute personal financial advice. It does not take into account your objectives, financial situation or needs. Before making any financial decision, you should consider whether it is appropriate for your circumstances and seek professional advice. All loans are subject to ASCF’s credit assessment and lending criteria.
