Non-bank lender

A non-bank lender is a lending institution that is not an authorised deposit-taking bank but operates at meaningful scale, often funding its lending through wholesale debt markets or securitisation rather than deposits or purely private capital. Non-bank lenders sit between banks and smaller private lenders in the panel, often matching a bank's product range and pricing more closely than a private lender does, while still offering more flexible credit policy on servicing, documentation or borrower profile than a bank typically will. They are a significant and established part of the Australian lending market across commercial property, asset finance and low-doc lending, not a fringe alternative to it. Solara's panel includes banks, private lenders, non-bank lenders and specialist funds, and a non-bank lender is often the right fit for a borrower whose file is a little outside a bank's policy but does not need the speed or flexibility of a private or specialist facility.

Related

Commercial property loans · Private credit · Specialist fund