Borrowers

As a specialist non-bank lender, we provide bespoke finance solutions to borrowers seeking reliable and competitive funding for commercial and residential assets and development projects. Driven by quality, not quantity we consider our brokers and borrower clients as our partners, and only work with a select group each year.

Our Edge

01
Trust through Integrity
Reliability and consistency are central to the way we approach our broker and borrower relationships. If we say we can do the deal, we do it. Direct access to our decision makers, backed by an in-depth understanding of your project and its funding objectives, means you can always have complete confidence in your credit arrangements.
02
Non-Bank Flexibility
We appreciate no two opportunities are ever quite the same. As a non-bank lender, each application is assessed on its individual merits against a robust, yet flexible criteria. The experience and reputation of the borrower and underlying sponsor is considered just as carefully as the value of the primary security asset itself.
03
Service Excellence
We are committed to assisting those who are under-served in the current market. By fostering high-quality relationships with excellent speed to market, our priority is providing the certainty to borrowers and brokers to ensure their financial requirements are serviced in a professional, prompt and commercial manner, at all times.

“The calibre of staff at Pallas Capital is impressive. The level of communication and responsiveness is consistently high and their approach is flexible; if a problem arises, they work with me to find a solution. It’s a genuine partnership which builds trust, certainty and confidence.”

Jason Arnold
Managing Director
Quattro Finance and Advisory

Fortis forges ahead with two tower Clifton Hill office project
Evening bar restaurant
Sandringham
61-65 Palmerston Crescent

Product Details

We offer five core loan types, detailed below, with our preferred asset locations being metropolitan Melbourne, Sydney and Brisbane. With a strong presence in the mid-market lending landscape, our funding focus is typically between $2-50 million however, depending on the opportunity we can and will lend outside of this range. Flexibility to negotiate LVRs and level of pre-sales for construction loans may also be available in certain circumstances.
Enquire

Residual Stock
Current Interest Rate
From 6.75% p.a.
Security Type
Residential, commercial & industrial security
Loan Purpose
Refinance / equity release
Minimum Loan Amount
$2 million
Maximum Loan Amount
Up to $10 million. POA > $10 million
Maximum LVR
65% of the “as is” value (excl. GST), of each individual security property on a First Mortgage basis, up to 75% on a Second Mortgage basis
Maximum Loan Term
18 months
Repayment Type
Interest only
Application Fee
From 1.50% of the loan amount
Commercial / SME
Current Interest Rate
From 6.50% p.a.
Security Type
Residential, commercial & industrial security
Loan Purpose
Purchase, refinance & equity release
Minimum Loan Amount
$1 million
Maximum Loan Amount
Up to $10 million. POA > $10 million
Maximum LVR
70% (excl. GST) on a First Mortgage basis, up to 75% on a Second Mortgage basis
Maximum Loan Term
3 years
Repayment Type
Interest only
Application Fee
From 1.50% of the loan amount
Pre-Development
Current Interest Rate
From 7.50% p.a.
Security Type
Residential, commercial & industrial security
Loan Purpose
Purchase, refinance & equity release
Minimum Loan Amount
$1 million
Maximum Loan Amount
Up to $10 million. POA > $10 million
Maximum LVR
65% of the “as is” highest and best use value on a First Mortgage basis, up to 75% on a Second Mortgage basis
Maximum Loan Term
18 months
Repayment Type
Interest only
Application Fee
From 1.50% of the loan amount
Construction
Current Interest Rate
POA
Total Development Costs
Up to 80% of total development costs will be allowed
Security Type
Residential, commercial & industrial security
Loan Purpose
Purchase, refinance & then moving into a construction loan
Minimum Loan Amount
$2.5 million
Maximum LVR
65% of the gross realisable value (excl. GST where applicable) on a First Mortgage basis, up to 75% on a Second Mortgage basis
Maximum Loan Term
2 years
Pre-Sales
Nil to minimal
Repayment Type
Interest only
Application Fee
From 1.75% of the loan amount
Vacant Land
Current Interest Rate
From 8.50% p.a.
Security Type
Vacant land for future developments
Loan Purpose
Purchase, refinance & equity release
Minimum Loan Amount
$1 million
Maximum Loan Amount
Up to $5 million. POA > $5 million
Maximum LVR
50% of the “as is” value, on a First Mortgage basis, up to 65% on a Second Mortgage basis
Maximum Loan Term
18 months
Repayment Type
Interest only
Application Fee
From 1.50% of the loan amount

Recent Transactions

Pallas Capital closed out the 20/21 financial year strongly, settling a record $608 million transactions: a testimony to our capability as a lender and asset class expert in uncertain economic times.
Enquire

Construction Loan, Sunshine VIC
Loan Amount
$24.8 million
LVR
65% of the 'as is' value
Loan Term
16 months
Pre-sales / leases
Minimal
Construction Loan, Brighton VIC
Loan Amount
$15.06 million
LVR
68% of the 'as if complete' value
Loan Term
17 months
Pre-sales
3 apartments sold
Commercial / SME Loan, Mona Vale NSW
Loan Amount
$1.8 million
LVR
70% of the 'as is' value
Loan Term
12 months
Residual Stock Loan, Rockdale NSW
Loan Amount
$11.3 million
LVR
75% of the 'as is' value
Loan Term
12 months

Speak to one of our Directors
to see how Pallas Capital can
assist you or your customers.

Enquire

To see how Pallas Capital can assist you or your customers, please provide your contact details below.