When it comes to property and business finance, you have more options than ever before.
While banks have long been the default, non-bank lenders like AMF Finance are now a preferred choice for borrowers who value speed, flexibility, and tailored solutions. But how do you decide which is right for you?
The Key Differences
1. Speed of Approval
- Banks: Can take weeks or months due to strict processes and layered approvals.
- Non-Bank Lenders: Often approve and settle in days, making them ideal for time-sensitive deals.
AMF Advantage: We have settled transactions in as little as 48 hours.
2. Lending Criteria
- Banks: Rigid criteria, with limited room for exceptions.
- Non-Bank Lenders: Flexible, case-by-case assessments.
AMF Advantage: We consider the whole picture; security, exit strategy and deal potential, not just your paperwork.
3. Documentation Requirements
- Banks: Full financials, tax returns, and detailed income verification are mandatory.
- Non-Bank Lenders: Offer low doc and no doc options.
AMF Advantage: Reduced paperwork for faster funding without sacrificing quality service.
4. Deal Complexity
- Banks: Can be reluctant to fund unconventional or complex projects.
- Non-Bank Lenders: More open to creative structuring and unique scenarios.
AMF Advantage: We specialise in complex and high-value deals other lenders can’t accommodate.
When a Bank Might Be Better
To be fair, banks can be suitable for:
- Borrowers with simple, straightforward applications
- Those who prioritise the lowest possible interest rate over speed or flexibility
- Long-term, stable finance needs where timeframes aren’t critical
When to Choose a Non-Bank Lender
A non-bank lender like AMF is your best option if you:
- Need fast funding for a property or business opportunity
- Have a complex or unconventional lending scenario
- Want flexibility in terms, structure, and documentation
- Value direct access to decision-makers
Transaction Example
A developer spots a prime site but has just 14 days to settle. The bank’s process would take six weeks. AMF assesses the deal, arranges funding approval, and settles within the timeframe — securing the site and the client’s next big project.
Choosing the right lender can make or break your deal. Talk to AMF Finance today to see how our non-bank lending solutions can work for you.