Why choose Sparrow Loans?

We believe in your strategy and help you when you need it most.

Sparrow Loans is the Paramatta private lender that keeps you going – With our two-day turnaround times and quick settlements, you can be confident that you have your funding sorted ahead of settlement. Whether you need an urgent settlement or a lender that thinks outside the box, Sparrow Loans is Paramatta’s best choice for your property and business needs. Apply online to access funds without hassle. Capitalise on Paramatta’s momentum of development with a lender who works with you, not against you.

• Outside the box lending solutions – Sparrow Loans looks at the viability of the transaction and exit strategy as a whole, rather than a list of items to be ticked off against a static checklist. One way we do this is with our approach to the property Loan to Value Ratio. We do not penalise our Paramatta borrowers for negotiating a great price on the written contract. By lending against the valuation report rather than the Contract for Sale, the great negotiators among us can continue to flourish and grow their investment portfolios.
• Local expertise – Sparrow Loans is integrated with the communities we work with, giving you certainty that your lender understands your situation. We know that projects like Paramatta Square don’t happen overnight. But we see the potential and the opportunity when other lenders don’t. That’s why you can trust us to support you every step of the way.
• No upfront commitment fees – Submitting a loan application has never been easier! At Sparrow Loans you can send us the details of the transaction and book a time to discuss your loan without any obligation to proceed with us. We will review all the details provided before we submit a Letter of Offer. Any outstanding items or special conditions of the loan will be listed in the Letter of Offer if we approve your loan. This gives you the choice of whether to proceed with our offer or not after reviewing the special conditions without committing to any upfront costs.
• Competitive rates – Sparrow Loans offers interest rates starting from 6.5% p.a. for Paramatta borrowers looking to borrow against their property for business purposes. Competitive rates and quick financing allows Paramatta businesses and developers to achieve big.
• Smooth loan application process – Once you begin your application, you will have a dedicated relationship manager assigned to your loans from start to finish. They understand your needs and will be able to guide you through the process from application to settlement.
• Smooth exit – Sparrow Loans are ready and poised to help you exit our loan facility without delays as we understand that timing is everything. As your lender, Sparrow Loans do not charge any exit fees payable to us – there is only a small third-party cost of discharging your mortgage which is a legal fee payable to the lawyers managing the exit of the loan.
• Flexible rollover options – If you anticipate your loan extending beyond the loan term that you originally set, Sparrow Loans can help you renegotiate your facility to avoid defaulting on the loan. Sparrow Loans keeps your business strategy front of mind when discussing any additional rollover term or extensions, giving all Paramatta businesses peace of mind in challenging times.
• Flexible repayment options – Sparrow Loans offer our borrowers the option to capitalise their interest and fees, opt for interest-only loan repayment or choose a principal and interest repayment if they wish. Depending on the loan purpose, these options can help you design your loan so that it suits your business strategy.
• Flexible loan terms – Our loan terms start from 1 month up to 12 months with additional rollover options for another 12 months. We will let you set your loan term whether it is 1 month, 12 months or anywhere in between! Paramatta’s premier private lender is here to help.