Private credit, up to the line.
Business-purpose property loans for SPV and company borrowers, assessed and funded by Blue Streak Capital. Loans up to $5m, residential or commercial security, 3 to 60 months, nationally. Below the line is the loan. Above it is your equity.
- Example value
- $7.20m
- Loan up to
- $5.00m
- Your equity
- $2.20m
- Term
- 3 to 60 mo
- Repayments
- Interest only
Move along the building to read the LVR at any height.
How Anton lends
Most lenders lead with the rate. I lead with the line. Bring a deal with a clear exit, sensible leverage and a borrower who has done it before, and you get a straight answer fast. Bring one that sits above the line, and you will hear exactly why.
I work on the lender's side, for Blue Streak Capital. Every deal I take is assessed and funded there, and every borrower gets independent legal and financial advice.
What sits below the line
Eight loan types Blue Streak Capital writes, and three it won't. Pick a loan type to test a deal of that kind.
Above the line: not for us
- Personal or household loansBusiness purpose only. Consumer credit belongs with licensed consumer lenders.Declined
- Deals with no evidenced exitA short-term loan is repaid by an event. No event, no loan.Declined
- Scenarios shopped on rate aloneIf the cheapest rate is the brief, a bank or broker panel suits you better.Declined
Below the line: what we fund
- Residual stockRelease equity or refinance unsold completed stock while you sell down. Rates on completed product are competitive, often better than the market.Exit: sales
- Sites and landBuy or hold a development site, with or without DA, ahead of construction finance.Exit: DA, then refinance
- Commercial bridgingShort-term funding from 3 months to bridge a settlement, refinance or sale.Exit: sale or refinance
- Commercial propertyOffice, retail, industrial and mixed use, for company and SPV borrowers.Exit: refinance or sale
- Business loans on residentialBusiness-purpose credit for companies and SPVs, secured by residential property.Exit: refinance or sale
- Construction fundingFunding from pre-development through to completion, assessed case by case on the builder, the cost plan and the exit. Pre-sales help, but aren't required.Case by case
- Second mortgage and mezzanineSitting behind most mainstream lenders. The LVR counts their first mortgage and our loan together.Exit: refinance or sale
- Refinance and term-outRefinance a maturing facility while you sell, lease up or wait on a bank.Exit: bank refinance
Submit a scenario
Choose the deal type and enter the numbers. The building fills to your LVR as you type and checks the deal against the credit box: loans up to $5m, LVR up to 70% (75% considered case by case), 3 to 60 months. You'll get a first answer within 24 hours, and indicative terms within 2 days.
Construction or development? Use the full scenario builder to set out land, build costs and disbursements against GRV or NRV.
From scenario to settlement
Five steps, in order. You always know which one your deal is on.
- Day 0
Send it
Deal type, value, loan, any debt to refinance, and the exit, through the form above.
- Within 24 hrs
First answer
An indicative yes or no. A no comes with the reason, and the fix if there is one.
- Within 2 days
Indicative terms
Rate, fees, LVR and conditions in writing, with every fee listed. Loans are typically interest only.
- On valuation
Valuation and legals
An independent valuation. Once we're comfortable to proceed, we instruct our solicitors to begin the legal work.
- On completion of legals
Settlement
Documents through your lawyer. Independent legal and financial advice is required.
Notes from the desk
What Blue Streak Capital is funding, what it declined and why. All notes
The Credit Desk
One email a month: appetite, a deal funded, a deal declined and why.
Brokers welcome
- Your clientstays your client. I deal through you from the first answer to settlement.
- The credit boxis on this page. Check it before you send, and we both save time.
- Every feeis on the indicative terms, in writing, before you take them to your client.
About Anton
I originate business-purpose property loans for Blue Streak Capital. Every deal I take is assessed and funded there, and nowhere else.
Most of my work at Blue Streak Capital has been in construction finance: funding projects from pre-development, through the build, and managing them during the term. It shapes how I read a scenario. The builder, the cost plan and the exit come first.
I write The Credit Desk once a month and The Weekly Read on LinkedIn.