Greystone Advisory

Non-Bank, Private Personal Loans

When it comes to evaluating non-bank, private personal loan options from private lenders, the choice that suits you best depends on your unique circumstances. If you’re currently in need of immediate personal funding but facing challenges due to high debt levels and a less-than-ideal credit score, Greystone can help. We have access to a range of private, non-bank personal loan solutions through our network of private lenders, provided you qualify as an Accredited Investor.

What is a Private, Non-Bank Personal Loan?

Private personal loans are non-bank personal loans that are provided by licensed private money lending companies instead of traditional banks. These loans are instrumental when individuals require quick access to funds, often for personal reasons like home improvements, medical expenses, or unexpected financial challenges.

Unlike credit card loans, which involve revolving credit lines and high-interest rates, private non-bank personal loans offer fixed terms and structured repayment plans. This distinction provides borrowers with greater predictability, making it easier to budget and plan for repayments. Additionally, personal loans typically offer lower interest rates than credit cards, making them a more cost-effective solution for certain financial needs.

In a landscape where financial needs vary, private non-bank personal loans emerge as a reliable option, and Greystone Advisory serves as the bridge between borrowers and reputable lenders.

Types of Private, Non-Bank Personal Loans

Private personal loans or non-bank personal loans come in various types, catering to diverse financial needs. As a proficient loan broker, Greystone Advisory plays the significant role of connecting borrowers with reputable legal lending companies offering these types of loans.

Short-Term Loans

Ideal for individuals in need of quick financial assistance, short-term loans provide a smaller sum that is typically repaid over a brief period. These loans serve as a convenient solution for urgent expenses or unforeseen financial challenges.

Cash Loans

Cash loans offer borrowers immediate access to funds, often in the form of physical cash. These loans are especially useful when individuals require tangible currency for specific purposes, providing a quick and tangible solution to pressing financial needs.

Personal Loans

The most common type of private, non-bank loan, personal loans are versatile and can be used for various purposes such as debt consolidation, home improvements, or educational expenses.

Long-Term Loans

For more substantial financial needs, long-term loans offer extended repayment periods. These loans are suitable for significant investments such as home purchases or business expansions, providing borrowers with the flexibility to repay the loan over an extended period.

Weekly Loans

Weekly loans are structured to accommodate borrowers who prefer a weekly repayment schedule. This type of personal loan provides a convenient and manageable way for individuals to meet their financial obligations without the burden of monthly repayments.

How are Private Personal Loans Different from Bank Loans?

Private personal loans, also known as non-bank personal loans, differ from traditional bank loans in several key ways. Unlike bank loans that often involve a lengthy approval process, private personal loans are known for their quicker approval times. Additionally, non-bank personal loans may have more flexible eligibility criteria, making them accessible to a broader range of borrowers. Furthermore, the application and disbursement process for private personal loans is generally streamlined, providing individuals with a faster and more straightforward solution to their immediate financial needs.

Advantages of Private Personal Loans

Private personal loans, also referred to as non-bank personal loans, offer distinct advantages for individuals seeking financial solutions. One notable advantage is the speed of approval and disbursement. Unlike traditional bank loans, private personal loans often feature a streamlined process, providing borrowers with quicker access to funds. Additionally, these loans typically have more lenient eligibility criteria, making them accessible to a broader range of individuals, including those with varied credit histories.

Another advantage lies in the flexibility of use. Private personal loans can be employed for various purposes, from handling unexpected expenses to consolidating debt or pursuing personal projects. The versatility and efficiency of private personal loans make them a preferred choice for those in need of prompt financial assistance.

WHAT IS AN ACCREDITED INVESTOR

An Accredited Investor (“AI”) is an individual who meets any of the following requirements (as defined under Section 4A(1)(a)(i) of the Securities and Futures Act (Cap. 289) set out by the Monetary Authority of Singapore (MAS) and has opted in to be treated as an AI:

TARGET AUDIENCE FOR OUR PRIVATE, NON-BANK PERSONAL LOANS

High income earner / Private Property Owner who are qualified as Accredit Investor (“AI”) but is unable to qualify for unsecured private personal loans from the banks due to:

ELIGIBILITY REQUIREMENTS FOR NON-BANK, PERSONAL LOAN

Complete KYC searches (including World-Check) done without adverse records found.
Personal bank account month-end balance for past 3 months must be at least > $50,000/-.
Must produce past 12-month pay-slip of at least SGD 25,000/- with evidence of salary crediting (in order to qualify as an AI who has met the minimum income of S$300,000/-)

Choose Us For Your Private, Non-Bank Personal Loans

When seeking non-bank personal loans or private personal loans, choosing Greystone Advisory ensures a seamless and tailored experience. Our service acts as a bridge between borrowers and reputable legal lending companies, offering a curated selection of lenders. Benefit from our expertise, quick access to diverse loan types, and a simplified application process. Greystone’s commitment lies in providing individuals with a reliable and efficient solution to their financial needs.

Apply For a Private, Non-Bank Personal Loan

Securing a private personal loan, through our trusted legal lending companies, is a straightforward process. Begin by visiting our website and navigating to the personal loans section. Fill out the online application form with essential details, including your financial information and loan requirements.

Once submitted, our team will review your application promptly. As a loan broker, Greystone Advisory will then connect you with suitable legal lending companies, ensuring you access a diverse range of non-bank personal loan options. Experience a hassle-free application process and expedited loan approvals by choosing Greystone Advisory.

Testimonials

"I needed quick funds without the hassle of a traditional bank. Greystone Advisory connected me with the perfect lender for my non-bank personal loan, providing a smooth and efficient process."

"The variety of private personal loans offered through Greystone Advisory allowed me to choose the best fit for my needs. The team's professionalism made the entire process stress-free."

"Greystone Advisory's service bridged the gap between me and legal lending companies. Their private personal loan options gave me the flexibility I needed during a challenging time."

What are Private Personal Loans?

Private personal loans, also known as non-bank personal loans, are financial solutions provided by entities other than traditional banks. Greystone Advisory connects borrowers with various legal lending companies, offering a range of private personal loan options.

How do Private Personal Loans Differ from Bank Loans?

Unlike bank loans, private personal loans often feature quicker approval times, more flexible eligibility criteria, and streamlined processes. They provide non-bank, private personal loans that are faster and more accessible for individuals in need.

What Can I Use a Private Personal Loan For?

Private personal loans can be used for various purposes, including unexpected expenses, debt consolidation, home improvements, or personal projects.

How Can I Apply for a Private Personal Loan through Greystone Advisory?

Visit our website, navigate to the personal loans section, and fill out the online application form with your financial details and loan requirements. Greystone Advisory will then connect you with suitable legal lending companies to help you get a private, non-bank personal loan.

What Makes Greystone Advisory a Preferred Choice for Private Personal Loans?

Greystone Advisory acts as a reliable loan broker, offering a curated selection of lenders, quick access to diverse loan types, and a simplified application process. Greystone Advisory is the premier choice for non-bank, private personal loans in Singapore.

Are Private Personal Loans Safe?

Yes, private personal loans facilitated by Greystone Advisory are secure, as we connect borrowers with reputable legal lending companies, ensuring a trustworthy borrowing experience.

Challenge 6	MULTI-PROPERTIES OWNER
Deal Type	Refinancing (with fresh cash-out)
Property	Good Class Bungalow (“GCB”) in Holland vicinity
Property Value	$70M
Existing Mortgage	$28M
New Loan Amount	$50M (with fresh $22M cash-out)
LTV	71.4%
Synopsis	At the age of 60, our borrower stood as a seasoned property investor with a remarkable portfolio of prestigious GCBs and luxurious Sentosa Bungalows. His journey was a testament to years of astute investment decisions. However, even a seasoned investor can face hurdles. Despite his impressive corporate and professional profile, the ever-evolving TDSR regulations had cast a shadow over his aspirations for further financial growth. His own bank had to adhere to these stringent regulations, leaving him unable to access additional facilities.
Solution	With determination and creativity, we set out to secure a $50 million mortgage loan from a non-bank lender. What made this solution stand out was the 18-month interest servicing repayment plan. Now equipped with fresh capital, our borrower could breathe new life into his retail business, expanding it like never before with a $22 million cash-out facility. But our assistance didn’t stop there. We successfully guided the borrower in refinancing the mortgage loan back to a local private bank just nine months after the initial disbursement. This win is a narrative of resilience and adaptability.

Challenge 3	POOR CREDIT GRADING
Deal Type	Refinancing with Fresh Cash-Out
Property	Bungalow in Katong
Property Value	$9M
Existing Loan	$5M
New Loan Amount	$7.5M (with fresh $2.5M Cash-Out)
LTV	83.3%
Synopsis	At 62 years old, our customer faced a roadblock. His aspirations for additional mortgage financing hit a snag as his bank hesitated due to both his age and an unfavorable “HH” credit bureau rating. This rating was a result of overdue credit card facilities amounting to a hefty $1.2 million.
Solution	With a determined spirit, we sought out an alternative path. Through our network of non-bank lenders, we secured a remarkable $7.5 million term loan facility. It was not just a financial transaction; it was a lifeline. The first step was to use $2.5 million of this fresh term loan to clear off the burdensome $1.2 million in overdue credit card facilities. It was a moment of relief, a chance to leave the past behind. But that was not all. The remaining funds were now at our customer’s disposal for personal investments, a fresh start to chase new dreams. This story encapsulates our commitment to finding solutions when doors seem closed. .

Challenge 8	URGENT SHORT-TERM LOAN REQUEST
Deal Type	2^nd Charge (Caveat) Loan
Property	Terrace House in Watten Estate
Property Value	$5M
Existing Mortgage	$2.6M (including $750K CPF usage till date)
New Loan Amount	$500K
LTV	63%
Synopsis	Our borrower was a 52 year old experienced entrepreneur who found himself at the crossroads. He faced a pressing issue that required immediate attention. In a critical moment for his business, he needed an urgent short-term loan of $500,000/- to pay his seafood suppliers. Time was of the essence and he couldn’t afford delays. However, there was a catch. He had an existing loan with UOB, and he was only seeking a brief 6-month loan tenure. Refinancing the entire property for such a short period seemed excessive and unnecessary.
Solution	Determined to provide swift and hassle-free assistance, we worked diligently to secure a solution. Through our extensive network, we found a non-bank lender willing to approve the $500,000/- short term 6-month loan request within a remarkable 48 hours. The speed at which the funds were disbursed was equally impressive. Within just 72 hours, the money was in his company’s accounts, ready to settle his suppliers’ bills. The best part? There was no need to go through the cumbersome process of refinancing the property. Through this case, we can learn the power of agility and tailored solutions.

Challenge 9	BRIDGING LOAN (ASSIGNMENT OF SALES PROCEEDS)
Deal Type	Bridging Loan (Assignment of Sales Proceeds)
Property	Semi-Detached House in Thomson
Property Value	$4M
Existing Mortgage	$2.6M (including $500K CPF usage)
Bridging Loan Amount	$400K
LTV	NA
Synopsis	Introducing our Borrower, a 49-year old homeowner who encountered a scenario demanding prompt decision-making and swift action. Having just sold his property for a substantial $4million, he faced a dilemma. The sale was imminent but the standard 3-month completion period wouldn’t work for him. He needed a $400,000/- bridging loan urgently to settle his existing personal credit obligations and ensure a smooth property sale.
Solution	With determination and a clear mission, we set out to secure a solution. Time was of the essence and we understood the urgency. Throughout our network, we found a non-bank private lender willing to approve the $400,000/- short term bridging loan. This loan was secured through a Deed of Assignment of Sales Proceeds, offering the necessary support to bridge the Borrower’s immediate financial needs. What made this solution truly remarkable was the speed of at which it unfolded. Within a mere 48 hours after the buyer exercised the OTP (Option-To-Purchase), the funds were disbursed. It was a race against time and we had won. The Borrower’s financial obligations were settled and thus enabling the property sale to be completed seamlessly.

Challenge 7	FOREIGNER
Deal Type	Refinancing (with fresh cash-out)
Property	3-Bedroom Condo in Leonie Hill vicinity
Property Value	$6M
Existing Mortgage	$2.5M
New Loan Amount	$4M (with fresh $1.5M cash-out)
LTV	66.7%
Synopsis	Meet our borrower, a 65-year-old Indonesian entrepreneur with a thriving business in Medan. She had a vision and a purpose, but there was a significant challenge standing in her way. With no reported income, our borrower found herself in a tough spot. She urgently needed $1.5 million to fuel her business aspirations. Yet, the local banks she approached were unable to accommodate her due to her non-residency status and the absence of income proof.
Solution	With unwavering determination, we set out to find a way. Our mission was clear: secure the financial support our borrower needed to turn her dreams into reality. Through our extensive network, we discovered a non-bank lender who saw potential where others saw obstacles. Together, we secured a remarkable $4 million loan. The first step was to use $2.5 million of this newfound capital to redeem her existing local mortgage, clearing a significant financial hurdle. But it wasn’t just about business. The remaining funds were disbursed to her for immediate personal use, providing her with the financial freedom she had longed for. This success is a testament to determination and the power of finding the right solution.