Fast, Fair Funding for Australian SMEs: Renown Lending Secures $100M for Asset-Backed Loans

Written By Kalpi Prasad

Australian small and medium businesses don’t need more red tape; they need capital they can trust—delivered quickly, on plain-English terms, and by people who understand how cash flow ebbs and flows in the real world. That’s why Renown Lending has secured $100 million to expand our Asset-Backed Loans (ABL) nationwide. In partnership with Chris Krotiris—Principal, Marlbury Capital; Director, CK Finance & Advisory; and former CFO/GM/Deputy CEO at Samaras Group—we’re bringing a faster, simpler and more ethical way to fund purchases, refinances and cash-out needs for Australian SMEs.

Why ABL—And Why Now

Opportunities (new contracts, stock discounts) and pressures (ATO timing, payroll, supplier terms) rarely align with big-bank timelines. ABL bridges the gap responsibly by lending against real property with term sheets in 24 hours (subject to acceptable security, size and location) and interest-only terms from 3–36 months. It’s pragmatic capital for practical needs—designed to smooth cash flow, not complicate it.

What Sets Us Apart From Big Banks

  • Speed you can plan around: scenarios same day; settlements in days, not weeks.

  • Simplicity over paperwork sprawl: plain-English terms and light-doc options—Accountant’s Declaration (preferred) or 3 months’ trading statements/BAS.

  • Flexible use of funds: purchase, refinance or cash-out for fit-outs/renovations, inventory, tax timing, debt consolidation, or general business purchases.

  • Pragmatic security: houses, strata dwellings, warehouses, factories, offices, retail, light industrial and metro vacant land.

  • Human credit: direct access to decision-makers who understand exits, project timelines and seasonal trading.

  • Ethical by design: transparent pricing, clear conditions and structures tied to real assets—so there are fewer surprises and better outcomes.

Snapshot of Terms, Locations, LVRs & Ticket Sizes

  • Terms: interest-only 3–36 months.

  • Pricing: from 8.99% p.a. (establishment 1.75%–1.85%).

  • Residential (Sydney/Melbourne metro): up to $10m to 70% LVR.

  • Residential (NSW/VIC/ACT/QLD metro ex Syd/Melb): up to $3m to 70% LVR.

  • Other areas: houses up to $3m to 70% LVR; units/townhouses up to $3m to 65% LVR.

  • Commercial/Mixed-Use (Syd/Melb/Bris metro): up to $3m to 65% LVR; other areas: to 60%.

  • Land (Syd/Melb/Bris metro): up to $5m to 50% LVR.
    Eligible postcodes available. Inner-city/non-metro and larger tickets may require prior Credit Committee approval. Non-metro limited to NSW, VIC & QLD.

Eligible & Ineligible Security (At a Glance)

Eligible: Torrens-title houses; strata units/townhouses/villas/duplexes; blocks of strata units or residential flats; warehouses and conversions; factories; offices; retail; light industrial; metro vacant land.
Specialised (by prior approval): boarding houses, student accommodation, service stations.
Ineligible (summary): residential <40m² internal (excl. balcony/parking); flood-prone (<1:100); leasehold; contaminated/restricted/heritage-listed sites; island sites without sealed-road access; relocatable/kit/exhibition homes; life tenancies; supermarkets; resort complexes; abattoirs; nursing/retirement homes; motels; hospitality; NDIS.

Documentation That Respects Your Time

  • Application form (simple and direct)

  • 100 points of ID for each Director and Guarantor

  • Trust Deed (if applicable)

  • One income item only: Accountant’s Declaration (preferred), 3 months’ trading statements, BAS, or rental income + lease

  • Assets & Liabilities schedule

  • Contract of Sale (purchases)

  • Rates notice (refinances; within 3 months)

How SMEs Put ABL to Work

  • Fit-outs & refurbishments: upgrade plant, kitchens or front-of-house to lift throughput and customer experience.

  • Inventory & supplier terms: buy early, buy better, and meet larger orders on time.

  • Tax & compliance timing: align ATO and creditor payments without starving operations.

  • Refinance & reset: consolidate expensive short-term facilities into a clearer, asset-backed structure while projects complete.

Our Ethical Lending Stance

Founder Kalpi Prasad built Renown Lending to be an ethical alternative: transparent pricing, clear covenants, genuinely useful documentation standards and a commitment to long-term relationships. The measure of success isn’t just approvals; it’s whether the funding structure makes the business stronger six months from now.

Partnership Strength: Marlbury Capital & CK Finance & Advisory

Chris Krotiris brings deep transaction discipline and real-economy experience: Principal at Marlbury Capital (co-owned with Phil Connew, specialising in development lending, asset finance and short-term private lending) and Director at CK Finance & Advisory since 2015. Previously CFO/GM/Deputy CEO at Samaras Group, Chris led governance, divisional reporting and strategic planning through complex cycles—including the GFC. That capability sits behind our promise of speed with prudence.

Get Started Your Way

You can contact Kalpi or Chris directly, reach out to Mitchell (BDM) to workshop a quick scenario, or apply via the Renown Lending website. If the security, size and location are acceptable, we’ll issue a term sheet within 24 hours so you can move with certainty.

Kalpi Prasad
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