Non-bank lending is a strategic choice, not a last resort

For Pallas Capital, service is about providing tailored financial solutions and building lasting partnerships

Non-bank lending is a strategic choice, not a last resort

This article was produced in partnership with Pallas Capital

Pallas Capital, an established non-bank commercial real estate (CRE) lender, is leading the way in offering developers financial flexibility and personalised solutions that traditional banks often struggle to provide.

Sydney-based Fiducia Property Group, a prominent property developer, is one of many who have embraced non-bank lending, turning to Pallas for their innovative approach to development financing.

The strategic partnership between Pallas Capital and Sydney-based Fiducia Property Group is a great example of how Pallas sets itself apart from other non-bank lenders. Pallas doesn’t just offer capital; they deliver tailored financial solutions that align with the needs of property developers.

Unlike traditional lenders, Pallas combines deep industry knowledge and experience with a flexible approach, making them the go-to choice for developers seeking more than just funding.

“For us, non-bank lenders like Pallas offer more than just capital,” said Marie Doyle (above right), co-founder of Fiducia Property Group and a client of non-bank lender Pallas since 2022. “They understand the intricacies of development and provide the flexibility that aligns with our project timelines,” she said.

Pallas Capital: Driving flexibility for developers

Pallas Capital’s commitment to providing flexible, tailored financing solutions has been a game-changer for developers like Fiducia. By stepping in with flexible, tailored solutions when traditional banks are limited by regulatory constraints, Pallas enables developers to stay agile in today’s dynamic property market offering essential support across construction finance, pre-development loans, acquisition funding, residual stock loans, and vacant land loans.

Pallas Capital’s ability to come up with bespoke loan solutions by, for instance, reducing pre-sale debt coverage, or settling loans faster than their banking counterparts, allows developers to move forward with projects without the extensive requirements that banks typically impose.

“We first partnered with Fiducia in 2022 for a project in Tuggerah, and since then, we've financed two more developments together,” explained Pallas Capital Group executive and head of origination, Jason Arnold (above left). “Our approach is designed to align with the realities of the development process, and we take pride in offering bespoke solutions that empower developers to stay agile.”

Speed and expertise as key differentiators

One of Pallas Capital's standout attributes is the speed at which it can move. “For developers, time is critical, and we’ve built our processes to reflect that,” said Arnold. The ability to settle a loan in as little as 10 days is a significant advantage for developers like Fiducia. This swift decision-making stems from Pallas’ internal autonomy over credit processes and clearly defined mandates for loan-to-value ratios, interest rates, and security structures.

“We pride ourselves on responding quickly to opportunities,” said Arnold. “Our deep market expertise, especially in development financing, allows us to offer rapid feedback and outcomes, making us a valuable partner for developers needing to act quickly.”

A personalised approach to lending

In addition to speed, Pallas Capital’s personalised service sets them apart. Unlike traditional banks, Pallas fosters close relationships with developers, providing tailored support throughout the entire financing process.

“Our clients appreciate that they can reach our team anytime, even on weekends,” Arnold said. “We work hand-in-hand with developers to understand the unique needs of each project, factoring in milestones and recognising equity increases through Development Approvals.”

For Pallas Capital, this level of service is not just about providing financial solutions—it’s about building lasting partnerships. "We engage deeply with our clients, ensuring that we not only fund their projects but help them grow,” said Arnold.

The future of non-bank lending

As the property development landscape evolves, Pallas Capital is well-positioned to play an even greater role. Its flexibility, speed, and tailored solutions are drawing more developers away from traditional banks. For Pallas, it’s about working closely with clients on solutions that best suits their business needs, while also redefining what effective, solutions-driven real estate financing looks like in a complex market.

By supporting developers like Fiducia, Pallas Capital is setting a new standard in non-bank lending—one that prioritises the needs of developers while enabling them to pursue ambitious growth. Its approach is not just meeting the demand for capital but is reshaping the future of real estate financing altogether.

Pallas Capital specialises in the origination and investment management of real estate debt and equity products, providing borrowers reliable and competitive funding for their property investment and development needs. It offers financial investments in these loans to its investors, providing strong returns to its investor base through a range of risk-adjusted, property backed debt and equity investment opportunities. Pallas Capital has built a strong track record and investment book since its inception in 2016 with funds under management having grown at 100%+ p.a. over the past 4 years and discretionary funding mandates sitting at $1.4bn and growing quickly.