Development2014–2016
$2.75M
Advancetown · QLD
Land subdivision · syndicated
Paid in full at maturity. Syndicated across multiple contributors.
Paid in full
Issued by MCDR Group Pty Ltd · ABN 11 689 007 734Brokered loans via Esteb & Co · ACL #389087Business & commercial purposes only
Private secured lending · Australia
Secured funding for Australian property and business— settled in days.
First-mortgage and asset-backed lending for developers, builders and business owners. Indicative terms within 48 hours; funds settled in days, not months.
$4.0M
Toowoomba QLD
Commercial property
Staged return · paid in full
2007–10
$2.75M
Advancetown QLD
Land subdivision · syndicated
Paid in full
2014–16
$3.0M
Eagle Rise QLD
24-lot development
Principal stepped down via sell-down
2014–17
$200K
Paradise Waters QLD
Residential apartment
74 perfect monthly payments
2007–13
Selected from the founder’s prior lending track record · 37 loans funded 1994–2017 · See all
Founder’s lending history · 1994–2017
Esteb Capital was registered in 2025. The underwriting discipline it’s built on comes from the founder’s prior personal lending book — 30 anonymised loans below, every one real.
30
Loans documented
$33M+
Total deployed
24 yrs
Lending history
QLD · NSW
Geographies covered
Track record
Selected loans from a 24-year lending history
Esteb Capital was founded in 2025. The deals below are anonymised loans from the founder’s personal lending track record (1994–2017) — the underwriting discipline the new business is built on.
Development2014–2017
$3.0M → $120K
Eagle Rise Estate · QLD
24-lot development
Principal stepped down progressively via successful lot sell-down.
Active
Residential2008–2014
$150K
Stradbroke · QLD
Residential
GFC-era problem loan that recovered fully. ~96% of arrears recovered; paid in full 2014.
Paid in full
Residential2007–2013
$200K
Paradise Waters · QLD
Premium residential apartment
74 consecutive perfect monthly payments. Extended four years beyond original maturity.
Paid in full
Commercial2006–2010
$4.0M
Toowoomba · QLD
Commercial property
Largest single position. Repaid in full via staged capital returns through 2009–2010.
Paid in full
Residential1994–2004
$150K
Repulse Bay · QLD
Coastal residential
10-year loan with annual extensions. Total interest paid approximately equalled original principal.
Paid in full
Who we lend to
Secured lending against real assets.
Business and commercial borrowers with real security and a clear exit.
Property Developers
Site acquisitions, construction funding and settlement bridging for residential and commercial projects.
Construction Companies
Progress funding, equipment finance and working capital to keep projects moving.
Business Owners
Asset-backed business loans for opportunities that can't wait for a bank's timeline.
Land & Subdivision
Funding for land purchases, subdivision projects and pre-sale bridging finance.
Two ways to work with us
Lower rate, or faster funding.
Esteb & Co is the licensed broker arm. Esteb Capital is the direct lender. You choose the path that fits your timeline.
BrokeredLower rate · more documentation
From 8.0%
p.a. interest only
Via Esteb & Co · ACL #389087
We broker your deal to a panel of lenders. NCCP-regulated process. Better rate, but expect a 4–8 week assessment and full financials.
Best for
- Borrowers with time before settlement
- Strong financials and clean serviceability
- Deals that fit credit-licensed criteria
DirectFaster · asset-led
From 10.0%
p.a. interest only
Direct from Esteb Capital
We fund the deal ourselves. Business and commercial purposes only — outside NCCP. Indicative terms in 48 hours, settlement in days.
Best for
- Settlement clocks measured in days
- Property developers and business owners
- Where the security and exit do the heavy lifting
Esteb Capital lends for business and commercial purposes only — NCCP exemption applies. Consumer loans are arranged exclusively through Esteb & Co under Australian Credit Licence #389087. The two entities are kept structurally separate.
How the deals actually run
What the book has done.
Three deals from the founder’s prior track record that illustrate the underwriting style Esteb Capital lends to today.
Long-duration relationship
$150K
Repulse Bay QLD
A coastal residential borrower, ten years, zero missed payments.
Funded in 1994 against a coastal residential property. The loan was extended annually for a decade and finally paid out in full in 2004 — by which point the borrower had paid back the original principal twice over in interest. The kind of relationship that's only possible when the underwriting is right at the start.
Largest single position
$4.0M
Toowoomba QLD
A $4M commercial position managed cleanly through the GFC.
Originated in 2006, the largest single deal in the book. Required staged capital returns through 2009–2010 as the borrower worked through the post-GFC commercial market. Repaid in full by 2010. Held together because the security and the workout plan were on the same page.
Active sell-down
$3.0M → $120K
Eagle Rise QLD
A 24-lot development financed and stepped down to near-zero.
Funded in 2014 to support a 24-lot development. The principal stepped down progressively from $3.0M to $120K as lots settled — a textbook development-finance sell-down. Most capital was returned within the first 24 months, with the residual continuing to perform.
Process
How it works.
Three steps from enquiry to settled funds. No surprises.
01
Tell us about the deal
Loan amount, security, timeline, exit. Five minutes is enough to know if we're in the ballpark.
02
We assess it
We look at the security, the structure and the exit. Indicative terms back to you, typically within 48 hours.
03
Legals and settle
Borrower pays legals. Loan docs out, registered, funds drawn. Days, not months.
Indicative pricing
See your rate before you call.
Our pricing calculator weighs the same things we do when assessing a deal — security type, LVR, location, urgency and term. Get an indicative rate range in under a minute. No contact details required.
- Security quality — 1st-mortgage metro commercial sets the floor
- LVR — Lower LVR, better rate — under 60% is sweet spot
- Location — Capital-city metro prices the keenest
- Urgency — Days-to-settle costs more than weeks
Indicative interest rate
10.5% – 11.5%
per annum, interest only
Monthly repayment
~$4,583
on $500,000
Indicative legals
$7.5 – 8.5K
deal complexity
Example shown: $500K direct loan, commercial property metro, 65% LVR, standard timeframe. Adjust inputs in the calculator to model your deal.
Have a deal that needs to move?
Submit your enquiry and get indicative terms within 48 hours. Business and commercial purposes only.
Insights
Plain-English private lending.
Guides on private credit, commercial finance and property funding in Australia.
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