Skip to content
Business Company News, Finance Investment

New Industry Player Nero Private Offers Alternative Credit Solutions for Australian SMEs

Nero Private 3 mins read

Melbourne, Australia - Nero Private, a newly established boutique non-bank credit firm, has officially launched its first private debt fund, aiming to support Australian small and medium-sized enterprises (SMEs) while offering investors a secure portfolio with stable and attractive/secure returns.

Established to cater to investors seeking robust and reliable returns while fostering the growth of Australian businesses, Nero Private invests in credit-vetted, property-secured loans specifically tailored for commercial finance purposes.

Sanja Crnogorac, Managing Director of Nero Private, said that the firm aims to bridge the gap between traditional banking and the evolving needs of both borrowers and investors, all while streamlining the transaction process.

“As borrowers and investors increasingly seek alternatives to conventional banking, private credit is becoming an essential component of the financial landscape,” Ms Crnogorac said.

“Nero Private is poised to meet this demand by offering bespoke credit solutions that deliver value to both investors and Australian businesses.”

With over two decades of experience in banking and commercial lending, Ms. Crnogorac is renowned for her expertise in credit risk analysis and her deep understanding of both regulated and non-coded lending frameworks.

Her dedication to transparency and integrity is reflected in her commitment to empowering clients and investment partners alike.

"What I love about the private credit space is that it enables me to think ‘outside the bank’ and evaluate each opportunity on its individual merits," Ms. Crnogorac said.

"I particularly enjoy collaborating closely with clients and investors to diversify their investment and property portfolios and helping SMEs secure the funding they need to grow.”

Nero Private is an offshoot of Nero Financial, a rapidly growing commercial brokerage with a robust corporate network. Founded in early 2021, Nero Financial has quickly established itself as an industry leader known for its high-performance standards.

David Crook, Managing Director of Nero Financial, said that the impressive growth of Nero Financial over the past few years laid the groundwork for the creation of Nero Private.

“The market is rapidly changing, and the needs of modern entrepreneurs are constantly evolving. In asking then, how can we best support our clients, we saw an opportunity to not only provide capitalised deals at a lower LVR but also, allow our partners to pick and choose the deals they like, in real-time,” Mr. Crook said.

“To achieve this, we needed a partner with extensive credit and risk experience, coupled with a passion for small business. Sanja Crnogorac was the perfect fit—highly regarded, proven in her success, and dedicated to upholding transparency and integrity.”

The management team behind Nero Private boasts 75 years of experience in private credit, banking, commercial lending, and business development. Over the length of their combined careers, the dedicated investment management team has tallied over $3 billion in loan organisations and overseen settlements exceeding $150 million in the last three years alone.

The minimum investment amount for the Nero Private Fund is $50,000 and it has been established to deliver annual returns starting from 10% p.a.

For more information visit: https://neroprivate.com.au/about

Nero Private is a boutique non-bank credit firm dedicated to providing secure, property-backed private credit investments to support the growth of Australian SMEs. With a focus on transparency and integrity, Nero Private offers investors a stable and defined income while fostering business development across Australia.

 

ENDS


About us:

About Nero Private

Nero Private is a specialised private credit firm that recognises the unique challenges faced by modern entrepreneurs. We work to support Australian small-to-medium enterprise (SME) thrive, with lending solutions tailored to the specific needs and merit of each transaction.

Starting with a minimum lend of $50,000, our private credit opportunities are accessible to both investors and SMEs. All options are secured by either a first mortgage or second registered mortgage throughout Australia, against real estate assets including residential investment, commercial and industrial properties and vacant land.


Contact details:

Erin Bluhdorn | Partner, Nero Private

Email: erin@neroprivate.com.au

Phone: (+61) 434 574 717

Media

More from this category

  • Finance Investment, Oil Mining Resources
  • 22/07/2024
  • 11:16
Jane Morgan Management

Pan Asia Metals Limited (ASX:PAM) Hosts Strategic Site Visit at RK Lithium Project with Leading Industry Partners

Sydney, Australia – July 22, 2024 – Pan Asia Metals Limited (ASX:PAM), recently conducted a successful site visit at the RK Lithium Project. The visit included representatives from MOU partner IRPC Public Company Limited (IRPC) and leading Chinese lepidolite processor and lithium chemical producer Yongxing Special Materials Technology Co. Ltd (Yongxing). Highlights: Strategic Collaboration: PAM welcomed IRPC, a major player in the petroleum and petrochemical sectors in Thailand, and Yongxing, a top producer of lithium carbonate from lepidolite in China, for an extensive site visit. Project Significance: The RK Lithium Project's strategic location in Southeast Asia, particularly in Thailand, the…

  • Contains:
  • Business Company News, Food Beverages
  • 19/07/2024
  • 12:50
Brisbane Convention & Exhibition Centre (BCEC)

Seasoned by Queensland – this is how to feed our visitors!

Local Produce the Standout at Brisbane Convention & Exhibition Centre MENU LAUNCH Brisbane Convention & Exhibition Centre (BCEC) has launched its 2024 Menu, Seasoned…

  • Contains:
  • Business Company News, Indigenous
  • 18/07/2024
  • 16:07
Parliament of Australia

Melbourne hearing for inquiry into improving the economic self-determination for First Nations Australians

The Joint Standing Committee on Aboriginal and Torres Strait Islander Affairs will hold a public hearing in Melbourne on 19 July for the inquiry into improving the economic prosperity for First Nations Australians. The Committee is looking forward to hearing firsthand from Victoria’s Aboriginal and Torres Strait Islander organisations at the forefront of business enterprise, about the barriers to and opportunities for economic development for First Nations people. The Committee will discuss the latest research from the Dilin Duwa – Centre for Indigenous Business Leadership and the University of Melbourne about the enormous contribution of Indigenous businesses to the Australian…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.