Loan Amount
$910,000
LVR
65%
Security Location
Griffith, NSW 2680
Interest Rate
14.00% blended rate
Establishment Fee
2.20%
Loan Term
9 Months, 6 Months Minimum
Exit Strategy
Refinance with a mainstream bank once the trading business has demonstrated 6 months of cash flow.
Why was the Sponsor unable to obtain bank finance?
Specialised security property outside of traditional banking channels policy.
Timeframe
3 weeks to settle upon receipt of the signed Conditional Approval.