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Recently Funded Commercial Development Loans and Commercial Property Loans
COMMERCIAL PROPERTY
Bellfield, VIC
First mortgage funding over subject property in the sum of $3,969,000 was required to provide construction funding to complete the development of a 110 place childcare centre, located in the Melbourne suburb of Bellfield.
Loan Amount: $3,969,000
Gearing: 63% LVR
Term: 16m
Return: 9.75%
RESIDENTIAL PROPERTY
Mordialloc, VIC
First mortgage funding in the sum of $1,950,000 was required to assist with the refinance of the current landowner debt, and to provide financing costs, capitalised interest and working capital.
Loan Amount: $1,950,000
Gearing: 65% LVR
Term: 12m
Return: 9%
RESIDENTIAL PROPERTY
Schofields, NSW
First mortgage funding in the sum of $2,498,372.00 was required to assist the refinance of the current debt and completion of the land subdivision located in Schofields, New South Wales.
Loan Amount: $2,498,372
Gearing: 60% LVR
Term: 6m
Return: 9%
RESIDENTIAL PROPERTY
Oxenford, QLD
First mortgage funding in the sum of $700,000 was required to assist with a current business loan and to raise capital, located in Gold Coast suburb Oxenford.
Loan Amount: $700,000
Gearing: 55% LVR
Term: 6m
Return: 8.75%
RESIDENTIAL PROPERTY
Northbridge, NSW
First mortgage funding in the sum of $3,300,000, was required to refinance the current loan facility, provide capitalised interest, together with working capital.
Loan Amount: $3,300,000
Gearing: 55%
Term: 12m
Return: 8%
RESIDENTIAL PROPERTY
Leumeah & Charleys Forest, NSW
First mortgage funding in the sum of $200,000 was required to assist with the purchase of a property located at in the New South Wales suburb of Charleys Forest.
Loan Amount: $200,000
Gearing: 20% LVR
Term: 6m
Return: 9.75%
RESIDENTIAL PROPERTY
Waterford, QLD
First mortgage funding over subject property in the sum of $300,000 was required to assist with the refinancing of a current loan, providing working capital together with capitalised interest.
Loan Amount: $300,000
Gearing: 54% LVR
Term: 6m
Return: 8.75%
RESIDENTIAL PROPERTY
Heidelberg West, VIC
First mortgage funding in the sum of $870,000 was required to assist with the refinance of the current debt, provide working capital together with capitalised interest, located in the Victoria suburb Heidelberg West.
Loan Amount: $870,000
Gearing: 48% LVR
Term: 36m
RESIDENTIAL PROPERTY
Heathmont, VIC
First mortgage funding in the sum of $1,500,000 was required to assist the borrower with the purchase of the subject properties located in the Eastern Melbourne suburb of Heathmont.
Loan Amount: $1,500,000
Gearing: 60% LVR
Term: 12m
Return: 8%
RESIDENTIAL PROPERTY
North Rothbury, NSW
First mortgage funding in the sum of $378,000 was required to assist the borrower in building a four bedroom residential dwelling, located in Huntlee suburb North Rothbury.
Loan Amount: $378,000
Gearing: 60% LVR
Term: 10m
Return: 9%
RESIDENTIAL PROPERTY
Semaphore South, SA
First mortgage funding in the sum of $200,000, was required to provide working capital for business purposes. The property offered as security is currently unencumbered.
Loan Amount: $200,000
Gearing: 70%
Term: 24m
Return: 7.75%
RESIDENTIAL PROPERTY
Bargo, NSW
First mortgage funding in the sum of $1,215,000 was required to assist with the refinance of the current debts, provide working capital, together with capitalised interest.
Loan Amount: $1,215,000
Gearing: 45% LVR
Term: 12m
Return: 9.75%
RESIDENTIAL PROPERTY
Woodlands, NSW
First mortgage funding over subject property in the sum of $560,000 was required to assist with the refinancing of debt together with capitalised interest.
Loan Amount: $560,000
Gearing: 45% LVR
Term: 12m
Return: 9%
RESIDENTIAL PROPERTY
Wright, ACT
First mortgage funding in the sum of $320,000 was required with the purchase of the property located in the Canberra suburb of Wright, where the purchase price was $495,000.
Loan Amount: $320,000
Gearing: 65% LVR
Term: 12m
Return: 8%
RESIDENTIAL PROPERTY
North Rothbury, NSW
First mortgage funding in the sum of $387,304 was required to assist the borrower in building four bedroom residential dwelling, located in Huntlee suburb North Rothbury.
Loan Amount: $387,304
Gearing: 58% LVR (On completion)
Term: 10m
Return: 9%
RESIDENTIAL PROPERTY
Surfers Paradise, QLD
First mortgage funding in the sum of $363,300 was required to assist with the purchase of a medium rise residential apartment, located in Surfers Paradise on Queensland’s Gold Coast.
Loan Amount: $363,300
Gearing: 70% LVR
Term: 36m
Return: 7%
RESIDENTIAL PROPERTY
Truganina, VIC
First mortgage funding was required to assist with the purchase of a residential allotment and provide funding to assist with building a residential dwelling.
Loan Amount: $397,900
Gearing: 70% LVR “On Completion”
Term: 9m
Return: 7.75%
RESIDENTIAL PROPERTY
Moss Vale, NSW
First mortgage funding in the sum of $2,100,000 was required to refinance the current loan to provide working capital together with two years capitalised interest.
Loan Amount: $2,100,000
Gearing: 40% LVR
Term: 24m
Return: 9.5%
RESIDENTIAL PROPERTY
Korora, NSW
First mortgage funding in the sum of $190,000 was required to assist with the purchase of a security property located in the coastal Coffs Harbour suburb of Korora.
Loan Amount: $190,000
Gearing: 20% LVR
Term: 24m
Return: 7%
RESIDENTIAL PROPERTY
Lilli Pilli, NSW
First mortgage funding in the sum of $2,500,000 was required with the refinance of the current loan and provide working capital, located in the South Sydney suburb of Lilli Pilli.
Loan Amount: $2,500,000
Gearing: 48% LVR
Term: 12m
Return: 7.75%
RESIDENTIAL PROPERTY
Romsey, VIC
First mortgage funding in the sum of $695,000 was required to assist with the purchase of the property located in the Northern Melbourne suburb of Romsey.
Loan Amount: $695,000
Gearing: 55% LVR
Term: 12m
Return: 7.75%
RESIDENTIAL PROPERTY
Belmont, WA
First mortgage funding in the sum of $308,000 was required to assist with the refinance of an existing mortgage of a residential dwelling located in the East Perth suburb of Belmont.
Loan Amount: $308,000
Gearing: 69% LVR
Term: 24m
Return: 8.75%
COMMERCIAL PROPERTY
Waterloo Corner, SA
First mortgage funding was required to assist with the refinancing the current debt and providing two years capitalised interest on a Horticultural production land holding
Loan Amount: $360,000
Gearing: 24% LVR
Term: 24m
Return: 8%
COMMERCIAL PROPERTY
Jannali, NSW
First mortgage funding in the sum of $150,000 was required to provide the borrower with working capital, located in the South West Sydney suburb of Jannali.
Loan Amount: $150,000
Gearing: 20% LVR
Term: 12m
Return: 7.5%
RESIDENTIAL PROPERTY
Victoria Point, QLD
First mortgage funding in the sum of $375,000 was required to assist with the purchase of a property located in the South Eastern Brisbane suburb of Victoria Point.
Loan Amount: $375,000
Gearing: 56% LVR
Term: 12m
Return: 7.85%
RESIDENTIAL PROPERTY
Bonnyrigg Heights, NSW
First mortgage funding in the sum of $595,000 was required for business purposes to assist the borrower in completing renovation works to upgrade their showroom.
Loan Amount: $595,000
Gearing: 70% LVR
Term: 12m
Return: 7.5%
RESIDENTIAL PROPERTY
Rochedale, QLD
First mortgage funding in the sum of $770,000 was required for the refinance of the existing debt, financing costs and balance of funds for business working capital.
Loan Amount: $770,000
Gearing: 70% LVR
Term: 12m
Return: 7.25%
COM / RESI PROPERTY
Lismore / Koonorigan, NSW
First mortgage funding was required to assist with the purchase a property located in Lismore and refinance a property located in Koonorigan.
Loan Amount: $740,000
Gearing: 37% LVR
Term: 12m
Return: 10.75%
HOUSE AND LAND
Walloon, QLD
First mortgage funding was required to assist with the refinancing of seven allotments and provided construction financing on two of the seven allotments.
Loan Amount: $990,000
Gearing: 70% LVR
Term: 10m
Return: 9%
RESIDENTIAL PROPERTY
Canungra, QLD
Our private lenders assisted this borrower in the funding of $150,000 with first mortgage security over a property located the Scenic Rim Region, Canungra.
Loan Amount: $150,000
Gearing: 65% LVR
Term: 6m
Return: 3%
RESIDENTIAL PROPERTY
Mosman, NSW
First mortgage funding of $3,750,000 was required to refinance the current loan, provide capital to complete building works, provide pre-paid interest and working capital.
Loan Amount: $3,750,000
Gearing: 61.9% LVR
Term: 6m
Return: 9.75%
COMMERCIAL PROPERTY
Petersham / Redfern, NSW
First mortgage funding in the sum of $5,000,000 was required to assist with refinancing the current debt and provided working capital.
Loan Amount: $5,000,000
Gearing: 53.7% LVR
Term: 24m
Return: 8%
RESIDENTIAL PROPERTY
Upper Coomera, QLD
Funding in the sum of $250,000 assisted with the purchase of a residential property in Upper Coomera for completion of construction of property.
Loan Amount: $250,000
Gearing: 37.5% LVR
Term: 180 days
Return: 2%pm
LAND
Goulburn, NSW
First mortgage funding was required to assist with the purchase of a vacant residential allotment located in the “Teneriffe Estate” in the township of Goulburn.
Loan Amount: $150,000
Gearing: 63.8% LVR
Term: 12m
Return: 7.75%
RESIDENTIAL PROPERTY
Paradise Point, QLD
Second mortgage funding was provided to assist with working capital for business purposes. Security was on Ephraim Island a luxury residential development on the GC.
Loan Amount: $200,000
Gearing: 56% LVR
Term: 12m
Return: 13%
LAND
Drouin, VIC
Our private lenders assisted this borrower in the refinancing of a first mortgage facility, providing 12 months capitalised interest and working capital.
Loan Amount: $1,400,000
Gearing: 40% LVR
Term: 12m
Return: 10%
RESIDENTIAL PROPERTY
Balmain, NSW
First mortgage funding in the sum of $565,000 was required to assist with the refinance of an existing home loan and other debts where the borrower offered an apartment as security.
Loan Amount: $565,000
Gearing: 60% LVR
Term: 12m
Return: 7.75%
RESIDENTIAL PROPERTY
Kings Langley, NSW
A residential property was put up as security for first mortgage for funding in the sum of $150,000 which was required to assist the borrower with business working capital.
Loan Amount: $150,000
Gearing: 50% LVR
Term: 90 days
Return: 3%pm
COMMERCIAL PROPERTY
Abbotsford, VIC
Second mortgage funding in the sum of $116,600 was required to assist with business purposes. A commercial property was used as security.
Loan Amount: $116,600
Gearing: 55% LVR
Term: 6 months
Return: 2%pm
CONSTRUCTION AND DEVELOPMENT
Schofields, NSW
First mortgage funding was approved for refinancing the current debt ($4.1 mil) and providing development funding to assist with constructing 55 townhouses.
Loan Amount: $26,128,000
Gearing: 61% LVR
Term: 23m
Return: 11%
CONSTRUCTION AND DEVELOPMENT
Bairnsdale, VIC
Our lenders further assisted this borrower in the development of Stage 3 of a residential land sub-division comprising of 59 allotments located in Bairnsdale.
Loan Amount: $11,288,000
Gearing: 58% LVR
Term: 24m
Return: 13%
REFINANCE, LAND
Granville, NSW
Our private lenders assisted this borrower in the refinancing of a first mortgage over 6 adjoining parcels of land with a combined land area of 5,147.6 m2.
Loan Amount: $16,000,000
Gearing: 65% LVR
Term: 12m
Return: 9%
COMMERCIAL PROPERTY
Maitland, NSW
First mortgage funding in the sum of $500,000 was required to refinance the current debt on the properties. Approved for the development of ten residential apartments.
Loan Amount: $500,000
Gearing: 65% LVR
Term: 18m
Return: 8.5%
RESIDENTIAL PROPERTY
Albury, NSW / Kergunyah, VIC
First mortgage funding in the sum of $1,050,000 assisted the borrower in purchasing a property in Albury. Offering additional security their farming property.
Loan Amount: $1,050,000
Gearing: 44.6% LVR
Term: 12m
Return: 11.5%
COMMERCIAL PROPERTY
Malvern East / Brunswick, VIC
$1,100,000 assisted with the purchase of a commercial property in Malvern East. As additional security, the borrower offered another commercial property in Brunswick.
Loan Amount: $1,100,000
Gearing: 53% LVR
Term: 12m
Return: 9.5%
RESIDENTIAL PROPERTY
Glen Iris, VIC
First mortgage funding in the sum of $1,470,000 was approved to refinance the current loan and provided working capital for the borrower.
Loan Amount: $1,470,000
Gearing: 60% LVR
Term: 12m
Return: 9%
RESIDENTIAL PROPERTY
Medowie, NSW
Our peer to peer lenders assisted the borrower in the purchase of properties located in Medowie. The site has approval for 238 residential dwellings.
Loan Amount: $5,450,000
Gearing: 41.9% LVR
Term: 12m
Return: 10%
RESIDENTIAL PROPERTY
Mickleham, VIC
Our private lenders assisted this borrower in refinancing a current loan and provided twelve months pre-paid interest, together with working capital.
Loan Amount: $8,450,000
Gearing: 65% LVR
Term: 12m
Return: 10.5%
RESIDENTIAL PROPERTY
Lugarno, NSW
First mortgage funding was approved to assist the borrower in completing renovation works to an unencumbered residential dwelling in the Sydney suburb of Lugarno.
Loan Amount: $600,000
Gearing: 54.5% LVR
Term: 12m
Return: 7.75%
COMMERCIAL PROPERTY
Pakenham, VIC
First mortgage funding in the sum of $1,250,000 was approved to assist the borrower in providing working capital for business purposes.
Loan Amount: $1,250,000
Gearing: 50% LVR
Term: 12m
Return: 9.75%
RESIDENTIAL PROPERTY
Warwick, QLD
First mortgage funding was required to discharge the current lender. The borrowing company offered first mortgage security over three brand new townhouses.
Loan Amount: $577,000
Gearing: 70% LVR
Term: 12m
Return: 11%
COMMERCIAL PROPERTY
Braeside, VIC
Our private lenders assisted this borrower in the purchase of a strata titled commercial property located in the Melbourne suburb of Braeside.
Loan Amount: $396,000
Gearing: 60% LVR
Term: 24m
Return: 9.95%
RESIDENTIAL PROPERTY
Casuarina, NSW
Our peer to peer lenders assisted the borrower in the purchase of an oceanfront property located at Casuarina. Which they offered 2 beachfront properties.
Loan Amount: $3,072,000
Gearing: 65% LVR
Term: 12m
Return: 11%
RESIDENTIAL PROPERTY
Hope Island, QLD
Our private lenders assisted this borrower with the purchase of a business, where the borrower is offered an unencumbered home located at Sanctuary Cove as first mortgage security.
Loan Amount: $430,000
Gearing: 39% LVR
Term: 12m
Return: 7%
RESIDENTIAL PROPERTY
Cleveland, QLD
First mortgage funding was approved to assist the borrower with a purchase of three adjoining properties, the purchase price being $1,950,000.
Loan Amount: $860,000
Gearing: 65% LVR
Term: 12m
Return: 9%
REFINANCE, RESIDENTIAL
Chermside, QLD
First mortgage funding was provided to assist the borrower in refinancing their current debt and provide working capital for business purposes.
Loan Amount: $1,585,000
Gearing: 65% LVR
Term: 12m
Return: 7%
RESIDENTIAL PROPERTY
Logan Reserve, QLD
Our private lenders assisted with funding to repay a first mortgage debt of approximately $64,000 and provided working capital with a Development Approval application.
Loan Amount: $1,600,000
Gearing: 38% LVR
Term: 12m
Return: 10%
REFINANCE, RESIDENTIAL PROPERTY
Lennox Head, NSW
Our private lenders assisted this borrower in the refinancing of a first mortgage over a property and provided additional funding to build two dwellings (duplex).
Loan Amount: $1,365,000
Gearing: 60% LVR
Term: 12m
Return: 10.5%
REFINANCE, RESIDENTIAL PROPERTY
Lennox Head, NSW
Our peer to peer lenders assisted this repeat client in the refinancing of an existing mortgagee over a property and provided additional funding to build two dwellings.
Loan Amount: $2,400,000
Gearing: 60% LVR
Term: 12m
Return: 9.75%
RESIDENTIAL PROPERTY
Gosnells, WA
Our private lenders assisted this borrower in funding for an approval application, to sub-divide a property into 8 allotments with the land area of 3,645m2.
Loan Amount: $377,000
Gearing: 65% LVR
Term: 2 years
Return: 9.5%
RESIDENTIAL PROPERTY
Greenslopes, QLD
First mortgage funding was approved to assist the borrower with a purchase of a property, the purchase price being $714,000. Security was a vacant property with an area of 703m2.
Loan Amount: $464,000
Gearing: 65% LVR
Term: 12m
Return: 8.75%
RESIDENTIAL PROPERTY
Paradise Point, QLD
First mortgage funding was provided to assist working capital and the purchase of the property. The borrower offered a property located at “Sovereign Islands”.
Loan Amount: $1,440,000
Gearing: 60% LVR
Term: 12m
Return: 10.5%
RESIDENTIAL PROPERTY
Surfers Paradise, QLD
Our private lenders assisted with first mortgage funding to assist with the purchase of a business, the borrower offered an apartment located in the “Beachcomber Resort”.
Loan Amount: $160,000
Gearing: 69.5% LVR
Term: 12m
Return: 8.75%
REFINANCE, COMMERCIAL
Spring Hill / Carindale / Moorooka, QLD
Our private lenders assisted this borrower in the refinancing of their current loans as well as the purchase of a business, commercial property together with car park.
Loan Amount: $1,543,000
Gearing: 65% LVR
Term: 12m
Return: 10%
CONSTRUCTION AND DEVELOPMENT
Villawood, NSW
Our peer to peer lenders assisted this borrower in providing working capital for business purposes. The property located in the Western Sydney suburb of Villawood.
Loan Amount: $6,850,000
Gearing: 51.3% LVR
Term: 12m
Return: 9%
RESIDENTIAL PROPERTY
The Oaks, NSW
Our private lenders assisted this borrower for second mortgage funding to assist with the purchase of business products, the borrower offered a house located in western Sydney.
Loan Amount: $82,000
Gearing: 75% LVR
Term: 180 days
Return: 14%
RESIDENTIAL PROPERTY
Mooloolaba / Townsville / Warrubullen, QLD
Our private lenders assisted this borrower in the purchase of a property located in the North Queensland township of Innisfail. The borrower offered three properties as security.
Loan Amount: $400,000
Gearing: 52.9% LVR
Term: 12m
Return: 10%
REFINANCE, COMMERCIAL
Caulfield East, VIC
First mortgage funding was provided to assist with the refinance of the existing mortgagee ($3,900,000.00) and provide working capital to the borrower.
Loan Amount: $4,500,000
Gearing: 57% LVR
Term: 12m
Return: 9%
RESIDENTIAL PROPERTY
Castle Hill, NSW
Our private lenders assisted with first mortgage funding for the purchase of two adjoining residential properties with a purchase price of $6,600,000.
Loan Amount: $2,700,000
Gearing: 60% LVR
Term: 12m
Return: 11%
RESIDENTIAL PROPERTY
Castle Hill, NSW
First mortgage funding in the sum of $3,450,000 was required to assist the borrower with the purchase of two properties in the Sydney suburb of Castle Hill.
Loan Amount: $3,450,000
Gearing: 60% LVR
Term: 12m
Return: 11%
REFINANCE, RESIDENTIAL PROPERTY
Point Frederick, NSW
Our peer to peer lenders assisted this borrower in the refinancing of a first mortgage over 2 residential properties located in Point Frederick, a suburb of the Central Coast region of NSW.
Loan Amount: $2,400,000
Gearing: 60% LVR
Term: 12m
Return: 9.75%
CONSTRUCTION AND DEVELOPMENT
Bairnsdale, VIC
Our private lenders assisted this borrower in the development of Stage 1 of a residential land sub-division comprising of 74 allotments.
Loan Amount: $8,495,000
Gearing: 43% LVR
Term: 18m
Return: 14%
REFINANCE, COMMERCIAL
Kangaroo Point, QLD
First mortgage funding was provided to refinance the current lender and to assist with the construction of 144 apartments and ground floor (4) retail tenancies.
Loan Amount: $2,750,000
Gearing: 50% LVR
Term: 6m
Return: 10%
REFINANCE, BUSINESS LOAN
Lilli Pilli, NSW
Our private lenders assisted this borrower with working capital and with the refinancing of a first mortgage over a modern refurbished multi-level waterfront residential dwelling.
Loan Amount: $2,250,000
Gearing: 47% LVR
Term: 24m
Return: 8%
COMMERCIAL PROPERTY
Blacktown, NSW
Our peer to peer lenders assisted this borrower, an experienced developer, with first mortgage funding over a development property with a land area of 4,720m2.
Loan Amount: $10,300,000
Gearing: 49% LVR
Term: 12m
Return: 9%
LAND
Kingscliff, NSW
First mortgage funding was required to assist with the purchase of three adjoining beachfront allotments, located at Kingscliff.
Loan Amount: $1,462,000
Gearing: 65% LVR
Term: 12m
Return: 8.5%
RESIDENTIAL PROPERTY
Wentworthville, NSW
First mortgage funding was required to assist the borrower in purchasing adjoining properties, located at Wentworthville.
Loan Amount: $7,905,000
Gearing: 63% LVR
Term: 12m
Return: 12%
REFINANCE, LAND
Nambour, QLD
First mortgage funding was required to refinance the current mortgagee and to purchase of one of the security properties.
Loan Amount: $1,485,000
Gearing: 60% LVR
Term: 2m
Return: 16%
REFINANCE, LAND
Schofields, NSW
First mortgage funding was required to assist the borrower in refinancing a property and purchase the adjoining property.
Loan Amount: $9,000,000
Gearing: 65% LVR
Term: 12m
Return: 12%
RESIDENTIAL PROPERTY
Southbank, VIC
First mortgage funding was required to assist with the purchase of a residential penthouse apartment, with a purchase price of $2,200,000.
Loan Amount: $1,430,000
Gearing: 65% LVR
Term: 12m
Return: 6%
RESIDENTIAL PROPERTY
Chermside, QLD
First mortgage funding was provided for the purchase of four adjoining properties with a purchase price of $2,500,000.
Loan Amount: $1,250,000
Gearing: 48% LVR
Term: 12m
Return: 9%
COMMERCIAL PROPERTY
Hallam, VIC
First mortgage funding was required for business purposes; to assist in the purchase of a commercial property.
Loan Amount: $340,000
Gearing: 60% LVR
Term: 12m
Return: 7.5%
CONSTRUCTION AND DEVELOPMENT
Strathalbyn, SA
Our private lenders assisted this borrower by providing first mortgage funding, for the development of a residential land sub-division.
Loan Amount: $882,000
Gearing: 52% LVR
Term: 12m
Return: 10.5%
REFINANCE, BUSINESS LOAN
Sydney, NSW
Finance was required to refinance the current lender and to provide working capital to the borrower.
Loan Amount: $2,800,000
Gearing: 66% LVR
Term: 24m
Return: 8%
REFINANCE, DEVELOPMENT
Jacobs Well, QLD
Funding was required to refinance the existing mortgagee and provide working capital to assist with a Town Planning application.
Loan Amount: $1,125,000
Gearing: 50% LVR
Term: 12m
Return: 12%
RESIDENTIAL PROPERTY
Wollert, VIC
First mortgage funding in the sum of $1,700,000 was approved to assist the borrower in providing working capital.
Loan Amount: $1,700,000
Gearing: 64.8% LVR
Term: 12m
Return: 10%
CONSTRUCTION AND DEVELOPMENT
Magenta Shores, NSW
First mortgage funding was provided to assist with a 19 allotment land sub-division within a master plan beach front residential estate.
Loan Amount: $5,260,000
Gearing: 32% LVR
Term: 18m
Return: 12%
CONSTRUCTION AND DEVELOPMENT
Gidgegannup, WA
Funding was required to assist this borrower, in lodging a plan of sub-division, to sub-divide the property potentially into seven (7) allotments.
Loan Amount: $700,000
Gearing: 44% LVR
Term: 12m
Return: 9%
REFINANCE, DEVELOPMENT
Sale, VIC
Funding was required to refinance the existing mortgage and to develop stage 2 of the Glenhaven Park residential subdivision.
Loan Amount: $6,173,000
Gearing: 67% LVR
Term: 12m
Return: 13%
LAND
Bundoora, VIC
Funding was required to assist with the purchase of a property.
Loan Amount: $3,660,000
Gearing: 48% LVR
Term: 1m
Return: 24%
CONSTRUCTION AND DEVELOPMENT
Spring Farm, NSW
Urgent finance was required for the purchase of property, to provide additional funds to pay the civil contractor for works completed and to pay Council contributions.
Loan Amount: $3,500,000
Gearing: 40% LVR
Term: 2m
Return: 18%
CONSTRUCTION AND DEVELOPMENT
Evans Head, NSW
Funding was approved for the purchase of the subject property and to provide additional working capital to assist in a Development Application (DA) for 182 residential allotments.
Loan Amount: $2,000,000
Gearing: 36% LVR
Term: 12m
Return: 36.4%
COMMERCIAL PROPERTY
Pakenham, VIC
Our private lenders provided this borrower with finance to assist with the purchase of the subject commercial property.
Loan Amount: $1,350,000
Gearing: 60% LVR
Term: 12m
Return: 10.75%
COMMERCIAL PROPERTY
Upper Coomera, QLD
Our private lenders assisted this borrower with finance for the purchase of a commercial property.
Loan Amount: $237,500
Gearing: 65% LVR
Term: 24m
Return: 9%
REFINANCE, BUSINESS LOAN
Salamander Bay, NSW
Funding was required to refinance the existing mortgagee and to acquire working capital to be used for business purposes.
Loan Amount: $365,000
Gearing: 60% LVR
Term: 12m
Return: 9.5%
REFINANCE, BUSINESS LOAN
Greenwood, WA
First mortgage funding was provided to discharge the existing mortgagee and to provide working capital for business purposes.
Loan Amount: $450,000
Gearing: 65% LVR
Term: 12m
Return: 10.5%
REFINANCE, BUSINESS LOAN
Noosaville, QLD
Funding was required to refinance of the current mortgagees and provide the borrower with additional working capital.
Loan Amount: $200,000
Gearing: 40% LVR
Term: 24m
Return: 9.5%
SMALL BUSINESS LOAN
Edmonton, QLD
Our private lenders assisted this borrower by providing working capital for business purposes.
Loan Amount: $360,000
Gearing: 40% LVR
Term: 12m
Return: 9%
SMALL BUSINESS LOAN
Carrara, QLD
First mortgage funding was provided for working capital for business purposes. A brand new townhouse was offered as security, with an original purchase price of $674,900.
Loan Amount: $360,000
Gearing: 40% LVR
Term: 12m
Return: 9%
RESIDENTIAL PROPERTY
Curramore, QLD
Our private lenders assisted this borrower with finance. The security property being located within the small picturesque town of Maleny.
Loan Amount: $270,000
Gearing: 40% LVR
Term: 12m
Return: 9.5%
RESIDENTIAL PROPERTY
Pearcedale, VIC
Funding was required to refinance the existing mortgagee and to assist with the completion of construction of the security property.
Loan Amount: $525,000
Gearing: 58% LVR
Term: 12m
Return: 11%
RESIDENTIAL PROPERTY
Devonport, TAS
First mortgage funding was required to refinance the existing mortgagee. The balance of funding was used for investment purposes.
Loan Amount: $70,000
Gearing: 29% LVR
Term: 12m
Return: 9%
