11 Jan 2021 – New Year, Hot Projects and a Heap of Fun! Woo!
It’s here! 2021! Huzzah!
Well, are we stoked to see you all. 2020, eh? Who saw that one coming.
We hope you’ve had a solid break, have set your goals, and are ready to grab 2021 by the horns and smash it.
This year, we are working further on simplifying and collaborating.
Making sure that our product best meets the market, and helps our clients to achieve their goals.
Short-term commercial and bridging loans
We are very fortunate to have a small panel of Private lenders who specialise in non-conforming residential loans. Our Private lenders are commercially minded and take an interest in what they are funding.
Types of loans:
Short term loan
Loan Amount: up to $50m
1st or 2nd mortgages
Rate: From 8%pa
Term: Up to 12 months
Borrower type: Company
Security: Real estate security required
Exit strategy required
Who can use a short-term loan?
A company borrower, with suitable real estate security.
What can I use a short-term loan for?
Short-term loans can be used for a multitude of purposes. For example:
- meeting short settlement time-frames,
- as bridging finance between property sale and purchase
- stock purchases
- seasonal business requirements
- second mortgage purposes
- cash flow for development DA application
So if you are ready to make 2021 your year, drop us a line to get cracking.