Projects

Hartley, NSW

Rural Asset Loan

Loan Type :First Mortgage
Facility Limit :$2,000,000
LVR :40%
This urgent settlement request enabled our client to secure an investment opportunity using a rural asset as collateral. Utilizing our efficient internal valuation process, we successfully settled the loan within 5 business days.
Breakfast Point, NSW

Resi Asset Loan

Loan Type :First Mortgage
Facility Limit :$2,320,000
LVR :70%
When a client sought an investment opportunity on Sunday, we issued the term sheet on Monday. Leveraging our efficient internal valuation process and swift inspection services, we successfully settled the loan by Wednesday, within just 3 business days.
St Ives, NSW

Land Banking Loan

Loan Type :First Mortgage
Facility Limit :$6,000,000
LVR :80%
A developer aimed to purchase a development site in Sydney. We arranged a loan with an 80% LVR of the purchase price, utilizing our internal valuation process to settle the loan within 5 business days, and the director executed the documents while overseas.
Cobbitty NSW

Land Banking Loan

Loan Type :First Mortgage
Facility Limit :$3,650,000
LVR :69%
The developer owned a subdivision site but lacked the funds to pay the council work bonds required for title registration. We utilized our internal valuation process, refinanced the original mortgage, coordinated with the council to clear all work bonds, collaborated with the surveyor to finalize the title registration and attended the settlement with the land purchaser.
Surfers Paradise QLD

Resi Asset Loan

Loan Type :First Mortgage
Facility Limit :$690,000
LVR :72%
When a client was put into receivership due to a one-week late payment and their security was already listed for sale, we swiftly arranged a refinance from the receiver. This allowed the client to sell the property at a market price. The client successfully repaid the loan within two months.
Denistone East NSW

Duplex Construction

Loan Type :Second Mortgage
Facility Limit :$235,000
LVR :62%
The client faced a building contract variation for their duplex development and the project stopped. After the CBA, we provided the second mortgage to help close the funding gap. The development was completed on schedule within six months.