2nd Mortgage for Working Capital in West Gosford
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Prime Finance’s Weekly Scenario |
Scenario: Prime was approached by a broker who had a client needing short term funding of $80,000.00 for 5 months for working capital in West Gosford. Solution: Prime Finance did this as a 2nd mortgage, settled with a caveat in 5 business days. The LVR was around 70%. Valuation was required. |
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