2nd Mortgage Needing Cash Flow in a Trust

By November 13, 2018Finance

 

Prime Finance’s Weekly Scenario
Short Term Loans

Scenario:

Prime Finance was approached by a broker who had a client needing short term funding of $70,000.00 for 6 months, needing cash flow for business in a trust.

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Solution:

Prime Finance did this as a 2nd mortgage and settled within 5 business days. The LVR was around 65%, a valuation was required.

Visit our website or send scenarios to loans@primefinance.com.au and find out how we can help your clients.
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