2nd Mortgage to Purchase Cafe in Parramatta

By November 28, 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 $210,000.00 for 3 months to purchase a cafe in Parramatta.

 

Solution:

Prime Finance did this as a 2nd mortgage and settled with a caveat in 4 business days. The LVR was around 70%, valuation was not required.

Visit our website or send scenarios to [email protected] and find out how we can help your clients.
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