$550,000.00 Cash flow for Developer
Home » Blog » Finance » $550,000.00 Cash flow for Developer
| Prime Finance’s Weekly Scenario |
Scenario:
Prime Finance was approached by a broker who had a client needing short term funding of $550,000.00 for 3 months, needing cash flow for developer.
Solution:
Prime Finance did this as a 2nd mortgage and settled on 2 properties cross collateralised within 5 business days. The LVR was around 65%, valuation was required.
Visit our website or send scenarios to [email protected] and find out how we can help your clients.
|
|
|
|
|
