$550,000.00 Cash flow for Developer

By February 6, 2019Finance

 

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 $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.
WordPress Image Lightbox Plugin
Get Finance from 1%