Jun
18
Prime Finance’s Weekly Newsletter Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $80,000.00 for 6 months for cash flow of a restaurant . Solution: Prime Finance did this as a 2nd mortgage and settled on a caveat in 5 business days. The LVR was around 70%. Valuation was required. Visit our website or send […]
Jun
12
Prime Finance’s Weekly Newsletter Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $110,000.00 for 6 months to pay off tax debt so the client can then refinance their commercial property. Solution: Prime Finance did this as a 2nd mortgage and settled on a caveat in 5 business days. The LVR was around […]
May
21
Prime Finance’s Weekly Newsletter Scenario: Prime Finance was approached by a broker who had a client needing a residential loan of $550,000.00 for 60 days to purchase a property in Hawthorn VIC. Solution: Prime Finance did this as a caveat and settled in 3 business days. The LVR was around 75%. Valuation was not required, went off sale […]
Apr
17
Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $120,000.00 for 3 months to inject cash flow into the business. Solution: Prime Finance did this as a 2nd mortgage and settled in 7 business days. The LVR was around 70%. Valuation was required. Visit our website or send scenarios to loans@primefinance.com.au and find out how we can help your […]
Apr
3
Prime Finance is the market-leader in short term caveat finance, delivered quickly. As one of the leading short term and private mortgage lenders in Australia, Prime Finance offers caveat loans that are a great short term finance options for SMEs that: requires working capital. Prime Finance business loan product guides 1. Loans up to 1.5 […]
Mar
26
Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $350,000.00 for 6 months to refinance another private lender. Solution: Prime Finance did this as a 2nd mortgage and settled in 7 business days. The LVR was around 70%. Valuation was required. Visit our website or send scenarios to loans@primefinance.com.au and find out how we can help your clients.
Mar
24
Scenario: Prime Finance was approached by a broker who had a client needing a 60 day residential bridging loan of $300,000.00 to settle on the purchase of a property in Perth WA. Solution: Prime Finance did this as a caveat settled in 7 business days. The LVR was around 75%. Valuation was required. Visit our website or send scenarios to loans@primefinance.com.au and find out how we can […]
Mar
13
Prime Finance’s Weekly Newsletter Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $900,000.00 for 6 months to purchase a commercial property in Penrith NSW. . Solution: Prime Finance did this as a 1st mortgage and settled in 3 business days. The LVR was around 75%. Valuation not was required, went off sale contract. […]
Mar
5
Declined Loans – Where to Turn to Where to turn if your loan is declined If your loan has been declined, it doesn’t necessarily mean you should abandon your quest. Traditional lenders establish their risk management processes, based on the current economic climate. Major banks also use an automated credit scoring technique. The computer […]
Feb
25
Prime Finance’s Weekly Newsletter Scenario: Prime Finance was approached by a broker who had a client needing short term funding of $150,000.00 for 4 months to purchase office equipment in Chermside QLD. Solution: Prime Finance did this as a 2nd mortgage and settled in 7 business days. The LVR was around 70%. Valuation was required. Visit our website or send scenarios to loans@primefinance.com.au and […]
