Bridging Finance for $800,000.00 in Gosford NSW

By September 13, 2018Finance

 

Prime Finance’s Weekly Scenario
Short Term Loans

Scenario:

Prime was approached by a broker who had a client needing short term bridging finance of $800,000.00 for 2 months to purchase a residential property in Gosford NSW.

Solution:

Prime Finance did this as a 1st mortgage and settled in 3 business days. The LVR was around 70%. No valuation was required, went off contract of sale.

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