Pay Off Tax Debt and Refinance of Commercial Property
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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 65%. Valuation was required.
Visit our website or send scenarios to [email protected] and find out how we can help your clients.
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