Prime Finance’s Weekly Scenario | Second Mortgage For Business Investment
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Prime Finance’s Weekly Scenario |
Scenario: Prime Finance was approached by a broker who had a client who needed short term funding of $400,000.00 for 5 months for business investment in Footscray VIC. Solution: Prime Finance did this as a second mortgage and settled in 7 business days. The LVR was around 70%, a valuation was required. |
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