Prime Finance’s Weekly Scenario
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Prime Finance’s Weekly Scenario |
Scenario: Prime Finance was approached by a broker who had a client that needed short term funding of $850,000.00 for 2 Months on a development site in Llandilo NSW, to pay out one of the existing business partners. Solution: Prime Finance did this as a 1st Mortgage and settled in 3 business days. The LVR was around 70%; valuation was required. |
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