Prime Finance’s Weekly Scenario

By November 27, 2017Finance

 

Prime Finance’s Weekly Scenario
Short Term Loans

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