Weekly Scenario

By October 30, 2017Finance




 

Short Term Loans

Scenario:

Prime Finance was approached by a broker who had a client that needed short term funding of $155,000.00 for 6 months for the cashflow of a restaurant in Bondi.
Solution:
Prime Finance did this as a caveat loan and settled in 5 business days. The LVR was around 75%; valuation was required.
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