- Loan Amount:$13,100,000
- Loan Type: Bridging
- LVR: 68.50%
- Date of Settlement: 01/02/2023
- Expiry/Repayment Date: 31/01/2024
- Loan/Investment Term: 12 months
- Investor Return: 8.30%
- Refinance of existing non bank facility and to allow for sufficient time for the Borrower to market and sell asset.
- Borrower appears to have acceptable track record in development, building and property, having undertaken and delivered various ventures and projects.