193 Fingal VIC

Executive Summary

  • Loan Amount: $5,000,000 – The Third Tranche
  • Loan Type: Bridging Loan
  • LVR: 29.12% Based on Facility Limit of $15,000,000 (All Three Tranches)
  • Date of Settlement: 23/05/2022
  • Expiry/Repayment Date:23/05/2023
  • Loan/Investment Term: 12 months
  • Investor Return: 6.50%
  • To assist the funding for the finishing of the cosmetic construction work and working capital for upstart operations
  • Refinance to mainstream bank upon establishment of business operations from expected cashflows through business operation.
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