- Loan Amount:$1,910,000.00
- Loan Type: Bridging
- LVR: 50% (actual 49.86%)
- Date of Settlement: 18/07/2022
- Expiry/Repayment Date:18/07/2023
- Loan/Investment Term: 12 months
- Investor Return: 7.50%
- Funding Required to rollover existing facility and provide time to complete current renovations. Original funding required to assist with purchase of property.
- The Borrower has an acceptable track record in property development, having undertaken and delivered one project previously.