INVESTMENT OVERVIEW
The Sponsors have a background in property investment.
The purpose of this loan is to refinance existing loans from another private lender that are due to mature. The Sponsors have decided not to continue with the current lender and shop for better interest rate.
The Sponsors can’t get bank finance as they are unable to satisfy bank servicing requirements.
Security on offer comprises of six investment properties in Middleton Grange, NSW (investment property), Maitland, NSW (investment property), Leppington, NSW (investment property), Forest Lake, QLD (investment property), Nambour, QLD (investment property), and Pakenham, VIC (collateral security).
The exit strategy is to refinance to another private lender or sell to repay debt.
SECURITY DETAILS
- The loan will be secured by six Second Mortgages
- Personal Guarantees from two Individual Sponsors
- General Security Agreement over Corporate Sponsor + PPSR Charge
INTERESTED IN INVESTING?
For more information on current investment opportunities, please contact:
Lauren Taylor
Managing Director
[email protected]0477 566 022
