INVESTMENT OVERVIEW
The purpose of this loan is to provide additional working capital and to pay off ATO debts.
Security on offer is a residential property in Success, a southern suburb of Perth, Western Australia. The property occupies a 612sqm lot and includes four bedrooms, two bathrooms, and a lock-up garage, providing ample living space and secure parking.
The exit strategy is to sell one of their businesses to fully settle their outstanding debts.
This loan has a four month pre-paid loan term, with the option for two monthly extensions
SECURITY DETAILS
- The loan will be secured by First Mortgage
- Three Personal Guarantees from Individual Sponsors
- General Security Agreement over Corporate Sponsor + PPSR Charge
- Three General Security Agreement over Individual Sponsor + PPSR Charge
