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Visit Us:
Unit 1
76 Appel Street
Surfers Paradise, 4217
Call Us:
Office:
Paul:
Michael:
07 5531 6117
0409 366 335
0415 410 185
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Project Funding:
NSW CLIENT:Needed funding to Clear Major bank before receiver were appointed.
Loan amount: $
360,000
Security: 1st mortgage LVR 70% less costs. Security Commercial Property.
Details: Loan in Company name, Funds applied to clearing Bank, Land Tax, and Rates in
arrears.
Settled: July 2010 Pure asset loan (no Financials)
Term: 6 months
VIC CLIENT Needed funding to Clear RECIEVERS for Company before Selling up all
securities
Loan amount: $7,250,000.
Security: 1st mortgage LVR 65% less
costs. Security Multiple Commercial Property.
Details:
Loan in Company name, Funds
applied to clearing RECIEVERS.
Settled: September 2010 Pure asset loan (no
Financials)
Term: 6 months
QLD CLIENT Needed funding to Clear BANK and Receivers as well as
to facilitate Company Restructure and Commercial Construction.
Loan amount $
10,500,000 + 45 million construction.
Security 1st Mortgage LVR 65% less costs. Security Multi Zoned Commercial
and Residential Properties.
Details: Loan in Company
name, Initial Funds applied to clearing BANK and Receivers.
Settled: Short term settled November 2010.
Term: Commercial Construction still in
progress.
QLD CLIENT:Needed funding for land settlement and construction of 120 units.
Loan Amount: $6,000,000 raised privately to settle land as well as part Mezzanine facility.
$20,000,000 construction funding recently approved through CBA.
Construction to
commence in 3 weeks. July 2011 (70% pre-sales, builder’s guarantee,
no-financials).
Term:18mths
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