Last week was crazy. We funded 6 deals totalling over $20m. The way brokers and borrowers have responded to our approach has been very pleasing.
If you want proof that the formula of speed, integrity, honesty, and property smarts is valued by borrowers and brokers alike then there can be no better example then
Tags: Urgent Finance, Land Banking, Short term finance, liquidation, Subdivisions
We were approached by a developer who had recently entered into an Option Deed to purchase a development site upon the approval of the DA for 47 lots. He was hoping to finance the purchase through his existing lender but as the settlement deadline was to occur in only a weeks’ time and the lender required extensive valuations to be completed, he had concerns the funds wouldn’t be available in time.
Tags: Urgent Finance, Land Banking, in-house property experts, Short term finance, short term loan, settlement
Our Borrower was due to settle on a development site with a DA. He had thought that he had the funding in place, but 24 hours before settlement, the Lender confessed they will not be ready and delayed settlement.
Tags: Urgent Finance, Delayed Settlement, Land Banking, in-house property experts, Short term finance, short term loan