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Gold Coast Studio Apartment

Gold Coast Studio Apartment

Loan Description

Overview

Cash-out on unencumbered property for business purposes

Amount

$180,000

Collateral

1st Registered Mortgage, GSA Borrower Entity, Director guarantees

Use of Funds

Working capital for business

Term

12 months

LVR

Up to 72% of Valuation

Interest Rate

11.50% per annum

Date

21 Nov 2019

Status

Completed

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Size

$180,000

Indicative Interest Rate

11.50% per annum

Date

21 Nov 2019

Status

Completed