Mixed Use Development Site – Sydney
Loan Description
Overview
Refinance existing private lender under SMSF
Amount
$25,000,000
Collateral
First Registered Mortgage, Director Guarantees
Use of Funds
Bridge loan for development application
Term
24 months
LVR
Up to 40% of Collateral Value
Interest Rate
8.75% per annum
Date
23 Feb 2022
Status
Completed
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Size
$25,000,000
Indicative Interest Rate
8.75% per annum
Date
23 Feb 2022
Status
Completed