Profile
| Department Name | Private Lending |
|---|---|
| Minimum Loan Size ($) | 20,000 |
| Maximum Loan Size ($) | 20,000,000 |
| Loan Type | Existing Properties |
Point of differentiation
Fast turnaround private loans against freehold property
Non-resident Loans
SMSF loans
About Australian Secure Capital Ltd
Australian Secure Capital Fund Ltd (ASCF) is a Brisbane based fund manager operating two pooled mortgage investment funds ASCF#1 and ASCF#2. Funds invested with ASCF are lent to borrowers seeking short term loans and are secured by a registered 1st or 2nd mortgage over the borrowers property. ASCF then pays investors a fixed monthly return from the interest earned on these loans ranging from 6.25% to 8.69% per annum depending on the term of the investment and which of our two funds you choose to invest in. Our directors have been in the private lending loan market since 1997 using funds from high net worth individuals as well as their own personal funds. In 2016 Australian Secure Capital Funds Ltd was established to provide the same opportunities to retail investors as we were offering our high net worth individual clients. Our loan book currently exceeds $100M of which ASCF funds make up around $60M.
We understand what investor’s are looking for when choosing where to invest their hard earned funds. Our aim is to provide our investors with capital stability, competitive yields and regular consistent income distributions. We believe ASCF funds provide this by investing in high yielding loans secured by registered mortgages over Australian property. Our directors have over 70 years of banking and property experience and have been in the secured private lending loan market in Australia since 1997 giving them the experience and knowledge needed.
Our mortgage funds ASCF#1 and ASCF#2 are less susceptible to property market cycle fluctuations due to the short term nature of the loans we provide being 3 to 6 months with a maximum loan term of 12 months. This means our funds are highly liquid and enable us to offer our investors short term investments of 3 months all the way through to 12 months.
Unlike peer to peer lending where you invest directly in one loan your investment in ASCF funds is spread across the entire pool of loans contained in each respective fund and not lent directly to a particular borrower or security property thereby minimising risk. ASCF does not and never will provide any construction or development funding to developers for construction purposes. We do not believe the risks associated with construction funding to developers warrant investment of our client funds and our Product Disclosure Statement (PDS) prohibits us from providing such loans.
Our PDS prohibits us from making loans to any ASCF Directors, shareholders, or associated entities.
Since ASCF was launched in 2016:
– All investors have received their interest distribution every month
– All investors have had their request to redeem funds paid on time
– The value of investors initial investment has remained stable at $1.00 per unit
We have been offering short term business loans since 1997, using both our own money and money from high net-worth individuals. During this period we have never lost any principal. ASCF was established as a retail mortgage fund in 2016 to provide the same opportunities to retail investors as we were offering our high net worth individual clients.
Source: https://www.australiansecurecapital.com.au