| FEATURES |
| Overview |
No Financials
No CRAA抯
Must be able to demonstrate strong asset position |
| Minimum Loan |
$100,000 |
| Maximum Loan |
$4,000,000 |
| Maximum LVR |
80% Residential
70% Commercial
60% Vacant Land |
| Min Interest Cover |
N/A |
| Loan Terms |
1 - 2 years |
| Interest Types |
Variable Interest Only |
| Acceptable Loan Purpose |
Purchase
Refinance
Working Capital
Bridging |
| Acceptable Securities/Location |
Capital and other cities. Regional centres with a min pop of 30,000 |
| LOAN DOCUMENTATION |
| Supporting Documents |
- Client must have ability to demonstrate assets noted on A & L
|
| General Requirements |
- Signed Application Forms
- Commitment Fee
- Signed Mandate to Act
|
* Where more than one company involved in this transaction, a diagram will be requested illustrating the borrowing entity, including the legal name, type of entity, when formed, principal partners or shareholders with percentage ownership |