$4m land bank settlement in 24 hours

Mark Hutchins

Mark Hutchins

Director - Secured Lending

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.

This was significant for the Borrower as the value of the property had increased considerably.

We were approached at 4pm on Thursday and asked to settle a loan by 4pm Friday.

Secured Lending advanced the full amount which was secured via a first mortgage over the development site, plus a second mortgage over two (2) other properties owned by the group.

At Secured Lending, we have a team of in-house property experts who understand the complexities of DA Applications, construction and development sites. Secured Lending can approve loans and attend settlement in 24 hours.

If you require urgent finance, complete the Application Form or contact us at info@securedlending.com.au 

Learn More for Fast Funding Solutions

Secured Lending

FAST FUNDING SOLUTIONS

Secured Lending focuses on non-conforming, short term funding solutions with incredibly quick turnaround times. So why Secured Lending?
  • We have our own internal property valuation team.
  • We can settle caveats, 1st and 2nd mortgage loans within 24 hours up to $45m.
  • We pride ourselves on being transparent and honest in our approach, always aiming to have an initial assessment back to you in a few hour

Our rates start at 9.95% p.a. with loan terms from 1 – 24 months.

 If you have a scenario to discuss, please call us on 1300 795 175.
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