Equity Release – Part Complete Site

Mark Hutchins

Mark Hutchins

Director - Secured Lending

Early Equity Release to fund the next project

A client approached Secured Lending for an urgent equity release to take advantage of the next property development opportunity for their company.

The client had a part-complete development in the Mornington Peninsula VIC, however, they were in the final stages of completion and OC was approximately eight weeks away.

In order for the client to capitalise on this opportunity, we made the funds available through a bridging loan which was secured via a second mortgage over the client’s part-complete site and although this was a complex transaction (where banks would take 3 months to get their heads around), we settled this deal in 48 hours.

Our short-term loans are designed to give clients access to opportunities, where funding is not immediately available from traditional sources of finance, such as banks and other institutions.

At Secured Lending, we pride ourselves on our ability to assess your financial needs on a timely manner and settle your loan in 24 to 48 hours.

Check out our Second Mortgage product if you require any more information, or alternatively, contact us at 1300 795 175 or email info@securedlending.com.au

equity release

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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