Developer in need of a cash injection

Mark Hutchins

Mark Hutchins

Director - Secured Lending

A Sydney based developer had some cost over runs and needed a a cash injection of $750,000 to meet such costs which their bank would not provide.

Secured Lending’s team includes direct property development experience and was able to quickly assess the status of the development, costs to complete and likely profitability / headroom in the development. We provided short term finance of $750,000 which was secured by a second mortgage on the directors property.

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 in a matter of hours and settle in a day.

Keen to know more, check out the following links:

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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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