This client came to us in despair.
The builder had walked off site and trades were owed money, the developer was inexperienced and didn’t have a plan or new builder to finish the build.
The client had wasted months talking to other lenders who promised the world and delivered nothing.
Our team assessed the development, determined the cost to complete and position of the trades obtained a quote from a builder to complete the development and refinanced out the bank providing a $3.5m facility.
Our short-term loans are designed to provide relief in circumstances where funding is not immediately available from traditional sources of finance, such as banks and other institutions.
If you want to chat through any scenarios please contact Gino Tabila on 0416 798 187 or myself on 0427 277 162 to discuss a scenario or email your client’s requirements through to info@securedlending.com.au and we will get back to you quickly.
Keen to know more. Check out the following links:
- Typical Loan Scenarios we fund;
- OurProduct Matrix; and
- Our Lending Process
