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OFFICES
Loan Purpose
Facility Amount
$3.3MM
LVR
80% of cost and 65% of on completion value
Term
Security
LTC
Pre-sales
2 of the 4
Exit Strategy
The Deal
The Borrower was a PAYG income earner who had completed a couple of small developments in the past as owner builder. Needed to build under their own builder licence and the Borrower was in danger of losing his pre-sales.
Phil Jenkins
Director
