02 9232 8888
OFFICES
Loan Purpose
Facility Amount
$3.125MM
LVR
38%
Term
12 months
Security
LTC
Pre-sales
Exit Strategy
The Deal
An existing borrower approached Balmain looking to repatriate equity for working capital within the Group.
The loan was secured by a vacant, permit approved industrial development site.
The loan was advanced at an interest rate of 8.50% p.a. with interest fully prepaid for the loan term of 12 months.
Jack Graham
Partner
