This includes providing the finance to repay your debt to a secured creditor if required.
CE came in and organized to have the first mortgagee paid out, the administrators changed to another administrator with locked in fees, the remaining apartments on a proper sales and marketing campaign and a facility to have funds released in draw downs to complete the site.
Because funds and decisions are in house the complex deals can be viewed in a way no other lenders can.
The client was purchasing a block of land in Sydney for $17m along with options ($5m) for the surrounding blocks of land.
Client had another block of land worth $30m in Sydney whereby they needed to pay out the existing 1st mortgage of $10m. We lent the client $36.6m which included 100% on the purchase of the new property, paid out the existing first mortgage, gave the client the money for the options and stamp duty, along with capitalised interest, fees and charges for the whole 12 month term.
The client was purchasing a block of land in Sydney for $17m along with options ($5m) for the surrounding blocks of land.
Client had another block of land worth $30m in Sydney whereby they needed to pay out the existing 1st mortgage of $10m. We lent the client $36.6m which included 100% on the purchase of the new property, paid out the existing first mortgage, gave the client the money for the options and stamp duty, along with capitalised interest, fees and charges for the whole 12 month term.
The client was purchasing a block of land in Sydney for $17m along with options ($5m) for the surrounding blocks of land.
Client had another block of land worth $30m in Sydney whereby they needed to pay out the existing 1st mortgage of $10m. We lent the client $36.6m which included 100% on the purchase of the new property, paid out the existing first mortgage, gave the client the money for the options and stamp duty, along with capitalised interest, fees and charges for the whole 12 month term.
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ADDRESS:
Chifley Tower, 2 Chifley Square, Sydney, NSW 2000 Australia
TELEPHONE:
1800 327 924
EMAIL:
sales@capitalempire.com.au
