A client required urgent finance for the acquisition of five blocks of land in Victoria. Due to the timing and structure of the transaction, we were able to secure the full $14.2 million needed in two tranches to help the client finalise the purchase. The client then urgently required a further tranche for $6m to assist with another put and call option which we arranged within 3 hours.

Exit: Refinance and/or sale of assets

Our client was due to purchase a development site in Sydney, however their bank pulled the finance 24 hours before settlement. We were able to lend the full $1.9 million required via first mortgages over the client’s existing blocks of land.

Exit: Refinance

A recent client was in the process of purchasing 42 lots on the NSW Central Coast. The client needed to urgently settle on four options simultaneously as they were drawing construction finance. We arranged the $6 million required for the purchase to proceed

Exit: Sale of lots

Our client required urgent funding for the acquisition of DA approved land in Sydney. After failing to raise the funds in time via a traditional lender, they turned to us for help. We made $3.2 million available within 48 hours via the main security and collateral security located across Sydney and regional NSW, enabling the client to settle on time.

Exit: Cashflow and/or construction facility

Our client was re-developing a building in Melbourne CBD when construction was halted due to a serious asbestos issue. Despite having an existing facility with a reputable bank (including a first mortgage over an unencumbered property), they were denied the additional capital needed for the asbestos removal and clean up. They turned to us for help. We provided a short-term gap solution for three months enabling the clean up to occur and construction to remain on course.

Exit: Construction refinance

One of our clients needed $470,000 urgently for a deposit at an auction they were attending.
We raised the funds as a first mortgage against an investment property the client owned in regional NSW. As a result, the client was able to attend the auction and secure the property.

Exit: Refinance

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 purchased the property and required cash-out. The subject site was being leased to a commercial car-parking operator as a monthly license agreement terminable upon the licensor providing 30 days’ notice.

Exit: Re-finance through development facility

Borrower was asked to refinance by their incumbent bank.
Main security assets comprised of a luxury house overlooking the Sydney Harbour. Loan was clearly for commercial purposes Incumbent bank paid out fully. Additional cash out provided to refurbish the home.
Transaction settled in 9 working days. Interest rate 11% pa.

This was a construction finance facility to assist with the development of residential, commercial and retail units on the DA approved property located in the Inner West of Sydney. The project did not have presales however the end LVR is acceptable at 65%, allowing the sponsor to comfortably refinance through a more conventional lending institution at the maturity of the term.

Exit: Re-finance facility

The client wanted to procure funding to assist with the acquisition of commercial property in Sydney’s West. This acquisition became part of a larger property portfolio consisting of two other properties in the same area, as well as properties in 4 other Inner West locations.

Exit: Re-finance through development facility