The Brokerage were engaged by their long-term client to renegotiate an expiring term on their commercial investment facility. Current LVR was 55%, our client was seeking an equity release to fund other developments within the group. Our experienced team were able to successfully negotiate terms with a lender that allowed our client to release $1,300,000 in equity and increase their LVR to 70%.
We’re passionate about helping our clients navigate the complexities of the property market and achieve success in their projects. Please reach out if you’d like to discuss your financing options for all of your commercial needs.
Loan Amount: $5,250,000
Gearing: 70% LVR
Lender: Bank
Interest Rate: 6.46% (fixed)
Term: 2 years
To find out more about how we can help, contact our team today.