Refinance of Private Debt into Bank Term Debt

1 July 2020

Gold Coast & Sunshine Coast, QLD

Investment Loan

Bank loan facility

The Brokerage had previously arranged a bank loan facility for an existing developer client secured by a service station and DA approved sites in SE QLD.

Due to a requirement to move quickly on the construction of a car wash, The Brokerage leveraged its contacts in private lending to secure short-term funding for the construction.

Our Solution

On completion of the car wash we arranged a revaluation of the portfolio and sourced a new investment loan over the portfolio of assets. The 5-year term funding package was at market leading rates and included $1m in cash out for the client to seek further opportunities.

This solution is a typical example of our ability to assist developer clients work through a full development cycle by providing site finance, development finance with bank or non-bank lenders and then providing long term investment funding.

Loan Amount$6,200,000
Gearing60% LVR 
RateStarting with a 2!
To find out more about how we can help, contact our team today.