A premium bank client urgently needed construction finance in Melbourne to complete a project due to cost overruns; the debt grew larger than the bank limits allowed and most lenders do not lend on partially completed developments.
ACMF offered them a short-term loan to complete the project, our loan secured by way of a registered 2nd Mortgage. The Project Manager reported fortnightly to ACMF.
Completed the project in a timely and professional manner & allowed the owner to focus on new buyers.
Melbourne VIC
2016
Short Term Loan
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