Premium bank client with a strong balance sheet, unfortunately his bank would not fund his development without 100% debt cover. As a result, the developer had a choice of reducing prices or building and selling on completion and gaining a 5% - 10% prices due to a premium product. The developer sort the assistance of ACMF.
ACMF structured a competitive solution at 6% pa and low fees due to its low LVR and quality position attracting investors at lower rates.
Preston, VIC
2021
Construction Loan
$3,800,000 at 6% pa
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