ACMFinance  | Fast Property & Construction Finance

Preston, VIC

Multi Townhouse Site

Overview

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.

Solution

ACMF structured a competitive solution at 6% pa and low fees due to its low LVR and quality position attracting investors at lower rates.

Location

Preston, VIC

Date

2021

Facility Provided

Construction Loan

Amount

$3,800,000 at 6% pa

Application Forms

Please see below our construction, refinance & bridging loan application forms to fill out and submit to us.