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Urgent Funding for Timber Business Opportunity
Fast capital secured against commercial assets to capture a time-sensitive business opportunity.
Transaction Overview
Our client required urgent funding to capitalize on a discounted bulk timber purchase. Traditional banks could not meet the 7-day settlement requirement. We stepped in to provide a rapid $600k facility secured by their existing Melbourne commercial premises at 68% LVR, allowing the business to secure the inventory and realize a significant profit margin.
Key Metrics
Loan Amount
$600,000
Interest Rate
1.45% p.c.m.
LVR
68%
Location / Asset
Melbourne
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