Details.
First mortgage financing deal secured by a personal guarantee, GSA over all business assets and a first-ranking mortgage over a residential property on Henry Street, Chermside, QLD 4032. Valuation: $3,800,000. Loan size: $2,242,000. Duration: 12 months, with a 3 month minimum and 3 months prepaid. Investor return: 10%. Equity: $1,558,000. LVR: 59%.







