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 Ben Lexcen Place, Robina, QLD 4226. Valuation: $4,500,000. Loan size: $2,700,000. Duration: 12 months, with a 3 month minimum and 3 months prepaid. Investor return: 11.5%. Equity: $1,800,000. LVR: 60%.







