Challenge With a large portfolio of residential properties – but limited cash flow – this developer needed a short-term cash injection to meet upcoming obligations.
Solution Through our wide network, a $4.2m Private Lending facility was very quickly arranged. The Loan was directly against the client’s significant property assets.
Outcome As a straight asset lend, it was a very streamlined process with less financial hoops to jump through – the cash was in his account in just over 48 hours.