Whether your client needs short-term funding, additional flexibility or a fast solution while transitioning between projects or assets, Connective Advance Private Lending can help bridge the gap.
When traditional lending timeframes don't align with your client's needs, Private Lending can provide a practical solution for short-term, transitional or urgent funding requirements.
Clients can benefit from lower upfront setup costs, longer loan terms, no early repayment fees and no clawback provisions.
Suitable for business or property investment, business equipment purchases, working capital, line of credit facilities, refinance and debt consolidation.
Features include:
Designed for property developers looking to borrow against recently completed developments of 5 to 35 units, with less than 50% retained by the developer.
The borrowers were a Unit Trust seeking funding to renovate an existing residential property into a boutique hotel, with servicing supported by income outside the proposed business.
A General Security Agreement was taken only from the property-holding entity, with no Guarantee or GSA required from the operating entity, providing greater flexibility for future business operations.
0.60% upfront, with flexibility up to 2.0%.
Please note: Private Loans do not attract trail commission.
Refer to our Product Info and Rates for full details or Contact the team if you have a SMSF scenario you’d like to discuss.
Whether your client needs bridging, working capital or transitional funding, your Connective Lending Manager or Connective Advance team can help determine the right private lending solution.
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