Buying time to maximise profit

Buying time to maximise profit

Buying time to maximise profit
Project Details

Location:
Spring Hill, Queensland

Facility Amount:
$2,346,500

LVR:
65%

Deal Writer:
Rhys Adams

Unique feature of the deal

The Borrower raised short term capital to acquire and finish a partially complete medical centre in Spring Hill.

Upon completion, Balmain provided funding to refinance the bridging loan and provide time for an orderly sell down of the medical suites to enable the Developer to maximise their profit.

Funding was provided through the Balmain Mortgage Fund.

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