TERMS
Loan Sum $2,500,000.00
Position 1st and 2nd mortgages
LVR 55%
Rate to Borrower 9.95%
Min Term 12 months
Max Term 12 months renewable
Scenario
A property developer with a considerable property portfolio of tenanted residential properties sought a simple solution to pre-pay interest for a 12-month term with the possibility of rolling over on a serviced interest basis (at prevailing rates) thereafter to improve cash-flows and direct income to a multi-lot subdivision in Melbourne with cost over-runs.
A simple application and no fuss funding solution.
Commercial lending
Semper is a leading non-bank lender specialising in property-secured loans to businesses in any industry with loan sums from $250K – $30M 1st and 2nd mortgages Australia-wide up to a maximum LVR of 80%.
Semper offers a wide range of flexible products tailored specifically for you. We specialise in all your short-term and bridging finance needs.
We don’t do loans the banks won’t, but assist when the banks can’t, usually due to timing or circumstance.
COMMON LOAN USES
Rapid property acquisition pending alternate finance;
Managing cash-flow challenges, such as:
- Tax liabilities and ATO debt
- Replacement finance or deleverage from an existing lender
- Pre-insolvency issues/ release from administration and turnaround
- Creditor payments
- Release of equity
- Debt refinancing
- Seasonal trends
- Business emergencies
- Bridging the gap between sale and purchase (residential or commercial)
- Rapid drawdown and equity release
- Buying a business
- Meeting the capital needs of a growing business
