February 13, 2020
In
Commercial Finance, Residential bridging finance
Gap in settlement
Amount:$700k
Term:6 months
Exit Strategy:Proceeds from the sale of the existing home.
The client sold their existing home and purchased a new home. There was a gap in settlement dates and the client was at risk of losing their deposit without short term funding.
Amount:$700k
Term:6 months
Exit Strategy:Proceeds from the sale of the existing home.