Non-Recourse Commercial Facility

Purpose of Loan: To fund the acquisition of a commercial property in regional Qld to an overseas purchaser on a non-recourse basis

Loan Limit: 1st Mortgage – $500,000

LVR:  – 55% of the Value of the Security Property

Loan Term: 5 years

Facility Type: Fixed Rate Commercial Facility

Interest Rate: 5.24% Fixed for 2 years