Non-Recourse Commercial Facility – Marrickville

Purpose of Loan: To provide a commercial term loan against an inner city Sydney property with short term leases in place, critical component was to secure the funding on a non-recourse basis

Loan Limit: 1st Mortgage – $1,400,000

LVR: 1st Mortgage – 60% of current market value

Loan Term: 3 years

Facility Type: Commercial Loan

Interest Rate: 5.00% per annum