2nd Mortgage/Caveat Loans

STRATEGY I SOLUTIONS I INTEGRITY
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Fixed interest rate from 17%pa, 2 months to 5 year terms, up to 80% LVR, cash outcredit problems ok
Biz 1 has a panel of Private Lenders who specialise in this market.

We understand that some people want a simple process, quick settlement and in many instances
cash released with no questions asked.

We treat all enquiries with strict confidentiality and get the loan with the minimum of fuss.

PRIVATE FUNDS

Very simple process & speedy settlements                                                                                        

Purpose Any non regulated business purpose SMSF OK
Loan Amount $10,000 to $500,000
Interest Rates All fixed rates
Up to 50% LVR from 17%pa
50% to 65% LVR from 18%pa
65% + LVR from 20%pa
Individual circumstances will be considered when pricing                
Max LVR 65%
Term Min 2 months
Max 5 years (rates must be pre negotiated)                
Security Residential
Vacant Land
Commercial
Industrial                
Location Victoria other States subject to security location
Serviceability

Self certified (for Low Doc)
Letter from the Borrowers/Guarantors Accountant confirming
that they have the capacity   to meet the financial obligations
of their Loans without hardship                

Cash out Yes – no restriction
Credit History Unpaid defaults & judgements acceptable
Fees Valuation, Legal, Loan Management & establishment fees are applicable
Fees will vary depending upon the Security offered and Loan size
You should budget for about 2% upfront and 0.25% ongoing