Poor Credit History?
Cash Flow Problems?
Lack of Business History?
No Financials?
We approve loans no matter what your situation is.
Mezzanine Finance for developments
Sometimes you need an additional 10-15% LVR to purchase a property or to assist with the development of a property. Mezzanine Debt Finance is a useful tool for increasing the loan amount available to a commercial property or property development. You may have limited cash, or simply want to contribute less to boost your return on equity. Mezzanine loans are a useful tool for boosting your loan size against the property value.
Mezzanine finance allows you to:
- Contribute a lower equity amount to purchase, develop or hold a property
- Own a greater number of properties for any given equity amount.
- Improve your ROE on funds invested in a property
- For construction, conserve your cash
Mezzanine finance can also be used for business projects. It is a customised process based on strength of the borrower, experience, and the fundamentals of the property or project you are funding. We can deliver mezzanine funds via a simple second mortgage or for larger requirements seamless senior and subordinated loan structures. We will give you clear advice if mezzanine funding is available to you.
Benefits for your business for choosing us:
- All circumstances considered
- Review of your business and finance needs.
- Finance solutions tailored to your needs
- Fast and easy access to finance
- Competitive pricing
- Hands-on, personalised service from dedicated staff.
Even if your business fits into one of the following categories, have a talk with our friendly consultants, and we will come out a solution that suits you:
- Poor credit history
- Previous defaults
- Cash flow problems
- No financials
- Lack of business history
Key Features
Basic Finance can arrange equity finance or joint venture in acceptable projects where up to 100 % of project costs are covered of land subdivisions and development costs.
Equity Finance is typically secured by a second mortgage position, or by taking a direct equity position in the project.
Joint Venture finance of up to 100% of costs project
Amounts up to $10,000,000
Fee based on profit share