Professional Services
Atlantis Financial Services
Atlantis Financial Services
Fast Caveat LoansWe will lend funds for the following purposes:
* Provision of working capital
* Property acquisitions
* Settlement shortfalls
* Bankruptcy and foreclosure bailouts
* Refinance of existing debt
* Debt consolidations
* Business acquisition finance
* Most commercial use purposes
* Fund an investment property (or deposit)
* Purchase a business
* Buy new plant or equipment
* Pay tax or other work related expenses eg. wages, legal fees, advertising etc
Lending Criteria:
Residential property located in all major metro areas nation wide (up to 80% of the Loan to Value Ratio)
Commercial and Industrial property located in all major metro areas nation wide (up to 70% of the Loan to Value Ratio)
Special use premises in NSW (the Loan to Value Ratio will be taken on a case by case basis determined by the "quick sale price")
Located in all major metro areas nation wide (up to 70% of the Loan to Value Ratio)
Vacant Land (up to 55% Loan to Value Ratio)
Key Points To Consider:
Term: Flexible loan term up to 12 months.
Prepayment: Generally loans may be repaid at any time without penalty.
Use of proceeds: Loans are made for business or investment purposes only.
Loan to value: Loan amounts can be up to 80% of the market value of the collateral, based on the estimated cash sale price given a 90-120 day marketing time.
Rates: Rates vary from 3-7% per month, paid up front, interest only, depending upon collateral and loan structure.
Loan size: Typically bridging loans are between $100,000 to $5,000,000 based on past and present deals.
Collateral: Real estate only.
Requirements:
* Completed Application Form
* Completed Asset and Liability Statement
* Valuation - your property will need to be made available for a brief
inspection by our valuer. Valuations fees to be paid when the borrower
returns the signed loan approval or market appraisal from ...read more
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