Product: Business Flex
Scenario: Working Capital
Location: Metro Sydney
Security: Residential Security
Loan Amount: $300,000
The Borrower refinanced existing finance faculties for $3,000,000 addressing numerous caveat and legacy debt issues.
There was a requirement for a short-term 2nd mortgage required to provide working capital as the Borrowers business was growing at a rapid pace.
The Borrower has explored other “cash-flow” lending solutions but were not suitable.
Kalx Capital utilised existing valuations and quicky provided the Borrower with a 12-month 2nd Mortgage which assisted the client in overcoming their short-term cash flow hurdles in just 11 days.
