The Borrower had had an application in with a specialist SMSF lender for over 6 months and could not receive a yes or a no.

There were family circumstances involved and a desire to keep a long-term family asset as part of the asset pool.

The property was occupied by a commercial tenant who had just commenced leasing the commercial tenancy with a bank guarantee supplied.

Kalx Capital assessed the transaction within the same day, provided an approval to the Borrower and the facility proceeded to settle within 21 days.