We recently secured a $1.26M facility increase, raising the total loan amount to $4.97M, to support the cashflow requirements of a rapidly growing client. Backed by an updated valuation of their property, the facility was structured at 70% LVR, priced competitively at 6.60% p.a. (BBSY 4.50% p.a.), and remains interest-only.
Despite potential lender hesitations around funding without a specific purpose and this being the client’s third or fourth increase request, we successfully highlighted the strong valuation and the client’s ongoing growth trajectory. This allowed us to secure the required funding to support their expanding operations.
At STAC, we excel in navigating lender challenges to provide clients with the flexibility they need to scale their businesses. If you’re seeking a tailored funding solution, let’s work together to unlock your growth potential.