Short Term Finance to $10m & settled in 3 B/days*

  • Loan Offers quote “funds have been made available if accepted within the offer term”;

  • 2 month terms (min term) -12 months (all loan offer Term of 6 months early release ability);

  • Credit issues, ATO debt, past default etc accepted (brief explanation required);

  • Examples, unreliable bank on a purchase, current financier threaten OR has re possessed, ATO/creditor demand, OR simply secured a great acquisition on a short settlement and repaid for example, by selling other property.

  • Loans funded internally by direct investor relationships, pre approved by ACMF Credit;

  • Rates quoted on each deal, since July 2019 below 9% PA up to 60%, above this quoted;

  • Fastest Loan settled, November 2018, $7.150m in 2 business days (Lawyer Ref available)

  • Larger case by case, all loans our lawyers confirms funds ready with the other side lawyers;

THAT’S OUR POINT OF DIFFERENCE

Bridging Finance - medium term financing

  • 6-12 month terms - Valuation required from 60% - 65% LVR otherwise internally assessed;

  • Ideal for medium term to settle a property urgently or a general holding position;

  • Funding sizes from $1m - $10m (larger case by case);

  • All loans are funded by direct investor relationships hence the fast response time;

  • Current interest rate available 7.1% pa if below 60%;

*Please note: Loans are only available to companies for business purposes only. Fees, charges & underwriting costs apply to all lending. Urgent settlements in a few days typically have existing valuations, adequate security and repayment details to satisfy ACMF's investor & credit team.

VALUATIONS

Many times when reliant upon older valuations due to time constraints to allow us to settle with a 2 -3 business days, the LVR is required to be below 70% with a defined repayment plan and based on internal assessments to back up our research.

FUNDING AVAILABILITY

Asset lending based on asset values / product demand / borrowers business / repayment plan. All funding is subject to the availability of funds at that time. When Loan Offers are issued, they have a cut off time frame for acceptance to secure funding.