$8m+ Construction Loan - Quality borrower, whilst prime bank clients, however not experienced at larger scale Property Development proposed along with higher than expected costs caused the LVR to increase beyond their financial capacity leveraged at above 90% of costs. Having strong fundamentals such as a quality builder, 70%+ pre sales importantly sold at fair value market pricing, ready for immediate construction start, professionally well run project, etc, ACMF successfully arranged a structured finance package together with another property with ACMF ranking last in the 3 mortgage debt stack. As a result of ACMF involvement, the First Mortgagee was happy to proceed due to its relationship with ACMF. Like all construction loans, ACMF monitors each development reporting back to the stake holders. The key here was simply quality builder, strong presales at valuation (not inflated) independent management.