Borrower assumed their bank would fund their prime development DA approved site however with less than a week to go and a rescission notice issued the borrower realised the bank was unable to assist in meeting the settlement date. Upon approaching ACMF within 2 business days ACMF provide the $7.150m to settle the land and met the deadline imposed of 4 business day settlement (2018). Importantly ACMF lawyers advised within 2 business days funds are available set aside and provided this to the Vendor Lawyers.