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SMSF Finance

Short Term Construction Loan in SA

Our client needed a short-term loan to compete construction of a vacant investment property in SA.  We facilitated the finance for a six-month term $240,000 loan from one of our private lenders. Property valued at $650,000 upon completion of project. GCC Home Loans was able to secure this finance option in less than a month.

Amount:              $240,000

Interest rate:     Indicative Only variable rate of 9%