Our client needed a short-term loan to complete construction of a vacant investment property in South Australia. GCC Home Loans facilitated the finance for a six-month term, a $240,000 loan from one of our private lenders and the property was valued at $650,000 upon completion of project. GCC Home Loans was able to secure this finance option in less than a month, ensuring a satisfied and secure client.
Amount: $240,000
Interest rate: Indicative Only variable rate of 9%