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SMSF Loan – 80% LVR, insufficient assets in SMSF

Our client sought to raise funds to purchase an investment property. Total net asset of SMSF was $105,000 which is less than what banks require (usually ranges from $150,000 – $200,000).

We facilitated the finance via one of more than 250 lenders on our panel, there was no need for extra funds into the SMSF.

Amount:             $240,000

LVR:                    80%

Interest rate:     5.99%