Acceptable Loan Purposes:general-loan-1-03

  • Specifically to assist in the purchase of Rent Rolls (larger businesses with at least 200 properties under management).

Approval Criteria:

  • Minimum 3 years experience.
  • Hold a current Real Estate Licence.
  • Incorporated: Fixed & Floating Charge plus Directors Debt and Interest Guarantees.
  • Unincorporated: Bill of Sale.
  • Note: Security over the rent roll must not be the primary security.
  • Preferably, freehold security by the principals/directors is also to be held in all instances.

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