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What we require for a letter of offer:

• Clear commercial use of the funds with the amount required

• The full address of the proposed security and details of the security type (E.G. House, land, commercial premises, warehouse, office etc.)

• The client's estimated value of the proposed security

• The current debt level on the security property

• The term required (1-18 months) and the exit strategy after our term expires to pay out the balance 

• Details of the guarantor(s)

• Details of the borrowing entity with their ABN and the nature of their business

Valuations:

Valuations of our client’s security are always carried out at fair market value. Valuation quotes are provided before valuation, and clients proceed if they are happy with the pricing offered. We engage a highly professional panel of valuers, who we can rely on to give accurate property reports. We always make sure that our core value of ethical transparency is upheld.