Assetline Capital is a specialist secured short-term asset lender. We provide loans secured against property, to a maximum LVR (loan to value ratio) of 70%. The borrower must be a company (or, if an individual, the loan used predominantly for business purposes). Assetline Capital’s loans are from 1-12 months and we can fund up to $10,000,000 per individual transaction.
Property loans, whether secured by 1st or 2nd mortgage, rely on the property in question to secure the lender’s interest to the borrower. The borrower undertakes to pay Assetline Capital a fixed monthly interest amount and the to repay the capital at the end of the loan period. The security property can be by way of commercial, residential or industrial property.
Assetline Capital conducts its own valuation of the properties using a combination of external valuers and independent market appraisals (usually real estate agents). Loans can generally be settled within 24-48 hours from receipt of all loan documentation.
Providing property as security is a very effective way for borrowers to release cash to take advantage of business opportunities.
If you would like to unlock value from a property to be used for a business purpose, contact us today to see how we can assist.