Discrete Loan 10145
Min $ 100,000
Open
Overview
- Updated On:
- October 31, 2024
- Private Credit
- 10.25% p.a.
- Expected 14 months
- Single
Description
SILC Credit Fund – The purpose of the loan is to assist the Borrower with the refinance of a property located in Footscray VIC 3011 and to provide pre-development funding in preparation for future construction.
Fund Details
Property Id: 19534
Price: Min $ 100,000
Fund Year: 2024
Asset Class: Private Credit
Investment Type: Single
Target Return: 10.25% p.a.
Target Raise: $5.85M
Investment Term: Expected 14 months
Distribution Frequency: Monthly
Status: Open
Application Link: www.olivia123.com.au
Maximum LVR: 65% on ‘as is’ valuation
Loss Protection: 35%
Fund Manager: SILC Portfolio Solutions
Tax Advisor: HLB Mann Judd
Legal Advisor: Hall & Willcox
Wholesale or Sophisticated Investors Only
To qualify for investments you must be classified as either a wholesale or sophisticated investor. You may require a certificate from your accountant or an AFSL to be provided during the investment application process