Discrete Loan 10138
Min $ 100,000
Overview
- Updated On:
- June 27, 2024
- Private Credit
- 8% - 9.5% pa
- 12 Months with 6 months min earn
- Single
Description
SILC Credit Fund – First registered mortgage to support borrower with acquisition of a project site in South Melbourne with intention to develop 2 townhouses.
Fund Details
Property Id : 19517
Price: Min $ 100,000
Fund Year: 2022
Asset Class: Private Credit
Investment Type: Single
Target Return: 8% - 9.5% pa
Target Raise: $1.66M
Investment Term: 12 Months with 6 months min earn
Valuation Frequency: Monthly
Distribution Frequency: Monthly in arrears
Status: Closed
Asset Sponsor: SILC Portfolio Solutions
Application Link: www.olivia123.com.au
Maximum LVR: 85%
Loss Protection: 15%
Fund Manager: SILC Portfolio Solutions
Tax Advisor: HLB Mann Judd
Legal Advisor: HWL Ebsworth Lawyers
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