Solicitor approached Our Lending manager on behalf of a overseas investor client, client wanting to cash out on current commercial Hotel property in kangaroo Island ( postcode 5223 SA). Needing a short term cashflow to pay for other business running cost due to COVID, with the current Australian dollar on the rise. Client can gain faster and much more cost effective funding through Maxiron Cash out ( equity release ) rather overseas currency converted fund.
Cashout from rural commercial suburb
1st Mortgage on Rural commercial property
5 months loan period (option to extend )
No citizenship or resident requirement.
Zero Postcode restrictions allows client to have the flexibility to cash out anywhere on any property type. Cash out settled in 4 days to meeting the clients urgency.