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February 28, 2018

Loan Product Alert March 2018

Stamford Capital is able to secure construction funding from $1.0m up to $25m for developers at interest rate up to 10.35%, No line fee and NIL presales up to $2.0m.

Presales

Up to $2.0m Nil Presales
$2.0m to $5.0m 50% presale cover
$5.0m to $15.0m 75% presale cover
Over $15.0m to $25m Case by Case
Establishment Fee 1.50%
LVR on Completion 65%
Low Documentation (accountant certification)
Eastern Seaboard, Adelaide and major satellite cities
We also have access to an extremely keen product in term loans for commercial, retail and light industrial properties.

Rates from 5.99% pa up to $2.0m loan amount and up to 70% LVR
ICR 1.25x
ICR 1.25x
Lo doc, lease doc and full doc options
Up to $5.0m at 65% LVR