Industry
Property
Challenge
The client needed fast access to capital to secure a future development site, with settlement timing that did not align with bank approval timeframes.
Results
Fifo Capital structured a six‑month short‑term business loan, secured against an existing income‑producing property. The $350,000 facility was approved and funded, enabling the client to secure the site and progress plans for a future townhouse development.
Key Product
Business Loan
The Challenge
The client is a property business specialising in the ownership and operation of purpose‑built rooming houses across Victoria, with a proven track record in specialist accommodation assets. They needed fast access to capital to secure a future development site, with settlement timing that did not align with bank approval timeframes.
The Solution
Fifo Capital structured a six‑month short‑term business loan secured by a second‑ranking mortgage over an existing, fully leased income‑producing property.
The facility sat at an overall loan‑to‑value ratio of approximately 78 percent, providing a strong balance of leverage and asset protection.
This structure enabled the client to move quickly on a time‑sensitive acquisition while allowing sufficient headroom for a planned refinance. With stable rental income in place and multiple clear exit options, the solution delivered certainty and flexibility for both the client and Fifo Capital.
The Results
The $350,000 loan was approved and funded, enabling the client to secure the site and progress plans for a future townhouse development.
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