$1.71 Million First Mortgage for Sydney Business Startup and Working Capital
Assurity Capital settled a $1.71 million first mortgage in October 2026 to support the establishment and working capital needs of a Sydney business. Residential property provided the security. Borrower names and identifying property details are omitted.
The funding requirement
The business needed capital to establish operations and fund working capital. The transaction shows how property security can support a commercial funding requirement, even when the business itself is at an early stage.
The settled loan
Loan amount: $1,710,000. Security: a first mortgage over Sydney residential property. Assessed security value: $2,650,000. Loan-to-value ratio: approximately 64.5%. Term: 12 months. Settlement: 8 October 2026.
The stated purpose was business establishment and working capital. The proposed exit was refinance or sale. These were proposed repayment pathways at settlement; they are not a claim that a refinance or sale has since occurred.
Why the security and exit mattered
The security value and loan amount provided a clear basis for assessing the property-backed transaction. The working capital purpose and proposed repayment pathway also formed part of the scenario. A property-backed loan still needs a workable repayment plan; property equity alone does not determine approval.
What business owners and brokers should provide
For an initial assessment, outline the amount required, intended use of funds, property security, existing secured debt, required settlement date and proposed exit. For a new business, explain who will operate it and how the funding will be used.
Discuss a comparable business scenario
Assurity Capital considers property-secured finance from $50,000 for eligible business and commercial purposes. Each application is assessed individually. This case study describes one settled transaction and does not guarantee the same LVR, terms or outcome for another borrower.
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