Private loan: Surfers Paradise QLD

Assurity Capital provided 1st mortgage private loan of $845,000 secured against apartment located in Surfers Paradise for the purpose of working capital to purchase stock - 65% leverage.

The borrower won a contract to supply a major pharmacy brand which required them to purchase a significant level of stock to meet their contractual obligations. Assurity Capital provided a private loan which allowed them to buy stock almost immediately.

Assurity Capital is a non-bank lender providing private lending and private loan solutions.

To discuss your private lending or private loan requirements please contact the team