Loan Type

Loans for Commercial or Investment purposes only.

Loans captured under the National Consumer Credit Protection Act 2009 or Third Party Loans will not be considered.

Loan Purpose

  • Property Purchase
  • Refinance / Portfolio finance restructure
  • Development/Construction Finance
  • Equity release

Loan Term

3 to 24 months.

Loan Amount

From $500,000 to $5,000,000. Larger loan amounts may be considered.

Security

First registered mortgage over Real Property within Australia.
General Securities Agreement and personal guarantees from the Director(s)/Principal(s)

Security Property Type

Residential, Commercial and Industrial – Established or Vacant Land

Specialist security will not be considered

All Security Property to be independently valued by panel valuer of Vertex.

LVR

Up to 65%. May consider up to 70%.

Fees & Rates

Priced upon application and assessment

Servicing

Interest to be pre-paid within the approved facility. Borrower may service monthly interest payments subject to satisfying serviceability criteria.

Credit History

Clean credit record and a successful history in transacting of assets similar to the Loan Security offered.

Loan exit

A clear loan exit strategy must be provided.

Sale or refinance of the security property or a facility restructure is acceptable subject to Vertex confirming that the proposed exit is reasonably achievable.

Borrower profile

Experienced property investors/developers with a proven track record.
Australian Residents and/or Australian registered companies/entities only.