Case Studies #3

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Case studies

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$1.8M Development Funding

Speedy was able to provide funding to subdivide a development in SA. Using the development as a 1st mortgage security we approved $1.8M funded within 7 days. The client was set up with an Interest-only product allowing him to pay the balance off upon sale of the lots after the development.

$95k Gym Startup

Speedy was able to provide a client $95k to finalise the franchise agreement in order for them to get their Gym open and trading. This was a 2nd mortgage facility against their residential property at 80% LVR.

$125k E-Commerce Working Capital

Speedy was able to provide funding to an upcoming e-commerce store specialising in the fitness supplement industry. We were able to fund $125k in 2 days allowing them to stock up to meet their client demand.

$800k Duel Townhouse Development

Speedy was able to recently settle a $800k developement for two townhoues. Based on the land value and the GRV Speedy was able to fund the full construciton within 2 weeks.

$200k Agricultural Working Capital

Speedy was recently able to help a client with working capital for their farm. 🌾 Even with the property being classed as quite rural for most lenders we were able to take the client up to 40% LVR and access funds when they were needed most.

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