Resilience meets opportunity

CLIENT SCENARIO #1 Why did this client need our funding: Equity release to support a new property acquisition. Amount: $200,000Industry: Property investmentLocation: AucklandLVR: 75%Type of security: Second mortgage over residential investment property portfolio behind a main bank.Path to repayment: Sale of investment property from the portfolio. Why Merx: This client owned a portfolio of newly

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Practical funding in action

CLIENT SCENARIO #1 Why did this client need our funding: Bridging finance to help a property investor who needed access to equity tied up in their long-term investment portfolio to support a refinance of another portion of their portfolio from an expensive short-term funding arrangement. Amount: $150,000Industry: Property investmentLocation: Waikato / AucklandLVR: 65%Type of security: Second mortgage

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Purpose-fit finance for property clients

CLIENT SCENARIO #1 Why did this client need our funding: Funds required to complete a subdivision, section has sold unconditionally and will settle once the title has been issued. Amount: $100,000Industry: Residential property developerLocation: Auckland CityLVR: 65%Type of security: Second mortgage over residential property.Path to repayment: Funds from settlement of section once subdivision is complete.

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