Loan Amount: $4,595,000
Loan to Property Value Ratio (LVR): 106%
Finance for a Commercial Real Estate purchase is generally limited to 65% to 70% LVR, but in this instance York Finance was able to negotiate a loan that was equivalent to 106% of the property’s value. This is possible when the client’s financial position is strong, which gives York Finance more bargaining power when brokering the deal with the banks.
The client now has the ideal property for their growing business!
