Re-finance existing land debt – Waikato
Loan Amount:
$3.4M
Interest Rate:
11.5% p.a.
Loan Term:
12 Months
Location:
Waikato
Background
Loan Purpose:
- To re-finance an existing land debt planned for a 3.2ha lifestyle block development.
- LVR 50.9%
- The borrower is well known to AFS and widely recognised for their success in establishing and growing kiwifruit orchards within the Waikato and BOP regions.