Re-finance existing land debt – Waikato

Development Re-finance - Canterbury
Finance

Loan Amount:

$3.4M

Funding lines

Interest Rate:

11.5% p.a.
Term Length

Loan Term:

12 Months

Location

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.