Urgent Site Purchase Loan Settled: Tarneit, VIC
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The Lambert Capital Property Credit Fund successfully settled a tailored loan facility for a long-standing client who needed to urgently settle a site purchase in the growing suburb of Tarneit, Victoria.
Project Overview
- Location: Tarneit, VIC
- LVR: 75%
- Loan Amount: $9.8M
- Loan Type: Site Purchase Loan
Benefits to Developer
- Speed: Settled in 12 Hours to Bring Forward Settlement.
- Certainty of Funding at 75% LVR.
- Avoided Losing Millions in Deposit.
Although the Fund had structured a funding proposal well in advance of the original settlement date, the borrower had received a recission notice and needed an urgent solution to protect their deposit and enable purchase completion.
The developer recognised Lambert Capital as the only viable option to deliver both certainty of funds and a 75% LVR within the compressed timeframe.
Given the Lambert Capital Property Credit Fund had over $40M+ in cash on hand, ready to deploy, the Fund was able to provide genuine certainty of funding - without delays, outsourcing, or last-minute conditions. This liquidity gives our clients the confidence to act decisively when the stakes are high and time is limited.
The Lambert Capital Property Credit Fund team take pride in backing our borrower clients with speed and certainty in funding.
To quickly workshop a deal, reach out directly to:
- Olivia Mackenzie - 0481 775 991
- Peter Daicos - PDaicos@LambertCapital.com.au
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