90 residential Lots (including Super Lots) located in Hobsonville Point, Auckland. The subdivided sections were unencumbered, and the client required funding to complete the construction of houses across the wider group. An on-demand cashflow facility was provided to enable the group to meet cashflow obligation.
| Loan: | $20,000,000 |
| End Value: | $33,500,000 |
| Loan-to-value: | 60% |
| Term: | 12 months |