Cross Collateralisation
The more you cross-collateralise, the more your borrowing power becomes tighter.
A cross collateralisation loan from NWC Finance is based on the true value of all your assets and helps you achieve your desired LVR%.
A cross collateralisation loan from NWC Finance is based on the true value of all your assets and helps you achieve your desired LVR by including all asset types within your portfolio.
Your assets may include any investment properties, cars, boats, plant and equipment, or even outstanding debtors that you may have.
Essentially, cross collateralisation is where the loan can be funded through a mixture of asset classes. For example, if you have insufficient equity within your primary asset, generally property, NWC Finance has the capacity to utilise your non-primary assets as listed above. Cross collateralising them, it allows the borrower to raise the sufficient funds required to complete the transaction.
RECENT SCENARIO
$15M Cross Collateralisation
Product Guide
1st Mortgages
- > Loans from $50k to $50m
- > Up to 70% LVR Maximum
- > Interest from 1% per Month
2nd Mortgages
- > Loans from $50k to $50m
- > Up to 70% LVR Maximum
- > Interest from 1% per Month
Cash Advance
- > Loans from $50k to $50m
- > Up to 60% LVR on wholesale value
- > Interest from 1% per Month
Plant & Equipment
- > Loans from $50k to $50m
- > Up to 70% LVR Maximum
- > Interest from 1% per Month
Minimum Term of 30 days – Maximum Term of 6 Months with roll-over – Interest can be capitalised within LVR guidelines – All Australian locations considered for 1st and 2nd mortgages and Plant and Equipment security
Let’s talk
To learn more about our immediate finance and short term funding solutions, please contact us on 02 9223 7181 or email us at info@nwcfinance.com.au.