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  • Facility Type
    Senior Debt Facility
    Facility Limit
    $4,000,000
    Interest Rate
    11% per annum
    Loan to Value (Max)
    65%
    Senior Lender
    LC Funding No. 4 Pty Ltd
    Security
    1st Mortgages over:
    Lot 311, 2090 Mickleham Road, Mickleham, VIC, 3064;
    Lot 3806 Preece Way, Rockbank, VIC, 3335; and
    Lot 3807 Preece Way, Rockbank, VIC, 3335.
    Mickleham Road, Mickleham, VIC
    FUNDING COMPLETE
    Borrower
    JG King Display Homes Pty Ltd
    Investor Rate
    10%
    Total Commitment
    $750k
    Estimated Commitment Term
    36 Months
    Lend Collective Minimum Commitment
    $75k
    Subscriptions received to date from investors
    $675k
    Participation Commencement Date
    2 September 2019