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  • Facility Type
    Senior Debt Facility
    Facility Limit
    $10,150,000
    Interest Rate
    12% per annum
    Loan to Value (Max)
    70%
    Senior Lender
    LC Security No 2 Pty Ltd
    Security
    1st mortgages over 63-65 City Road, Southbank, VIC, 3006 and 67-69 City Road, Southbank, VIC, 3006
    City Road, Southbank, VIC
    FUNDING COMPLETE
    Borrower
    Collins McPherson Australia Pty Ltd
    Investor Rate
    10%
    Total Commitment
    $10,150,000
    Estimated Commitment Term
    5 months
    Lend Collective Minimum Commitment
    $$2,030,000
    Subscriptions received to date from investors
    $$8,120,000
    Participation Commencement Date
    27 January 2020
  • Facility Type
    Subordinated Debt Facility
    Facility Limit
    $875,000
    Interest Rate
    18% per annum
    Loan to Value (Max)
    70%
    Senior Lender
    LC Security No.3 Pty Ltd
    Security
    1st Mortgage over 11-13 Pearson Street, Cremorne, VIC, 3121
    Pearson Street, Cremorne, VIC
    FUNDING COMPLETE
    Borrower
    Gantal Investments Pty Ltd
    Investor Rate
    16%
    Total Commitment
    $875,000
    Estimated Commitment Term
    5 months
    Lend Collective Minimum Commitment
    $87,500
    Subscriptions received to date from investors
    $787,500
    Participation Commencement Date
    20 December 2019
  • 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;
    Lot 3807 Preece Way, Rockbank, VIC, 3335, and
    Lot 194, 36 Wallaroo Way, Strathfieldsaye, VIC, 3551.
    Mickleham Road, Mickleham, VIC
    FUNDING COMPLETE
    Borrower
    JG King Display Homes Pty Ltd
    Investor Rate
    10%
    Total Commitment
    $1,342,339
    Estimated Commitment Term
    36 Months
    Lend Collective Minimum Commitment
    $142,339
    Subscriptions received to date from investors
    $$1,200,000
    Participation Commencement Date
    2 September 2019