Recent Transactions

The owner of the winery had a first mortgage with a major bank and a second mortgage with a private lender.

Direct Funding re-financed the existing second mortgage and increased the loan amount to provide further working capital.

Exit Strategy: Refinance both first and second mortgage through a major bank.

The client had agreed to purchase a petrol station from the receivers of a company. The client had obtained a first mortgage from a major bank but required further funds to facilitate settlement.

Direct Funding provided the second mortgage loan for the shortfall which allowed the borrower to complete the purchase.

Exit Strategy: Refinance the second mortgage into the first mortgage once trading history cold be demonstrated.

Client owned premises from which a related entity operated a dental practice. Client wanted to develop the property to expand the business by increasing capacity to take on additional practitioners.

The client owned three properties with large first mortgages to major banks on each.

Direct Funding provided a loan facility to the client secured by mortgages second registered on the three properties.

Exit Strategy: Sale of one of the investment properties