Simple Property Loans

Loan Settled | Lower Plenty, Victoria

Simple Property Loans has settled a $1,630,000 facility secured by a residential property in Lower Plenty, in Melbourne's north-east.

Structured at a conservative LVR with a clear exit, the facility provides the sponsor with short term capital while progressing their broader strategy — a common scenario where traditional finance can't move fast enough.

The Deal:
✅ Loan amount: $1,630,000
✅ Interest rate: 7.99% p.a. Fixed
✅ Term: 12 months
✅ Security: Residential property, Lower Plenty VIC
✅ LVR: 54%
✅ Purpose: Property-backed business finance

A pragmatic, property-backed solution delivered on the borrower's timeline.