Torrent Securities Advantages
Availability of Funds
Competitive Interest Rate/Fees
Structures to fit project
From a small multi-dwelling development to a large subdivision, or commercial build, we can get your project off the ground.
We consider each loan proposal personally and confidentially, structure it in the most effective way, optimise the terms and deliver a presentable offer.
We endeavour to:
Providing the best rates and terms we can
Considering residential, commercial and industrial developments
Refinancing existing lenders, when needed
Financing your project to the stage it is accepted for prime lender security
Developing structures so that pre-sales are not always required
Generally, when providing short term bridging finance there is a clear expectation of repayment from a given source or event.
Examples include purchasing another property before you can have a confirmed sale or the settlement of a sale for an existing property. Sometimes things do not always fit perfectly or go as planned. Bridging finance maybe the best solution, and we can help.
Frequently Asked Questions
What is Property Development Finance?
What types of loans are available?
Does Torrent Securities Fund Construction Loans?
How is Interest paid on your loans?
- Capitalised Interest
Interest is calculated and added to the loan balance each month with the total amount of capitalised interest and principal paid in full at the end of the term.
- Interest Only
Interest is charged and paid monthly on the loan balance.
- Principal and Interest
Regular payments of both interest and principal are made, generally on a monthly basis (with quarterly or 6 monthly options also available in certain circumstances).
How much can I borrow?
Torrents Funding facilities start at $2,000,000 on a single project.
What fees do you charge?
How does the AML affect you and your application?
The statutory requirements mean that all entity types including individuals, need to provide information about the entity and anyone who acts on its behalf before Torrent can enter into a transaction.
The Act affects all financial Institutions and banks without exception so we are required, by law to complete the correct verification. If you have any questions around the AML/CFT criteria please do not hesitate to contact us.