The Situation
A property developer based in Queensland was presented with a strategic opportunity to acquire a development site in the Gold Coast, one of Australia’s most competitive and fast-moving markets. With a settlement deadline fast approaching, the borrower needed a flexible and timely finance solution to complete the acquisition—one that traditional banks could not deliver in time.
The challenge was to secure the required capital under tight time constraints, without compromising the borrower’s long-term strategy or over-leveraging the property.
Our Solution
Empire Capital provided a tailored funding package totalling $4.3 million, structured as a combination of:
🔹 First Mortgage: 55% loan-to-value ratio (LVR)
🔹 Second Mortgage: 10% LVR component
The total loan represented an overall 65% LVR, based on the current valuation of the site. This strategic structure enabled the borrower to meet the acquisition timeline while keeping the primary loan amount conservative and manageable.
A key feature of this facility was the option for the borrower to repay the second mortgage portion within three months—which they successfully did. This reduced the ongoing LVR to 55%, improving the borrower’s financial position while enhancing the lender’s security.
The Result
Thanks to Empire Capital’s responsiveness and creative structuring, the borrower was able to:
- Secure full acquisition funding on schedule
- Settle the property with confidence and no delays
- Strengthen their leverage position by repaying the second mortgage early
- Position the project for successful development with greater equity control
Why It Matters
This transaction showcases Empire Capital’s strength in providing bespoke funding solutions—balancing the urgency of property transactions with long-term financial security.
By offering a staged repayment option and flexible structure, we delivered a true win-win for both borrower and lender—demonstrating how private lending can align investment returns with real-world borrower needs.
If you’re seeking a tailored lending strategy for acquisition, development, or refinance, Empire Capital is ready to deliver with speed, certainty, and structure.
