$56M September Settlements

October 2, 2024 by
Credit Connect Group, CCG

According to recent media insights, the private credit sector continues to gain momentum, accounting for over 10% of business lending in Australia. This growth highlights the increasing importance of alternative lending options in today's market, as private credit provides crucial capital for businesses and projects that may not fit the criteria of traditional financial institutions. The ability to offer more tailored, flexible solutions has made private credit a preferred choice for many borrowers.

For Investors, this trend presents an exciting opportunity to access a market segment that is growing and offering attractive, risk-adjusted returns. With private credit filling a significant gap in business lending, those involved can benefit from consistent monthly yields, capital preservation opportunities and first mortgage security. As the sector expands, it's an ideal time to explore how private credit can enhance your financial investment strategies and provide meaningful solutions for your investment needs.

For Borrowers and Brokers, private credit has become an essential alternative to traditional bank lending. With its tailored, fast, and flexible funding solutions, private credit overcomes the limitations of traditional lending, offering faster access to funding and customised options to meet your specific financing needs. 

If you have a scenario, our team is here to assist every step of the way from initial enquiry to final loan approval.

September Settlements

We are thrilled to announce that CCG has written over $56 Million in first mortgage loans in September 2024 alone. These loans are summarised as follows:

Location:

Type:

Amount:

LVR:

New Farm

Residential

$1,300,000

65%

Cairns

Commercial

$1,500,000

16%

Sunbury

Subdivision

$7,800,000

65%

Bateman's Bay

Dev Site

$1,435,000

50%

Orange

Dev Site

$1,072,000

64%

Orange

Subdivision

$2,970,000

66%

Kings Langley

Dev Site

$13,000,000

65%

Blacktown

Dev Site

$6,800,000

65%

Austral

Dev Site

$15,843,000

65%

Lisarow

Dev Site

$3,300,000

60%

Hawks Nest

Dev Site

$1,920,000

60%

​​

TOTAL:

$56,940,000

All of our clients and stakeholders have benefitted from these settlements, including our borrowers, broker partners and our network of sophisticated investors.

Alternatively, if you are a new or existing investor, we have current investment opportunities with investor returns of 9-11% p.a monthly.

To learn more about our fast, flexible, short-term lending solutions or our income-focused, high-return, secured first mortgage investment opportunities feel free to reach out to our friendly team via [email protected] or on 1300 795 507.


DISCLAIMER: The information provided in this article has been prepared by Credit Connect Group (CCG) for general education purposes only and is not intended to constitute specialist or personal advice. While every care has been taken regarding its accuracy no warranty is given or implied. The information contained herein does not constitute financial product advice and or an offer to invest. Investment can only be made by Sophisticated/wholesale investors as defined under the Corporations Act. Past results are not a guarantee of future performance. Investment into mortgages carries risk. We recommend that any investor obtain financial, legal, and taxation advice before making any investment with CCG. Copyright © Credit Connect Group. All rights reserved.

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