Got to what it takes to solve the toughest loan problems? Can you help out with this week's scenario.
Have you got the know-how to fit even the toughest loans? Each week MPA brings you one stumper of a loan scenario, posted by our readers, and asks you for the answers.
Today a client in NSW is looking for a commercial construction loan to buy land for around $600,000.
Their goal is to develop five townhouses to sell.
The project cost is about $2.1m.
Which bank would be ideally suitable?
What would be the finance rate?
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