Non-bank lender launches new SMSF mortgage product
Assetline Capital has recently launched two new long-term mortgage products for SMEs and SMSFs.
The two new mortgage products, offered under the brand Horizon Mortgages, provides small to medium enterprises and SMSFs greater funding choice in commercial and residential property options.
Horizon Mortgages offers a 30-year maximum term mortgage on a loan size of $500,000 to $2.5 million, giving brokers the opportunity to help more SMEs and SMSF owners unlock equity, refinance, or buy a commercial or investment property.
The mortgage products offer flexible ways to verify income and are supported by an experienced credit team, providing more certainty and choices to SMEs and SMSFs who are looking to invest for their financial future.
SMEs and SMSFs also have the option of utilising equity in existing properties to help them secure long-term investments or business growth.
National head of sales and distribution at Assetline Capital Royden D’Vaz said Horizon Mortgages are striking a chord with brokers and clients who are looking to work with lenders who can help deliver certainty and control over their financial future.
“We are proud to bring these long-term mortgage products to brokers and their SME and SMSF clients, and to make it easier for them to help realise their client’s residential and commercial opportunities in property,” it stated.
“We know the market is looking for choice and we look forward to supporting brokers as they work with their clients to unlock their clients’ property potential.”
Miranda Brownlee
Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.
Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.
