Funding on ausbiz TV
Funding’s Founder and CEO, Jack O’Reilly, spoke to the team at ausbiz TV about our latest $5million capital raise with Sydney based venture capital fund, Equity Venture Partners.
Watch the video to learn more about how the recent capital raise will assist our Brokers, Borrowers, and Investors in making the most of their money.
“Funding is becoming Australia’s leading Mortgage Marketplace. Our Series-A capital raise allowed us to expand on our technology and make things even faster and simpler for our customers… The latest capital raise will be used as a warehouse, allowing us to fund and list loans quicker than ever.”
Keen on more info? Get in contact today.
FYE 2021 Q1 Investor Update
Funding’s Q1 update for the 2021 financial year (FY) includes an information overview of first mortgage investments made available during the quarter.
Another Successfully Repaid Investment: Yeppoon, QLD 4703
The loan was repaid on time with all investors being paid their full principal and interest amounts after the borrower refinanced to a mainstream lender.
Correctly Defining the Registered Owners on Title in Private Lending
This video explains why it is essential for brokers and borrowers to correctly outline all of the registered owners on the title when applying for a loan. In addition to ensuring all tenants are listed, the borrowers must also identify who is benefiting from the mortgage transaction (transfer of benefit).