Australian banks continue to hold high interest rates, real estate developers are on the brink of survival

Australian banks continue to have high interest rates. So this is how you can turn the tide? ! Recently, my friends around me are overwhelmed by the continued high interest rates of banks. Australia has maintained a base interest rate of 4.35% for 10 months.

The protagonist Xiaolin, as a well-recognized local real estate developer, encountered unprecedented challenges. His project was originally progressing smoothly, but the Reserve Bank of Australia has maintained a high base interest rate, and the apartment buildings he developed have also entered a period of stagnation in sales, which has caused problems with the cash flow of the market company. To make matters worse, the bank he has been working with did not provide any help, but instead cut off the source of funds. It began to urge him to repay various construction loans as soon as possible. On one hand, there are apartments that cannot be sold, and on the other hand, there are banks that need to be repaid immediately. Xiaolin is under great pressure and urgently needs a sum of money as a transition.

Later, through the recommendation of a friend, he found the Rongqiao Bridge Loan team, which provided him with a flexible financing plan. Xiaolin mortgaged all the unsold buildings to them, including the newly developed properties in Liverpool, using the method of "selling one house and releasing one house" to ensure that he could steadily release funds and maintain sufficient cash flow for the project. What he didn't expect was that Rongqiao Bridge Loan responded very quickly. In less than three days, he successfully borrowed 4 million Australian dollars. This fund was injected in time to ensure the continued operation of the overall project.

Rongqiao Bridge Loan has won the trust of customers with its excellent service, providing personalized loan solutions, loan pre-approval within 24 hours, and loan disbursement within 72 hours. In addition, Rongqiao Bridge Loan also promises "no success, no fee", helping real estate developers like Xiaolin solve funding problems at a critical moment and successfully solving their urgent needs.