Commercial SMSF Purchase
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First Point Group recently assisted clients who were purchasing a large factory for their business operations.
Our clients sought advice from their Accountant and decided to purchase the property within their Self Managed Super Fund.
Challenges Faced
The opportunity to secure funding of commercial (and residential) SMSF purchases has recently become very challenging, with most Lenders either withdrawing their offerings or limiting offers to existing clients only.
Outcome
We were able to research the market and locate a competitive and flexible (non-Bank) Lender to meet our client’s needs.