← Marketplace
Illustrative Demonstration Data Only — Not Live Market Information.
The asset
SME Direct Lending Warehouse III — the underlying real asset securing this offering.
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Slide 1 of 3: The asset. SME Direct Lending Warehouse III — the underlying real asset securing this offering.
Secondary onlySmall business credit · Melbourne CBD, VIC
SME Direct Lending Warehouse III
SME Direct Lending Warehouse III provides illustrative exposure to small business credit through warehouse mezzanine notes originated by Southern Cross SME Credit in Melbourne CBD, VIC. Demonstration data prepared to show how the Democratise marketplace presents sme direct lending offerings.
SDLW-29ERC-3643 (permissioned)Canton NetworkSmall business credit exposureAustralian domiciledHigher risk profile
Key metrics
- Target raise
- A$92M
- Target yield
- 9.2% p.a.
- Term
- 72 months
- Risk band
- C
- Jurisdiction
- Australia — VIC
- Settlement
- Canton Network
Use of proceeds
- Fund sme direct lending acquisition and development costs
- Establish debt service and liquidity reserves
- Transaction, structuring and compliance costs
Structure
- Sponsor
- Southern Cross SME Credit
- Trustee
- Perpetual Corporate Trust
- Custodian
- Zodia Custody
- Instrument
- Warehouse mezzanine notes
- Ranking
- First ranking senior secured
- LTV
- 67%
- DSCR
- 1.60x
- Maturity
- 2034-06-30
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