Lending

Who do we lend to?

Angas Prime specialises in first mortgage lending for any reasonable commercial purpose. Our loans are short term (normally up to 12 months). Loans from $300,000 will be considered although most loans will be in excess of $1 million. Loans may be rolled for a further term, subject to serviceability history, an updated valuation and approval by our Credit Committee.

All loans are interest only, payable monthly in advance. Prepaid interest will often be considered as an alternative to monthly serviceability. Angas Prime is not a 'tick the box' type lender, and will consider all circumstances fairly.

What type of security property will Angas Prime accept?

As an asset based lender, Angas Prime provides finance against prime commercial, residential or industrial real estate, which must be secured by a registered first mortgage. Leasehold properties will also be considered on a case-by-case basis.

The security property must be located in Australia and is subject to an independent valuation report. The Loan to Valuation Ratio ("LVR") must not exceed 70% of the 'as is' value of the property.

Esther Yong

Esther Yong

Angas Prime Portfolio Manager

Commencing employment with Angas in April 2005, Esther Yong has provided excellent lending and credit management support.
Esther holds a Bachelor of Social Science honours degree (majoring in economics and statistics). In common with several of her Angas Prime colleagues, Esther’s prior career was with the ANZ Bank.

In her role as Angas Prime Portfolio Manager, Esther is responsible for making sure loan applications meet all required credit criteria and that all loan conditions have been fulfilled prior to settlement. She also deals with correspondence and data associated with the management of loans and prepares monthly reports and reconciliations on the lending portfolio.

READ MORE
Natalie Gatis

Natalie Gatis

CHIEF EXECUTIVE OFFICER

Natalie Gatis was appointed Chief Executive Officer in June 2021.
Natalie brings to the role strong commercial aptitude developed through her years in key management positions at Angas. She is a highly qualified practicing lawyer with more than a decade of professional experience. Natalie’s breadth of expertise spans commercial litigation, corporate governance, compliance and legal risk management and mitigation, investor relations and the management of mortgage securities with clients in the financial services and banking sectors.

With an in-depth knowledge of Angas’ retail mortgage trust funds, investor base and possessing a strong understanding of company dynamics, Natalie is ideally suited to the CEO role.

Natalie is a member of the Credit Committee. The Credit Committee approves all loan investments made by Angas Prime, and has oversight of the conduct and performance of those investments until they are discharged. Natalie is also a member of the Audit, Risk Management and Compliance Committee, as well as Angas Prime’s own Compliance Committee.

READ MORE