July 2020 Business Life in Dandenong!

Parts of Melbourne and Victoria may be in lockdown again but not the offices of RMBL in Dandenong.

With the exception of a few staff looking after and educating children at home, it is all hands on deck at RMBL and will continue to remain that way.

Once again it is prudent to minimise face to face contact so please don’t be offended if we suggest alternate means of communication during this period. We are also well placed to support a working from home program for all of our staff if required at any time.

Please continue to contact us via email or phone. Our contact details can be found on RMBL website.

The Federal and State government grants have had a huge positive impact on sales all around Australia. No doubt this will ease in Victoria throughout the lockdown period but will hopefully return again with pent up demand. We continue to keep in regular contact with our developer Borrowers, in particular during this COVID-19 environment to understand and support their issues and needs.

We would also encourage Members wishing to deposit funds with RMBL to use Electronic Funds Transfer (EFT) or Direct Debit as an alternative to using cheque as a method of payment. Please contact our office if you need help with this..

Borrowers continue to pay interest monthly at rates ranging between 7.00% and 8.50%, depending on the Sub Scheme loan facility.

Projects currently being funded by RMBL are carrying on without interruption on site, and there is always a need for new funds for such projects.

Please contact the Investment Team to discuss your investment, or new funds you may wish to invest.

Borrowers can contact any one of the Loans Team with any queries you may have.

Thank you for your continued support.