How do I know if I am a Wholesale Investor?
There are three main ways you can qualify as a wholesale investor:
- Have at least $5M in net assets or business turnover under your control, or
- Have at least $1M invested
in a similar investment i.e. a type of Contributory Mortgage or Peer-to-Peer Investment. - Invest a minimum of $750,000 into a single investment.
If you meet any of these criteria, you are likely to be accepted as a wholesale investor (note there are other ways to qualify that may apply to you).
Note: Qualifications one and two must be met on the last business day on each of the two past financial years, and every individual investment for qualification three made must be a minimum of $750,000 per loan.
Find out more about wholesale investing here.