Select Invest Process

1. Loan origination

Select Invest originates loan applications through a network of over 600 financial advisers nationwide.

In some cases Select Invest may offer opportunities to invest in an existing loan and security. We'll provide full information on that when we make an offer. For such loans, we follow a similar process to that below, with changes to reflect that the loan and security are already in force.

2. Loan due diligence

Upon receipt of a funding application that meets initial credit criteria Select Invest completes due diligence, risk assessment and credit review.

3. Loan offer issued

If the loan application meets all relevant criteria and is approved a loan offer is issued. Once the loan offer is accepted Select Invest works with borrowers to ensure all conditions are able to be met.

4. Loan management & administration

Once a loan settles and funds are disbursed Select Invest proactively manages the loan by working closely with borrowers and monitors adherence to loan terms and conditions.

Select Invest is paid a management fee and other fees for its services.

Investor Process

1. Do you qualify as a wholesale investor?

Investments are only available to specific categories of Wholesale Investors as defined under the Financial Markets Conduct Act 2013.

Investments are available to the following:

• Those investing $750,000 or more.
• Large investors as defined in the FMCA.
• Select Invest does not offer investment opportunities to retail investors.

2. Select your investment

Investors are able to select mortgage investments which best suit their risk appetite and investment criteria.

Investors can choose loans where they are comfortable with the type and location of the underlying mortgage and other securities.

Contact Select Invest to discuss available opportunities that suit your investment needs.

3. Apply to invest

Prior to investment in a specific loan, approved investors will be provided with an information memorandum, terms and conditions and a privacy policy.

You will need to set up an account on the Catalist platform, where you will also be able to complete the necessary identity checks and verify your wholesale investor status. We will give you an individual link to a private page on the Catalist platform to complete your specific loan application.

If you would like to invest through a trust or other investment vehicle, please let us know before setting up your Catalist account, as will be able to provide a link where you can set up an account for a trust or a corporate investment vehicle.

4. Fund your investment

Approved investors fund some or all of a loan by transferring funds to Select Invest Trustee Limited's ANZ Bank trust account for disbursement on settlement.

5. Receive interest monthly or end of term

For non-capitalised loan investments, interest is paid monthly to investors' nominated bank account. Interest is based on the target return of each specific investment (net of fees and before tax).

For capitalised investments, all interest is paid in a lump sum at the end of the term.

6. Investment maturity

When the underlying loan is repaid, investors receive return of capital to their nominated bank account.

Return of capital is subject to early or late loan repayment and capital is at risk. Click here to view a range of risks that may apply to your investment.