Acquisition, refinance and working capital across commercial, industrial and business assets — the deal argued to credit the way credit reads it, with terms on the table before you are committed.
Indicative terms typically inside 5 business days — private funding in 48 hours where speed rules.
| Item | Terms | |
|---|---|---|
| Facility | $3,150,000 | |
| Asset | Industrial, Wetherill Park | |
| LVR | 62% | |
| ICR — buffered | 1.9× | |
| Term | 5 years P&I + IO option |
Issued four business days after mandate. Illustrative of process, not a quote — every asset is assessed on its own covenants.
The counterparty wants a buyer or borrower who can complete. The bank wants six weeks, a committee date and a file read by someone who has never priced one. Between the two, capital gets committed on hope — or the deal goes to whoever had finance argued first.
Typical major-bank commercial approval timeline when a file arrives unpackaged — against vendors who won't wait.
Common interest-cover hurdle at buffered rates. Where the cover sits decides your leverage, and it moves when the earnings are presented properly — whether those earnings are a lease or a trading history.
Illustrative spread between the best and worst lender terms we see quoted on the same asset, same borrower.
Lease profile and covenant strength where there is a tenant; trading history, debtor quality and cash conversion where there is not. Presented the way a credit paper reads, not the way a rate-sheet enquiry does. Your file goes once, to the desk that reads it best.
Majors, non-banks and private capital run in parallel, so pricing and covenants are set by competition rather than by a single bank's mood that month.
Valuers briefed properly, conditions cleared in order, solicitors and discharging banks chased — with a report at every milestone until drawdown.
The asset or the business, the numbers and the deadline — assessed before anything is lodged. We agree strategy and issue our Mandate for Finance so the engagement is in writing.
Shortlist, term sheets, negotiation on pricing and covenants. You choose from competing terms presented as one memo.
Valuation through documentation to drawdown, managed daily. If a bank misses the date, our private credit arm can bridge it.
Commercial desks at the majors, non-bank credit teams, and private capital — including our own book when timing decides the deal.
We pre-qualify purchasers with indicative terms before exchange — fewer crashed contracts, cleaner campaigns. Judge us on one transaction.
Send the asset and the numbers — we'll tell you honestly whether it finances, at what leverage, and how fast. Nothing is lodged and no credit enquiry is made.