Acquisition and refinance of commercial, industrial and mixed-use assets — the deal argued to credit the way credit reads it, with terms on the table before your deposit is at risk.
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 vendor wants an unconditional buyer. The bank wants six weeks, a committee date and a lease schedule read by someone who's never priced one. Between the two, deposits get risked on hope — or the asset goes to the buyer whose finance was already argued.
Typical major-bank commercial approval timeline when a file arrives unpackaged — against vendors who won't wait.
Common ICR hurdle at buffered rates. Where the cover sits decides your leverage — and it's negotiable when the lease story is told properly.
Illustrative spread between the best and worst lender terms we see quoted on the same asset, same borrower.
WALE, covenant strength, arrears history, the exit — 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, the leases, 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.