Funding Success: Renegotiation on Funding facility

 

Client Position

A South Australian client wished to purchase country in Central Queensland. The property of interest had an abundance of dry feed and provided a cost-effective alternative to agistment. Synergies were created through better market access to Roma and Blackall saleyards, eliminating the dependency on the Adelaide store market.

 

RSP Solution

A highly competitive funding solution was negotiated in a difficult agri-banking environment, where bank appetite has been supressed by the drought and additional compliance issues created from the Royal Commission.

 

 

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