Client Position:

The client was under growing pressure from their existing bank to refinance their $1.45 M facility.  The client had a poor financial history but good security.

 

RSP Solution:

RSP started looking for refinance in May.

RSP completed a full credit profile paper and approached a strategic panel of mainstream financial lenders.  Upon selection of a bank, RSP invited a bank manager with the resources to understand the client’s position and pursue the opportunity.  The new bank offered a competitive finance package and relationship proposition which the clients accepted.  Refinance settled the following January.

The solution avoided:

  1. Clients being charged default interest which would have increased interest costs by $58,000 per annum;
  2. Clients being transferred to previous banks debt recovery unit;
  3. Potential for a forced property sale, which could have resulted in a below average property price outcome.

 

Contact Brad (0427 390 016) or Ian (0448 697 674) directly, 
or please fill out our Free Consultation Request Form.

Robinson Sewell Partners have secured a reputation in the finance industry with their superior industry experience and exclusive client care.

We intimately understand client’s business and funding objectives, and match these objectives with the best financial strategy.

Book a 3 hour FREE On Site Discovery Consultation

We will provide an assessment of your business needs, and expectations of our service and agree to the scope of work required.

Book a 3 hour FREE On Site Discovery Consultation

We will provide an assessment of your business needs, and expectations of our service and agree to the scope of work required.

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