Location: Sunshine Coast, QLD
Transaction Overview:
- Commercial Bank Bill Business Loan
- Loan amount $8m
- Loan term 2 years
- Security 6 commercial and 1 residential assets
- Substantial cash equity release at call
- 70% LVR
- 6.26% interest rate (I/O variable to BBSW)
Challenges Addressed by CPC:
- Increased borrowing for business working capital requiements.
- Competitive tender to all major banks
- One month timeframe to loan settlement
- Flexible solution with variable rate and redraw
Financial Solutions by CPC:
- 2 year loan term with no annual review
- Variable interest rate
- Additional cash out provided by the lender as a redraw facility on call.
- Boost the borrowers cashflow in this high interest rate environment.
Ongoing Loan Strategy:
- We will keep our borrower client updated thouought the loan term with market conditons and re negotiate the facility at the end of the loan term
Here’s what the client had to say about their experience:
“Very professional, the whole process was seamless. Acheived a good short list of lenders, he negotiated great rates combined with great T’s&C’s that fitted our situation perfectly”
Feel free to reach out with any general questions you may have about CPC and the services we offer.
CPC Lending Solutions played a key role in negotiating the best rates with all the major banks competing for this deal. By engaging with us we run the overall loan strategy and make sure you get the best rates and outcome that is availble in todays market.
CPC Lending Solutions is a commercial finance specialist. We help borrowers overcome their funding challenges by sourcing market leading commerical loans. Contact us at [email protected]