Commercial Finance is complex and complicated. Picket Fence Finance specialise in providing solutions to commercial financial problems that the major lenders have not or cannot solve.
Case Study 1
A developer with a $58 million dollar loan on a commercial property in the CBD, with an interest rate of 9.25% believed he could lower the interest rate by refinancing and had been to all four major banks.
All four had said “no”.
He came to Picket Fence Finance where we restructured the loan through a first and second mortgage, which enabled us to strike a deal with the lender at an interest rate of 5.51%.
This represents a saving of over $1 million dollars in interest per annum.
If you’re having trouble refinancing your commercial loan and want to save time and money, call us and our commercial finance experts will work a solution for you.
Case Study 2
A client wished to purchase an additional 345 acres of farm land to expand his business.
He went to his existing bank whose response was unenthusiastic but they eventually agreed to finance the deal. The client felt the rate offered was excessive and placed the viability of the transaction in jeopardy.
He came to Picket Fence Finance. We wrote the deal at residential rates using a mixture of existing securities which enabled the client to purchase the land and save $17,000 per annum in interest.
If you are looking to expand or make a new purchase and want to make sure you’re getting the right deal for your circumstances, give us a call and we’ll have a look at the options with you.
Case Study 3
The lender on a 28 apartment development in North Melbourne was demanding that the developer pre-sell all the apartments as a condition of the funding.
The developer believed this condition would severely disadvantage his project.
He came to Picket Fence Finance. We placed the deal with a major bank who funded the project with the agreement that he only needed to pre-sell 12 apartments.
We also managed to secure this deal at a lower interest rate.
We believe that in most instances, we can and will find you the right deal for your circumstances.
Picket Fence Finance
The grass is greener on our side of the fence.
Your full financial needs and requirements need to be considered prior to any offer and acceptance of a loan product. The information contained in this page is general information only and does not take into consideration your requirements. Lender fees, charges and credit criteria will apply.