Category - Scenarios

NWC Finance refinanced a company with a portfolio of residential properties valued at $8.5m. Client was in arrears with their current mortgagee and where about to be placed into administration. NWC Finance was able to refinance their current facility and arrears of $6m which allows the company to sell the properties at market price. Exit: …

Client owns a property in metro Sydney and had negotiated a reduced pay out figure for the current mortgagee provided they could refinance by certain date. NWC Finance lent the client the funds by the due date saving the client a substantial amount of money. Exit: Sale of property (market price).

Client approached NWC Finance for a loan to buy into a business they had made an offer on. Clients struck a great deal with the vendor provided they could settle in 48 hours. NWC Finance lent the client the money secured by mortgages over their investment properties and a charge over the company being purchased. …

NWC Finance lent a client $3,350,000.00 to refinance their existing facility, as the existing lender had pulled in their loan facility, had marketed the property and where finalising the sales. NWC Finance was able to establish a loan facility within 48 hours and the client was able to pay out both the first and second …

Client approached NWC Finance to purchase a residential development site in a company name. The client required the loan urgently as they had a settlement date that couldn’t be extended and the major bank assisting them with the purchase wasn’t going to be in a position to settle in a 48 hour period. NWC Finance …

Client needed urgent cash flow for their business – $1,800,000.00. Security offered was a caveat over a hotel that the client owned which had exchanged contracts and a large deposit paid. NWC Finance was able to conduct all due diligence and valuation’s within 2 days and settle the loan. Exit: Sale of the Hotel

Scenario: Clients owned an unencumbered rural block of land in North QLD and had an opportunity to purchase a new business at a discounted price. Clients approached their bank, however the bank wasn’t going to able to settle in time and the clients would lose the opportunity to purchase the business at the reduced price. …

Scenario: Client exchanged on a commercial property in QLD. Mainstream lender was unable to meeting settlement deadline and client required urgent funds within 24hrs. NWC lent 100% of purchase price secured via 1st mortgage on purchase property and caveat registrable 2nd mortgage on a high net worth NSW property. NWC was able to conduct required …

NWC Finance was contacted to assist borrowers in paying a business creditor. NWC Finance structured a 2nd mortgage secured over the borrower’s rural property and a caveat over their Residential property.NWC Finance managed to settle for the borrowers and this allowed them to keep trading. Exit: Cash Flow.

NWC Finance was approached to assist borrowers with urgent cash flow to purchase stock for their business. The borrowers were in a distressed state as they were going to lose the stock. NWC urgently paid out the first mortgage against the borrower’s commercial building and residential property and raised the extra funds to assist with …