Category - Scenarios

5
May

Urgent Property Settlement – $500,000.00

Client current has an owner occupied equine property (unencumbered) which specialises in horse breeding and wanted to purchase another property for development. Due to the specialised nature of client’s existing security, traditional funders were unable to assist the client with his funding requirement to purchase the new property. NWC Finance lent $500,000.00 to purchase the …

15
Apr

$700,000 Finance

Required: $700,000 on a draw down basis Scenario: Client required funds for business cash flow. $300,000 was required on an urgent basis with a further $400,000 being required incrementally over the following 6 months. Security: Vacant industrial land Outcome: NWC was able to advance the $300,000 to the client within a matter of days while …

7
Apr

$100,000 For Cash Flow

Urgently Settled Scenario: $100,000.00 Client required cash out urgently on their commercial property for business cash flow. NWC Finance lent the client the money within 24 hours and secured the loan via first mortgage. Exit: Refinance through a major bank

26
Mar

$250,000.00 ATO Debt

Client owns a successful Freightliner Business, however was issued a wind up notice by the ATO for an unpaid tax debt, which the client was unaware of. NWC Finance lent $250,000.00 secured by cross collateralising the client’s unencumbered trucks and trailers and the “good will” of the business. The client was able to pay the …

26
Mar

$350,000.00 Land Purchase

Developer required immediate funding to facilitate the purchase of residential land. The client needed a high LVR % in order to finalise the settlement on the land. Nationwide Capital lent 65% on the purchase of the new blocks of land and also raised the remaining funds needed for settlement against the clients unencumbered Plant and …

26
Mar

$400,000.00 Immediate Cash Flow

Agricultural client required urgent cash flow in order to complete his harvest. As his farm was highly geared the 1st mortgagee refused to extend the clients facility. NWC Finance secured a loan of $400,000.00 against the clients unencumbered Plant and Equipment and also a caveat on the farm. Exit: Cash flow from the sale of …

12
Mar

$700,000 Equipment Finance

Scenario: NWC Finance received a phone call from a client who owns a mining company and was in urgent need of funding to purchase a Horizontal Grinder valued a $700,000.00. The client had secured a huge mining contract and need the machine on site urgently to ensure they fulfilled their requirements of the contact. The …

4
Feb

$2 Million Same Day (Christmas Eve)

Client’s Financial Advisor rang NWC Finance at 9am Christmas Eve with an extremely urgent scenario that had to be settled that day. Client runs a manufacturing company that manufactures merchandise for global racing teams. The company is an Australian company that manufactures its products overseas. Client had an unencumbered property; however the four major banks where slow in providing the …

4
Feb

Civil Infrastructure Company

A civil and infrastructure company were in need of some quick capital to complete major contracts they were undertaking.  The company had maxed out on their debtor facilities and there were a variety of other loans and charges on the company. Nationwide Capital assessed the cash flow position of the company with the jobs they …

4
Feb

Cash Flow & ATO Debts

Client required $325,000 to fund business cash flow and pay ATO debt. Borrower’s primary security was the company’s rent roll. The scenario was settled within 5 working days. Exit: Refinance with a major bank.

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