Property Acquisition

Situation

A property developer in North-West Victoria encountered a critical funding shortfall when their lender abruptly withdrew just days before settlement on a UGZ site. The lender’s investors declined to exceed their conservative loan-to-value threshold for land, leaving the door open for a competing, though lower, offer. With limited cash reserves, the client faced a serious risk of losing the deal and forfeiting their 10% deposit.

Solution

NWC provided a short-term, interest-only facility with full due diligence support, settling the deal in just four business days-even across the Easter and ANZAC break.

Outcome

NWC played a pivotal role in securing the timely $11M acquisition, preserving the deal and alleviating significant financial pressure for the client. Our strategic support was instrumental in unlocking a substantial upside, enabling the client to realise development profits on the back-end and fully capitalise on the opportunity, rather than losing the property.

Situation

A client from a Sydney-based law firm had committed to a $4 million property purchase in the Northern Beaches. While they had equity in a North Shore property, unexpected end-of-financial-year expenses left them short on liquidity. They required $1.4 million in short-term funding to secure the settlement and bridge to a planned refinance.

Solution

NWC Finance structured a $1.4 million bridging loan secured against their North Shore property, supported by multiple guarantors. The facility was designed to cover the funding gap for two months until the refinance with a major lender was completed.

Outcome

Settlement was completed within five days, enabling the $4 million acquisition to proceed on schedule. The client avoided costly delays, safeguarded their reputation, and successfully transitioned into a long- term funding solution. Had the settlement not occurred on time, they would have faced a notice to complete, triggering penalty interest typically calculated at 8% per annum, charged daily.

Situation

A property developer in Brisbane sought to acquire a mixed-use development site, but their primary lender pulled funding due to recent market volatility, leaving the client exposed to losing the property and forfeiting a 12% deposit. With other investors hesitant to step in at short notice, the client required urgent, flexible funding to meet settlement obligations.

Solution

NWC structured a tailored short-term facility, combining business and property security, with an interest-only repayment structure. Our team coordinated rapid valuations, legal, and compliance work, enabling settlement within three business days, despite public holidays in the settlement window.

Outcome

The $7.2M acquisition was completed without delay, safeguarding the client’s deposit and enabling them to capitalise on future development upside. NWC’s proactive approach ensured a seamless transition to long-term finance, positioning the client to commence construction and achieve projected returns.

Situation

A commercial developer targeting an industrial site in Western Sydney faced a funding crunch when their bank delayed approval for a $9M acquisition. The delay coincided with multiple competing offers, putting the client at risk of losing a prime site zoned for logistics. With tight timelines and limited cash reserves, the client needed urgent funding to secure settlement and avoid losing their 8% deposit.

Solution

NWC provided a bespoke, short-term interest-only facility, structuring cross-collateral security with both existing property holdings and the client’s business. Leveraging rapid due diligence processes, NWC executed settlement in just five business days, despite the bank’s extended internal approvals.

Outcome

NWC enabled the client to successfully complete the $9M acquisition, preserving their deposit and securing a highly strategic industrial asset. The short-term facility and structured exit strategy allowed the client to refinance with a traditional lender post-settlement, unlocking long-term rental income and development potential.