Finance Strategy for Business Sectors
Funding insights for metro & rural locations
We have developed competency in lending strategies for business sectors in city and rural locations across Australia.
Credit providers are increasingly focused on understanding what drives behaviour and credit risk in specific industries and set lending policies accordingly. We understand and interpret established and emerging policy guidelines across service areas such as Real Estate Agencies, Financial Planning, Finance Broking, Insurance, Legal and Accounting.
The result is a better match of credit provider to client for a successful lending outcome.
Business Sectors Insights
Benefit from our expertise in lender appetite, valuation measures and debt strategies across a range of professional services and regional business industries.
Accounting
Banks like lending to accounting businesses, especially ones without reliance on one key partner/owner.
Agrifarming
The specialised nature of agriculture differs from commercial or mortgage lending. Agribusiness banks generally provide farmers with financial products, such as business loans, online banking access and insurance that cater to the agricultural industry.
Since the panel of credit providers that offer farm and farm assets services is thinner, specialised advice from an agribusiness finance broker is recommended.
Finance Broking
Financial Planning
Lending for operators in the Financial Planning industry is changing as the segment evolves.
Hospitality, Tourism & Leisure
HTL Assets have become increasingly popular with investors and owner-operators alike. They have specific credit policy that supports them.
Insurance
SMEs in the insurance broking industry are growing in number and stature as leading professional service providers. Lending confidence is following suit.
Legal
SMEs in the legal industry make up the second most demanded of all professional service providers.
Medical & Healthcare
The medical profession has long been a preferred segment for banking and finance.
Property Investment & Development
Property investment is diverse, and finance needs can be complex in their structure. For those interested in property development, we have many insights and experiences to share.
If you have Commercial Property Investments, it is important to understand the profile of the tenants and subsequent weighted average lease expiry (WALE) in determining property value.
Real Estate
Lending for Real Estate Agencies has become increasingly intricate in recent years.
SMSF
Lending using SMSF structures needs advice. Since lending is only part of the process, talking to all your advisers is essential.
As a comparison to SMSF, consider alternatives such as a Private Investment Company (PIC).
Transport
The transport industry plays a key role in the Australian economy but also faces challenging conditions with regulations, fuel costs, environmental and technology factors becoming increasingly relevant.
Structuring credit facilities for transport operators takes experience.
Other Industries
Our team has experience in several industries and business types, including service businesses, technology-based businesses, importers and manufacturers. Ask us about yours.
Connect to a Lending Specialist
Sector Insights
Professional Services
- Purpose
- Refinance, Purchase of existing rent rolls, Succession Planning, Investment.
- Parameters
- Up to 60-65% of Valuation. Supported by Circa up to 2.0 - 2.5 times Multiple of EBITDA (adjusted or owner salaries)
- Indicative Term
- Generally up to 5-10 Year Amortisation
- Security
- GSA over trading business and borrowing entity. Standard Guarantees & Indemnities. If applicable, aggregator tripartite agreement deed between all relevant parties.
- Credit Appetite
- Medium to High
- Purpose
- Refinance, Practice Purchase, Practice Establishment, Working Capital, Business Succession
- LVR%
- 50-60% of Gross Fee Income. Circa 3-3.5 times Multiple of EBITDA (adjusted or owner salaries)
- Indicative Term
- Up to 7-10 Years (without supporting tangible security)
- Security
- GSA over trading business. Standard Guarantees & Indemnities. Keyman Insurance if applicable.
- Credit Appetite
- High
- Purpose
- Refinance, Purchase of existing loan portfolios, Succession Planning, Investment
- LVR%
- 1.5 times total recurring income. Circa up to 2.0 - 2.5 times Multiple of EBITDA (adjusted or owner salaries)
- Indicative Term
- Generally up to 5-7 Year Amortisation.
- Security
- GSA over trading business and borrowing entity. Standard Guarantees & Indemnities. If applicable, aggregator tripartite agreement deed between all relevant parties.
- Credit Appetite
- Medium
- Purpose
- Refinance, Purchase of Business, Succession Planning, Investment
- LVR%
- 1.5 times total recurring income. Circa up to 2.0 - 2.5 times Multiple of EBITDA (adjusted or owner salaries)
- Indicative Term
- Generally up to 5-7 Year Amortisation
- Security
- GSA over trading business. Standard Guarantees & Indemnities. Keyman Insurance if applicable.
- Credit Appetite
- Medium
Medical
- Purpose
- Refinance, Business Purchase, Working Capital, Equipment, Business Succession, Fit-out
- LVR%
- Existing Business - 65-75% of Valuation. Greenfield Site 55-65%
- Indicative Term
- Up to 15 Years (without supporting tangible security)
- Security
- GSA over trading business. Standard Guarantees & Indemnities
- Credit Appetite
- Low to Medium
- Purpose
- Refinance, Business Purchase, Working Capital, Construction of Facilities
- LVR%
- Existing Business - 60-65% of Valuation. Purchase Site 70-75%
- Indicative Term
- Up to 5-7 Years (without supporting tangible security)
- Security
- GSA over trading business. Standard Guarantees & Indemnities. First Mortgage over Property
- Credit Appetite
- Low to Medium
- Purpose
- Refinance, Business Purchase, Working Capital, Equipment, Business Succession, Fit-out
- LVR%
- Existing Business - 80-100% of Valuation. Greenfield Site 80-100%
- Indicative Term
- Up to 20-25 Years (without supporting tangible security)
- Security
- GSA over trading business. Standard Guarantees & Indemnities. First Mortgage over Property
- Credit Appetite
- High
Agriculture
- Purpose
- Refinance, Purchase of Agriculture Property, Livestock, Plant & Equipment
- Parameters
- Rural Freehold to 70-75%. Grain, Cattle, Dairy etc circa 50% of valuation. 20-25% assigned to PPE
- Indicative Term
- Generally up to 15 Year Amortisation depending on asset type
- Security
- GSA over trading business and borrowing entity. Standard Guarantees & Indemnities. 1st Mortgage over all farm assets including home. GSA or SSA over licence and quota agreements
- Credit Appetite
- Medium
Franchising
- Purpose
- Refinance, Leasehold and/or Freehold Purchase, Working Capital, Investment
- Parameters
- Up to 60% of existing business. 50% of Greenfield Franchise
- Indicative Term
- Within overall franchise term, or Up to 10 Year Amortisation
- Security
- GSA over trading business, borrowing entity and/or entity that holds franchise agreement. Standard Guarantees & Indemnities. Right of Entry
- Credit Appetite
- Low to Medium
Property
- Purpose
- Refinance, Purchase, Improvements, Investment
- Parameters
- Up to 65-75% of Valuation. Interest Only terms up to 5 years. Stronger Amortisation for Higher LVR's
- Indicative Term
- 30 Years Residential Property. 15-20 Years Commercial Property
- Security
- Non-specialised and Specialised securities. First registered mortgage over security property and GSA over borrowing entity
- Credit Appetite
- High
- Purpose
- Construction, Purchase, Improvements, Development
- Parameters
- Borrow up to the lower of 75% of the land and construction costs (LDC) or 65% of the Gross realisation Value (GRV). Pre-Sales are generally a requirement which more than cover peak debt
- Indicative Term
- For the duration of the construction and development period. Up to 3 Years
- Security
- Non-specialised and Specialised securities. First registered mortgage over security property and GSA over borrowing entity. Security cover includes pre-sale deposits
- Credit Appetite
- Low to Medium
Transport
- Purpose
- Refinance, Purchase, Improvements
- Parameters
- Up to 65-75% of Valuation. Interest Only terms up to 5 years. Stronger Amortisation for Higher LVR's
- Indicative Term
- 15-20 Years Commercial Property. 15 Years Industrial Property
- Security
- Non-specialised and Specialised securities. First registered mortgage over security property and GSA over borrowing entity
- Credit Appetite
- Medium to High
Leisure Assets
- Purpose
- Refinance, Business Purchase, Equipment, Renovation/Improvement
- LVR%
- Freehold (Gaming): 60-65% of Valuation. Freehold: 50-55% of Valuation. 50% Leasehold
- Indicative Term
- Up to 10 Years (without supporting tangible security)
- Security
- GSA over trading business. Standard Guarantees & Indemnities. First Mortgage over Property
- Credit Appetite
- Medium
- Purpose
- Refinance, Purchase
- Parameters
- Up to 50-55% of Leasehold Valuation
- Indicative Term
- Generally up to 5-10 Year Amortisation
- Security
- GSA over trading business and borrowing entity. Standard Guarantees & Indemnities. The GSA to include any gaming licence and liquor licence
- Credit Appetite
- Low to Medium