More Than Mortgages :: Paul From Highlands Funding Shares Some Diverse Client Case Studies

One of the benefits of having a finance broker in your corner – and an experienced, local one at that! – is they can take the pressure off when you’re making key decisions around money matters, whether they’re business-related, for investment purposes or personal.

What many people don’t know about finance broking is that it’s so much more than finding a home loan [although Paul’s happy to do that too!].

We asked Paul from Highlands Funding about some of the projects he’s worked on recently and it’s quite the menu of financial requirements.

They’re definitely worth remembering when you need to make some big decisions around finance……check it out.

Update the fleet for a local transport company

Goal :: Finance the purchase of new haulage equipment for a locally based interstate trucking company. 

Challenge :: Their existing machinery was reaching the end of their current finance arrangement and due for capital asset replacement, so there was a bit of time pressure. 

Solution :: We got finance for a new truck valued at over $300k, plus a tipper and trailer at significantly better rates than their previous finance arrangement. Plus, we turned it around in a few days for the client.

Purchase of a farm in Joadja

Goal :: Organise finance for the purchase of 150 acres of vacant rural land in Joadja for $1.8 million plus $800k to build a new residence at the farm. 

Challenge :: The clients are self-employed with a complex company structure. We needed a fast turnaround on finance given there were multiple offers being made on the property. 

Solution :: We utilised the equity in their existing property portfolio to fund 100% of the land and the new build.

Refinancing a significant property portfolio

Goal :: Our clients were a couple with a property portfolio that stretched across the Highlands, Sydney, Brisbane and Newcastle. They wanted to give their finance structure a health check and streamline it as much as possible.

Challenge :: Their loan structures were a mess after using equity in properties they already owned to buy additional properties. They were using multiple banks and were paying high rates having previously sought their finance directly with the banks.

Solution :: We restructured and consolidated their finance with a single lender to cleanly reflect what property the debt relates to.

This saved the client thousands of dollars each month and made sure they were rewarded with low rates given the strong security position they were in.

Bespoke commercial premises for a fashion brand 

Goal :: The client was a Sydney based fashion company renting four different premises for offices, manufacturing and warehouse / distribution.

The goal was to finance the purchase of a large multi-use property to bring all the elements of the business together on the one site.  

Challenge :: Financing a large multi-use property within a budget of $8m. The finance also had to cover the costs of a bespoke fitout for the property to perfectly suit their needs. 

Solution :: The repayments on the debt are now less than the previous rent on the four properties, plus the company now owns their own premises.

We found some very healthy loan terms that made the investment a no-brainer. The company now has all their staff and operations in one building which gives them a huge logistical and financial benefit.

State of the art regional office development

Goal :: Development finance to construct a new purpose-built office complex with state of the art facilities in regional NSW. 

Challenge :: The client wanted to incorporate 12 offices under a build-and-hold approach – retain ownership and lease offices.

Solution :: Found the right lender who was open to the entrepreneurial nature of the project.

Finance the acquisition of another business

Goal :: An existing financial advice business was looking to expand via the acquisition of another business. 

Challenge :: We had to prove the existing business was strong enough financially to sustain the acquisition and also put forward a business case that showed the acquisition would add financial value to the existing business.

Solution :: Put the numbers together around the performance of both the existing business and the new business which the lender was impressed with.

This acquisition allowed the company to double revenue and consolidate operating costs across the businesses to generate significantly higher profits. Everyone’s happy!

Thanks Paul – like we said, quite the menu of financial challenges and solutions!

Pretty diverse, right? 

Based in the Southern Highlands, Highlands Funding provides clients with suitable and cost-effective financial solutions to suit all sorts of lifestyle requirements.

If you’re a property investor, home buyer or own your own business, Paul and the Highlands Funding team will take the time to understand your situation, arrange and manage your business and home finance and optimise your financial situation.

Paul is super experienced in the world of regional banking, agribusiness, small business and personal finances.

Find out more info about Highlands Funding here. 

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