$770K to consolidate debt, then back to a mainstream lender
"Strong security, non-standard borrower profile, a path back to conventional lending was needed."
A regional business owner, supported by a group controlled residential asset in Kent Town, needed to consolidate existing debt into a single, straightforward facility. A complex income profile and existing exposures across multiple commitments made it difficult for traditional lenders to assess the application.
The borrower needed a lender willing to look past complex income and assess the underlying asset on its merits. The goal was time and structure to stabilise, not a permanent solution.
Solution: $770,000 facility consolidating existing liabilities into a single loan, secured against the Kent Town property. The structure gave the borrower breathing room to stabilise their position.
Outcome: Multiple exposures consolidated into one facility. Borrower stabilised, debt reduced and refinanced to a mainstream lender within the agreed timeframe.