$12.5m Group Funding restructure

$12.5m Group Funding restructure

$12.5m Group Funding restructure

Service

Business & Corporate Finance

Client

Industrial waste Operator

Location

Melbourne Vic

The Challenges

Traditional family run business had begun implementing plans to strategically grow their operations and required general advice on capital structuring.

In additional one director had simultaneously acquired a lifestyle asset which require consumer funding and a requirement to draw on substantial equity held in existing residential assets to provide 100% debt funding.

$12.5m Group Funding restructure

Our Solution

EMK Thomas put together a Debt restructure strategy in place and began liaising with existing major bank financiers to achieve all the customers requirements.

The solution was focused at providing the clients with access to debt immediately for funding solutions associated to personal investment activites, whilst also ensuring that the Business’ growth plans would be achieved given access to appropriately structured debt capital and whilst considering and short term costs associated with making debt available to the group.

Clients Result

EMK Thomas was able to provide multiple successful outcomes to the client group including:

- Restructure $3.5m of existing consumer lending facilities which also implementing significant interest rate discounts to existing and new limits,

- Simultaneously release and make available at call a substantial amount of equity to the directors from contribution towards the business capital requirements as they arise, and

- Undertake an interest rate review and commit existing financier to reduce interest rates associated to $6.0m of existing Commercial lending made up of Commercial Property limits, working capital and Equipment finance leasing,