In 5 seconds - what's in this email worth scrolling for?
Introducing PC - our new Gun
No we don't just do Property Finance! (Businesses turning over $5-200m is also our core)
Snapshot of recent M&A/Growth seminar that Mark did
A few deals we've been working on lately
...and links to a few blogs & videos we've posted lately...
Read More2 Common & Major Mistakes in Business Finance - (1) giving every asset as security for every loan to your bank; and (2) Not providing clear communication to your bank around the strategic direction of the business.
Read MoreMark recently presented on the opportunities and risks in using debt & equity for M&A (mergers & acquisitions) to grow a business. Have a flick through the slides and brief commentary…
Read MoreOften the “Declined” conversation is short and uncomfortable - after all most people hate bad news. But these events can be a rich source of information to build a better business & banking relationship…….
Read MoreDo you have a good business banker? If they haven’t asked you these 10 questions, chances are you don’t have the right support on your finance team…
Read MoreAs I write this now, I’m thankful for being lucky enough to be sitting in a warm and comfortable hotel room in Adelaide, injury free and off the saddle, as I think about what has just been a week of highs & lows on the Smiling for Smiddy charity fundraising ride in South Australia.
Read More“Are we there yet?”. This old chestnut from the kids in the backseat is increasingly heard from the mouths of Bank customers as they seek to navigate the paths to finance approval. This week we explain a little of why it’s taking so long to get finance & also why the finance you do get approved is likely for a shorter term…..
Read MoreThe Royal Commission handed down plenty of recommendations, many of which hit the headlines. But one that didn’t, relates to “small business” lending - which isn’t so small, and poses the risk of further credit tightening for businesses that nobody would call “small”.
Read MorePaul Carpenter brings nearly 30 years of business, banking & finance experience to STAC Capital and represents a major strategic addition in strengthening & deepening our capabilities & services. PC previously held authorities to approve debt facilities up to $50m across Property and Business/Emerging Corporate Clients. He has the knowledge, experience and the runs on the board to support STAC Capital’s purpose of unlocking opportunities for our clients.
Read MoreWith sales now taking longer to lock in and settle, property developers often have unsold stock when construction has completed, which can leave them either being unable to payout the construction debt, or having equity tied up that is needed for the next project. This is often a problem because equity and profits naturally lie in the last units/lots.
Read MorePonder this thought for a moment:
How often does a client hand you a detailed scope of required services, clearly defining exactly what it is that they want you to consider/analyse/produce/etc.?
Read MoreLoyalty used to truly mean something in banking. Aside from questioning whether the loyalty is returned, being loyal to just one bank can actually be a dangerous game to play.
Read MoreSTAC recently had quite an impressive achievement with a property development funding approval that, to be frank, we expect that many people may not believe - because the allowance for FIRB buyers would have been a good deal even in the best of times, let alone the current funding environment.
Read MoreWe’ve been discussing the increasing risk of a recession being triggered as a result of continuing tightening of availability of debt funding from Banks to SMEs, for quite a while now (probably about a year or so). These concerns are now really coming out in the public sphere, so now might be the time to start making public comment. The questions we expect people have now, is exactly what we’ve been discussing with people for most of 2018, being - (1) What are we seeing on the ground, (2) Why is it happening and, (3) What will the result be?
Read MoreEveryone comes up with personal New Year’s Resolutions, but who achieves them. Instead of empty goals, this year I stopped to reflect, to decide what I’m going to focus on in 2019 and why.
Key takeouts are to stop saying “I’m so busy”, be Healthy (less alcohol, more exercise, better food), Wealthy (continue building a purposeful business) and Wise (reading, meditating, friends & family). Also can’t forget to put efforts into a greater cause (fighting cancer).
Read MoreDo you have the confidence to buy at auction? Thanks to the Royal Commission, the process and timeframes to get a home loan approved is causing problems in the market. But if you're prepared in advance to bid, then OPPORTUNITY ABOUNDS! Martin Millard & Brendan Whipps from Harcourts Solutions Group tell us what they're seeing in the real estate market - and why getting your finance approved BEFORE going to auction is so critical.
Read More2018 saw some pretty reasonable changes in the economy… What do we see for businesses and property in the Australian Economy for 2019?
Read MoreHaving gone around in circles with their existing banker for over 3 months, trying to lock in the consistently promised approval for construction of their 54 townhouse project, this developer was getting beyond frustrated. This is how we got their funding locked in and the project moving ahead. With a Bank.
Read MoreWhere is the Brisbane Property Market heading in 2019? Tom Kelly catches up with the CEO of Harcourts Qld and MD of Harcourts Solutions to see what they think.
Read MoreThink that a “good deal” in business finance is all about the interest rate & fees? Think again. Before you sign on the dotted line, realise that business finance is rarely that simple…
We look at true cost of asset finance, working capital finance, as well as the VALUE OF EQUITY, and whether it pays to pay more.
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