$15m Seafood Refinance

Seafood production company who had been with their current bank for over 20 years. The business had grown rapidly over that time but the banks attitude towards them had not. Following a rejection for an increase in their facilities, Debt Stream reviewed the existing terms and found that their current facility was at a below market LVR, above market pricing and still included personal guarantees and mortgages from the Founder despite the facility being over A$15m. Debt Stream put together a concise summary of the opportunity and introduced new lenders. The incumbent bank realized that they were imminently going to lose a long term client and put forward a new facility that addressed all concerns.

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Australian Recession in 2019?

Donald Trump, 100-year drought, Royal Commission, Kim Jong Un, Trade Wars, Climate Change – this is all starting to sound like Billy Joel’s famous song “We didn’t start the fire”.  Every day the papers tell a new tale of woes, a new set of threats on the horizon. Is this just background noise that has been “always burning […]