Tag Archives
We have a plan, but our Bank’s not listening or willing to help.
The Scenario In June 2015 an existing First in Finance client referred a longstanding major bank rural client to First in Finance. Following some difficult years due to a downturn in a business venture their major bank was not prepared to continue to support the facilities and accounts and issued legal notices to “Sell the Farm”. The clients had taken considerable steps to remedy the situation, but it all fell on “deaf ears” when it came down to listening to a solution to re-balance the debt and take steps to free up equity and pay down debt and thereby…
Getting Results Quickly With A Complex Property Refinance
The Scenario A Victorian business broker approached First in Finance on the 17th August to urgently assist a former client with refinancing their existing home loan to provide cash out for investment purposes. The client had tried traditional lending providers for their property refinance, however due to a credit history issue for a considerable sum they were unable to obtain finance without the credit issue being resolved. The client was in dispute of the credit issue; however had no success with lenders listening to their circumstances to have it resolved and seeking to dispute the matter. Due to the client…