IndIndustry or Sector: Security Services and Construction Lending
Deal Type: Refinance and Construction
Client Situation
The client, a business owner of a security services company, wanted to refinance his existing property and secure a construction loan of more than $2M for a new investment property project. The case was complex because he had recently transitioned his business from an old company structure to a new one which created uncertainty around financial continuity and lender acceptance.
Our Solution
We completed a detailed review of the client’s assets, liabilities and business transition. The unique structure required careful lender selection to ensure the new entity would be accepted without issues. After running the scenario through multiple lenders, we found one that supported both the refinance and the large construction facility, providing competitive terms and a smooth approval process.
Outcome
- Loan successfully approved covering both the refinance and the construction facility
- Construction of the investment property has been completed
- Delivered a solution that many lenders would not consider due to the business transition complexity
Client Reflection
“After multiple stalled enquiries due to my new company structure, this approval finally allowed me to keep my investment plans moving forward.”