Case Studies
Our ability to respond rapidly to our clients’ needs has underpinned the growth of Nationwide Capital
Here are just some of the innovative ways we have been able to assist.
Case study 1 – Successful subdivision
Our client required funding worth $122,000 to subdivide and sell a property located in Wyong on the NSW central coast. Nationwide Capital settled the loan within one day facilitating the successful subdivision and rapid sale of the land at a substantial profit.
Case study 2 – Taking advantage of a liquidation sale
A Townsville client was keen to purchase 11 unit properties, which had become available via a liquidation sale. The timing of the transaction was extremely tight, and Nationwide Capital was able to provide funding worth $2.4 million within a single business day. This let our client secure the properties at a massive discount, and rapidly on-sell them at a profit.
Case study 3 – Meeting an unexpected tax bill
Our client, a successful electrical company based in South Australia, received an unexpected tax bill for $641,000. Nationwide Capital was able to provide loan funds secured by an unencumbered property. This meant the company was able to satisfy the Australian Tax Office and avoid the threat of being placed in administration, while providing valuable time to refinance.
Case study 4 – Maximising sale value
Our client was in arrears on a bank-sourced commercial loan, and was facing the possibility of a mortgagee sale of a secured property. Recognising that forced sale conditions would not result in an optimum price, the client approached Nationwide Capital. We were able to settle a loan within two days, allowing our client to pay out the original lender and take the time to secure the highest possible sale price for the property.
Case study 5 – Avoiding a loss
Our client, a development company located in Victoria, had signed a purchase contract – and paid a 10% deposit, on a particularly attractive property. However with just two days remaining to settlement the client’s original lender had not come through with funding. Within 48 hours Nationwide Capital had provided a loan for $600,000, giving the client the opportunity to proceed with the purchase without losing the deposit. The client’s exit strategy was the sale of a number of residential properties.
Let’s talk
Speak with a Nationwide Capital consultant today, and solve your short term funding needs – fast. Contact us on 1800 628 303 or email us at info@nwcfinance.com.au.
