Real Estate and Strata Industry Specialists

Launch Finance has access to a lender that has a specialist real estate and strata relationship division.  This allows them to focus on a portfolio of real estate and strata management clients only, looking after all your business (and personal) needs.

As industry specialists, they not only understand the challenges that you face on a day to day basis but can also work with you to boost your productivity and profitability.

Real estate and strata solutions:

Rent roll/strata roll funding
  • Purpose: Business purchase, refinance existing debts, working capital, buying out shareholders/ business premises etc
  • LVR: 60% against rent roll value
  • Term: 10 years
  • Repayment structure: Principal & Interest/ Interest Only
  • Interest rates: From 4.75% pa
  • Security: GSA over operating business along with director guarantees
  • Our benchmarks:
    • Number of properties under management: > 200
    • Interest coverage: 2.50x
    • Gearing (total business liabilities / total business assets) < 70%
    • (Net advertising, salaries and rent) / Net revenue < 55%
    • Net profit margin > 17.5%
  • Receivables and payables cash flow solutions

Working closely with a transactional banking specialist, we can create efficiencies in your business with our highly competitive & tailored transactional banking solution, saving you both time and money.

  • Receivables: Payway (simple secure internet-based solution)
  • Help you better manage your cash flows by fast tracking your rental collections
  • Reconcile payments directly into your property management software system
  • As combination of payment modules can be selected to suit business needs
  • Receive payments via BPAY/ credit card online, phone, virtual terminal, batch payments/ recurring payments/ Australia post through tenant cards
  • Payway Match: Good BPAY alternative (same reconciliation capability, 1/5th cost)
    • Tenants pay via “Pay Anyone” payment into a unique online BSB & A/c instead of CRN: You know exactly know who’s paid you
    • Greatly assists with reducing banking fees & charges
  • Payables: Bulk BPAY and EFT solutions for paying creditors, payroll and utilities
Seamless transition
  • Implementation specialists who work like transition managers
  • Training and post implementation support provided

If you are looking to refinance your existing business debts or simply wish to review your current portfolio, speak to your broker today.