$43.4m- Corporate and Consumer Lending facilities
Privately owned multi- office Victorian Law Firm
Victoria
Professional services
EMK Thomas was engaged by the client to seek a working capital facility that would enable the business to free up retained earnings traditionally used to fund working capital.
In addition EMK Thomas was also asked to:
EMK Thomas undertook a tender process that was run through the four major Banks.
We provided all potential financiers with an detailed Information memorandum representing the organisations and its key principles strong financial standing as well as historical, current and forecast business performance analysis that supported the funding request.
The competitiveness brought about by having four major banks understanding the strong credit profile of the group and its shareholders, meant that we were able to achieved a funding outcome above what the clients had initially anticipated, this included:
We were also able to have conversations and informal commitments for the lender about the future funding needs of the firm, its principles and their controlling SPV’s that required future debt capital for investment activities.