Refinancing

Are you getting the most from your finance arrangements?

If your finance structure isn't working for you, Guild Commercial Finance can help you take steps to get back on track.

In our experience, if things aren't working, taking early action to restructure your borrowings or refinance gives you the best chance of coming out on top.

Guild Commercial Finance has had success helping borrowers restructure their finances (read below). Complete our Finance Health Check and contact one of our consultants to see if you are getting the most from your finance.

Talk to a Guild Commercial Finance consultant now

How we can help

A Melbourne pharmacist received a breach of conditions letter from their bank. Relations with the bank were strained. At the request of the Pharmacist, Guild Commercial Finance stepped in as a mediator for the pharmacist.

Guild Commercial Finance was able to secure the pharmacist an extra seven months to restructure the business borrowings. A suitable facility was found with another bank that allowed the pharmacy business to continue trading and get back on top of their financial situation.

Gareth Kay, National Business Manager, advises pharmacists in similar circumstances to seek help early. "In my experience, if you find yourself in breach of your loan covenants you are best to communicate this to your lender ahead of time, with a plan to rectify the situation. Refinancing is an option, but so is a renegotiation with your existing lender.