Key Considerations for Borrowers The private credit market in Australia has experienced significant growth and is becoming an increasingly important part of the financial landscape. Private credit now accounts for approximately 11% of business lending in Australia, according to recent Reserve Bank of Australia data. However, this market share is still considerably lower than in […]
The Next Phase in GCI’s Financing of Real Estate As the Australian real estate market continues to evolve, one truth has become increasingly clear: traditional banks can no longer be relied upon as the solution to all financing needs. Over the last few years, tighter regulations, shifting economic conditions, and risk-averse lending practices have made […]
Since May 2022, with rising interest rates and increased concerns about the outlook for the economy, equity market support for fintech and non-bank financial institutions (“NBFIs”) has dramatically declined. In Australia, listed NBFIs have gone from being valued richly on multiples of revenue to trade in some instances at less than their tangible net asset […]
“Bankable” – it’s a phrase we hear regularly from debt advisers and finance brokers in Australia and New Zealand – suggesting the quality and attractiveness of a particular deal is so good you (and a friendly bank manager) would bank on it! In reality, many mid-sized borrower clients have financing requirements that fall outside traditional […]
In the world of business, success often hinges on the ability to adapt and overcome challenges. Nomad Breads is a manufacturer of artisanal style bread with a significant presence making Turkish bread. Facing a slew of issues ranging from supply chain constraints to an impending senior debt maturity, the business needed a lifeline to transform […]
In the dynamic landscape of private credit investment, investors have a variety of choices when allocating capital. There are many managers to choose from, who focus on different segments of the market, different types of borrowers and different parts of the capital structure. Each manager brings their own expertise and unique perspective on their target […]
Realizing transformative business opportunities often requires additional capital and navigating significant complexity. In Australia’s middle market, despite a well-established private equity ecosystem, the availability of debt capital to support transformational initiatives remains limited and restrictive. Both traditional banks and non-bank lenders face constraints, particularly within the $10 million to $50 million range, especially if property […]