About Us
We are a boutique finance brokerage and consultancy business with a focus on client service and access to customized finance solutions. As experienced bankers with contacts among both the professional and financial services industries we can cater for a wide range of our client's requirements. While we specialize in management rights, motel and accommodation finance, a full range of products and services is available.
- Finance for Management Rights and Accommodation Assets.
- Motel Freehold and Leasehold Finance.
- Initial Assessment of Funding Requirements inc Off The Plan.
- Loan Refinancing and Renegotiation.
- Assistance with Lender Annual Reviews.
- Case by Case Consultancy.
With access to all lenders within the management rights, motel and accommodation sector we will ensure the appropriate funding structure is negotiated for your particular needs. In most instances our services in raising new finance or refinancing existing facilities is provided on a fee free basis to the borrower.
Our Service
Our process is highly personalized. If you are new to the management rights, motel and accommodation industry we will take the time to assess your requirements, explain the purchase and finance process and provide a summary of your likely purchasing value range. Introductions to industry professionals will be undertaken and constant support throughout the purchase process is provided.
We understand that the purchase process can be complicated. Our service ensures that each step is closely monitored and any possible problems quickly identified and rectified.
Post settlement we remain in touch to ensure your banking relationship evolves smoothly. It's very reassuring to know that even if your bank manager moves on you will continue to have a trusted advisor providing advocacy on your behalf.
Services Include:
- Initial Industry Briefing.
- Pre-Qualification and Likely Purchase Price Range.
- Specific Purchase and Debt Funding Scenarios.
- Management of the Finance Tender Process.
- Provision of all Necessary Information to the Successful Finance Provider.
- Management of the Formal Loan Application and Approval Process.
- Liaison and Co-ordination with the Lender, Lawyers and Accountants Throughout the Process.
- Ongoing Assistance as Required.
Our services are generally free.
Who Am I?
Mike has been a career banker for more than 30 years. Over recent years he has specialized in management rights, motel and accommodation finance. Mike was previously National BDM Management Rights, Motel and Accommodation Sector for a large Australian bank.
Over many years Mike has built a network of industry contacts, advisors and advocates. He is uniquely placed to assist both new entrants and existing operators in all facets of accommodation asset funding. In an ever more complicated and regulated banking and commercial landscape businesses need well informed, timely and accurate assistance. Mike is able to facilitate smooth transactional capability through an intimate knowledge of the industry and the people who operate within it.
Mike is a Senior Associate of the Financial Services Institute of Australasia (FINSIA). He is a member of the Australian Resident Accommodation Managers Association (ARAMA) and a member of the Mortgage Finance Association of Australia (MFAA). Mike speaks regularly at industry seminars and forums. He has been a guest speaker at various ARAMA and other industry information events. Mike presented and was a forum member at the 2008 Australian College of Community Association Lawyers (ACCAL) national conference.
Mike Phipps SA Fin
Director | Phippsfin Pty Ltd
ACN 139 124 673
Contact
Ph: (07)54 735 531
Fax: (07)54 735 543
http://www.mikephippsfinance.com.au