Case Studies

The client had previously engaged multiple private lenders for assistance with refinancing and cashing out but was unsuccessful due to the high Loan-to-Value Ratio (LVR) and the nature of the high-end properties involved. Consequently, the broker overseeing the client’s case presented us with this complex scenario. Facing numerous challenges, Maxiron Capital’s dedicated lending executive and risk team worked tirelessly to surmount these obstacles. After three weeks of concerted effort, we successfully formulated a solution that met the client’s requirements and achieved the desired outcome.

The client, a property developer in Campbelltown, South Australia, urgently needed funding to secure a development site but had only days to settle. This complex scenario was made more challenging by a complex asset mix that needed to be leveraged for additional equity. Using the Flash 48™ product and an in-house licensed valuer, Maxiron Capital was able to move immediately. They completed four desktop valuations in just two hours, and settlement was finalised within 48 hours from contract day to completion. This precision ensured the client secured the site, avoided losing their deposit, and dodged a potential default with the vendor.

The client, a property developer, urgently needed $700,000 to complete a critical property acquisition. The main challenge was that the property being purchased was not the one being used for security, and the purchase was tied up in a complex company structure with multiple directors.

Facing this urgent and complex scenario, Maxiron Capital leveraged one of the client’s existing properties to quickly unlock the necessary equity. The application was received on Thursday morning, a desktop valuation was conducted, and the $682,000 loan at 75% LVR (with capitalized interest) was formally approved by Thursday afternoon. Loan documents were ready by Friday morning, signed by lunch, and the deal was settled the same afternoon. The client successfully secured the funding on time, kept their development moving, and avoided missing a key opportunity.

The client, a construction business, faced a time-critical situation just days before settlement on a residential property acquisition, as the original lender abruptly withdrew funding. Facing this urgent scenario with no time to spare, the broker engaged Maxiron Capital. Leveraging the Flash 48™ product, Maxiron’s team acted with speed and smart structuring. In just three hours, a desktop valuation was completed, a competitive offer was structured at a high 78% LVR, and formal approval was issued via DocuSign. The deal was successfully settled 48 hours after Maxiron was engaged, delivering a seamless outcome despite the extreme urgency.

The broker reached out to get a 2nd mortgage for his builder client who needed to pay salary to his workers urgently in one week. We accepted the property as security and went beyond to perform the desktop valuation even though it is not within the Metro area. The client was pleased with our response, immediately booked an appointment with the solicitor and went to the office to wait for our contract to be issued. Everyone was fully switched on the contract so we were able to settle it in just 4 days. The application was received and approved within the 1st day, and the client reviewed and signed back the offer letter on the 2nd day. The client was able to sign the contract with the solicitor on the 3rd day. To conclude, we reviewed everything and issued funds on the 4th day.

The broker was required to refinance an existing private loan to a new facility for a short-term loan while finalizing the construction facility. The issue was that we had only two weeks to pay off the existing private loan or the client would face massive penalties with the current lender. From the time we received the application, the client had a letter of offer within 24 hours, which was signed, and the valuation was paid and ordered immediately. The valuation returned lower than expected, so we negotiated with the broker and increased the LVR to assist in any shortfall. Once agreed, contracts were out within 24 hours, signed by the client the next day, and settled the day after, satisfying the client’s requirements and deadlines.

The client needs an equity release from the existing property in Strathfield NSW 2135 to supply business operating cash flow. The client could not get bank finance because they were unable to satisfy traditional banks’ service requirements.

The overseas investor needs a short-term cash flow to pay for other business running costs due to COVID.

The borrower was presented with an opportunity to invest in a long-term fixed-profit guarantee property. The current rural property has a fixed leased contract, with a major energy company and a high yearly yield return. The client was not able to secure finance through traditional banking due to the unique rural location.

The broker reached out about refinancing five facilities to Maxiron under one umbrella. After the broker struggled to find a lender willing to take on all the securities and a loan of this size, valuations were completed on all properties. One valuation came back lower and affected the cash out to the client. As we are customer-focused and think outside the box, we increased the LVRs on all securities to ensure the client was satisfied and did not experience any shortfall. The settlement in 48 hours after the client signed the discharge forms.