Who We Are...

We are delighted to present our first Media Video release. You will be introduced to the Directors at  Robinson Sewell Partners - Brad Sewell and ...

Read More

Free Consultation

Get a free consultation today

Ian Robinson        0448 697 674

Brad Sewell          0427 390 016

Michael Stout       0427 692 418 

Andrew Toole       0437 889 036

Deb Purvis           0409 438 115

David Robertson  0407 697 797

We will provide an assessment of your business needs, and expectations of our service and agree to the scope of work required.

Request your consultation here.

Case Studies January 2014

23 Jan 2014 9:54 AM - Client success stories from Brad and Ian

Dear all,

To launch into the New Year, let’s draw upon the motivation of some astute businesses who pro-actively sought and executed improved funding platforms for their businesses.  Please take the time to read the latest Robinson Sewell Partners’ report on how the following three businesses achieved financial coups for their respective enterprise which will translate into a more profitable FY14.

 

CASE STUDY 1

Client Position: Funding Risk

Deal started in March 2013 when the client received a finance offer from an alternative bank for a $5,700,000 agribusiness facility.  RSP were asked to review the offer, which while fair on a pricing basis, had security provisions and loan covenants adverse to the clients business.  This would then create an element of funding risk to the client for their mixed farming operation.   On the back of this advice RSP was then engaged by the client to identify a better finance solution.

RSP Solution

RSP conducted a full credit analysis of the business, represented and mitigated the client’s funding position and project managed the financer tender.  The result of the RSP tender process was successful with an offer made by an alternative bank that included competitive pricing (a saving of $50,000pa), excluded security over some assets required by other lenders, and had standard loan covenants only. The client also now has access to a dynamic and well-resourced relationship manager.

 

CASE STUDY 2

Client Position: Cost Savings

A mixed farming client was dissatisfied with the service and lack of understanding from their existing bank supporting an $18,000,000 agribusiness facility and was seeking an alternative lender to meet those needs.  Given the size and the quantum of the business, necessary action was required to ensure that there was funding stability and economic efficiencies from their banking arrangements.  RSP was formally engaged to project manage this specialised process.

RSP Solution

RSP completed a comprehensive assessment of the business and created clarity around the credit profile of the opportunity.  RSP then initiated a finance tender process, which also included the existing bank. The existing bank acknowledged the current poor level of service, and offered to transfer the clients account to an agribusiness team better resourced and located closer to the client. Under the tender process framework the existing bank also offered a more competitive loan structure and reduced pricing (saving the client $300,000 pa), and ended up displaying a greater understanding of the client's business and locational characteristics than the client expected, and against that of the other banks. In summary, the client ended up staying with the existing bank, while at the same time achieving significant interest and fee savings, and access to a more dynamic relationship team.

 

CASE STUDY 3

Client Position: Speed to Market

A client was seeking to refinance their existing agribusiness debt and more importantly settle on a commercial property recently purchased with time being a critical factor.  Given the client’s expertise falls outside of commercial finance presentation and negotiations, the client engaged RSP to complete the transaction.

RSP Solution

RSP understood the client’s requirements and accelerated all measures to achieve the funding milestone.  Given RSP’s representation in the market, RSP streamlined the process whereby the client received a formal Letter of Offer within 2 weeks from RSP’s engagement.  The offer was accepted, the refinance and settlement went through with great efficiency.

Look forward to hearing from you in FY14…

Kind regards

 

Ian Robinson & Brad Sewell

Directors – Agri & Commercial Finance

Ian Robinson

Mobile: 0448 697 674

Email: ian@robinsonsewell.com.au

 

Brad Sewell

Mobile: 0427 390 016

Email: brad@robinsonsewell.com.au

 

"This e-mail and any attachments to it (the "Communication") is, unless otherwise stated, confidential, may contain copyright material and is for the use only of the intended recipient. If you receive the Communication in error, please notify the sender immediately by return e-mail, delete the Communication and the return e-mail, and do not read, copy, retransmit or otherwise deal with it. Any views expressed in the Communication are those of the individual sender only, unless expressly stated to be those of Robinson Sewell Partners. Robinson Sewell Partners does not accept liability in connection with the integrity of or errors in the Communication, computer virus, data corruption, interference or delay arising from or in respect of the Communication."