Risk Mitigation with alternative solutions
Titan Capital found the solution by minimising the loan-to-value (LVR) to 47% and utilising the client’s other capital through cross-collateralisation. This allowed Titan Capital to finance the purchase.
However, as this was a tailored solution, it required negotiation and sign-off with all parties, and here there was a challenge too: The property market moves quickly, and delays significantly increase the potential for a purchase to fall through. To address this challenge, Titan Capital took the lead and engaged proactively and efficiently with the borrower representative. Thanks to this, the financing agreement was delivered and signed off in under two weeks, and the client was able to complete the acquisition within their timeframe.
However, as this was a tailored solution, it required negotiation and sign-off with all parties, and here there was a challenge too: The property market moves quickly, and delays significantly increase the potential for a purchase to fall through. To address this challenge, Titan Capital took the lead and engaged proactively and efficiently with the borrower representative. Thanks to this, the financing agreement was delivered and signed off in under two weeks, and the client was able to complete the acquisition within their timeframe.
The Titan Capital difference
It wasn’t just that the negotiations were closed quickly, either. The clients secured the loan with the interest rate kept at a competitive 8.45 per cent. The client’s ability to secure this favourable loan and terms, within a short time frame and in a challenging economic environment came down to Titan Capital’s unique qualities as a lender.
As a full-service lender, Titan Capital can take swift action, and its team of highly-skilled negotiators put the client’s needs and timeframes first.
As a full-service lender, Titan Capital can take swift action, and its team of highly-skilled negotiators put the client’s needs and timeframes first.
Success through proactivity and agility
It’s not just about the speed of response that ensured this loan’s success. Titan Capital demonstrated adept communication skills, and the ability to interpret the client’s needs and concerns into a solution with terms that were acceptable to all parties.
By proactively taking these measures and showcasing adaptability, Titan Capital accomplished a successful outcome that benefited all stakeholders.
By proactively taking these measures and showcasing adaptability, Titan Capital accomplished a successful outcome that benefited all stakeholders.
Loan Amount
$
352
K
The Titan journey succeeded
47
Loan-to-value ratio
This solution involved reducing the loan-to-value ratio exposure to 47%, cross-collateralizing the client’s other assets, and negotiating the terms with the relevant borrower representative.
2
Loan Settlement
The timeline was pressing as the clients were approaching a notice to complete, requiring clear and concise communication with the BR to facilitate the process. By successfully implementing the alternative solution, Titan Capital enabled the clients to complete the purchase within the required timeframe.
8.45
Interest Rate
Furthermore, Titan Capital effective communication with the relevant borrower representative enabled them to negotiate the terms of the deal in a timely and efficient manner.
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