WHAT IS RETAIL FINANCE?
Retail finance is the offering of credit facilities or stage payments to suitable creditworthy customers.
A number of borrowers are currently finding it difficult to secure development and investment funding from traditional sources. These are generally good borrowers who temporarily do not meet the banks credit criteria primarily relating to a level of vacancy in their commercial property or lack of presales in residential development. We have internal and external funding sources able to provide this funding.
Because we are a private company, our credit process is very prompt. We communicate with our borrowers so they understand the terms necessary to obtain the funding. This can be a two day approval when urgently required.