Milton, Australia – April 16, 2019 / Charter Partners Brisbane /

Milton, Brisbane – Charter Partners, leading Brisbane business tax accountants, have announced the formation of ‘Charter Funding – bespoke finance solutions’ in partnership with Matthew Gordon of Secta Finance. Charter Funding is a new finance brokerage, consulting and intermediary finance division and service. It will be headed by Matthew Gordon, who has more than 20 years of experience including being a senior executive at NAB as well as leading property, health, emerging corporate and generalist teams across Brisbane and Queensland, until he became State General Manager for ANZ Queensland. More information about Charter Funding can be found at https://www.charterpartners.com.au/wealth_division/.

Charter Partners have a high regard for the relationship they have with their clients and respect the faith that their clients have in them as advisors and service providers for the financial aspects of their businesses. They have have always sought out opportunites to add value to their clients like the longstanding relationship they have with financial planning group Elston – for more information got to https://www.charterpartners.com.au/wealth_division/.

This aim of this new partnership with Secta Finance is lo save lots of money for our clients by getting them access to much better terms for their commercial lending. In announcing the partnership, Anthony McPhee, a spokespersong for Charter Partners, commented, “We estimate 70% or more of our clients are being overcharged on interest costs hence this is a fantastic opportunity to provide them with market leading finance options and a service offering well above what the banks offer and ultimately, as has been our experience to date, the potential for considerable savings.” 

Brisbane Commercial Lending Market – Current State

The current environment for commercial is very competitive and is driven by two primary factors. The first one is the fact that the overall commercial lending market is experiencing low credit growth. The result is that there is a need for lenders to aggressively gain new clients through refinancing. The second factor is the fact that most of the players in the market are very complacent with regards to their current customers and are not being proactive in making sure that their customers are getting the lender’s best deal.

This fierce competition in the commercial lending markets means provides fantastic opportunities for those borrower who want a better deal like the examples below achieved by Charter Funding for their clients:

• refinanced a $12 million lending facility, resulting in annual interest savings of $125,000 plus some of the release of some assets previously used as security
• refinanced a $3.5 million lending facility, the result an annual interest savings of $70,000 and the release of an owner-occupied home as security.

Charter Funding – services

Matthew Gordon, a spokesman for Charter Funding, added, “Our aim is simple. Save our clients’ money – often thousands or even, in some cases, hundreds of thousands in annual interest payments. The current commercial lending market is very hungry with low credit growth and complacency towards existing clients resulting in ferocious competition for new customers. The result is that the market is flooded with excellent deals if you know where to look and how to negotiate.”

Charter Funding provides highly customised solutions for transactions ranging from the simple to the most complex transactions. They do not believe in the usual “set and forget” model for brokerage, which would cost clients hundreds or thousands of dollars. The service areas for Charter Funding include the Sunshine Coast, the greater Wide Bay, Darling Downs, and the Gold Coast.

The services provided by Charter Funding include commercial intermediary service, commercial brokerage, mortgage broking and intermediary service, asset finance, property funding, and cashflow finance. The client can appoint Charter Funding to act as intermediary with the commercial lender in order to negotiate a better position with the current bank. The commercial brokerage service is important when the client wants to change banks or borrows for a particular asset purchase. In property funding, Charter Funding assists with the client’s investment and development requirements.

Charter Partners Core Services

Charter Partners, which is based in Milton, Queensland, offers services in accounting and taxation, taxation planning, strategic planning, self management superannuation funds, bookkeeping services, benchmark and business health check, business mentoring, and business partner program. The company offers the compliance expertise and support required from accountants and CPAs who will work closely with clients in developing tax structures and strategies to minimise tax as much as possible. A team of experts from Charter Partners will also help the business turn its vision into tangible results that will grow the business. Their tax planning strategies will help clients take full advantage of tax saving opportunities.

Those who are interested in getting more information about Charter Partners or Charter Funding can visit the Charter Partners website at https://www.charterpartners.com.au/ or contact them by phone or by email.

Contact Information:

Charter Partners Brisbane

Suite 5.03 303 Coronation Drive
Milton, Queensland 4064
Australia

Anthony McPhee
+61 7 3366 1891
charterpartners.com.au