Management letting rights
Westpac offers a full banking solution for Management Rights purchasers and existing operators wishing to refinance. Business Lending, Trading Accounts, Statutory Trust Account, Savings Accounts, Credit Cards, EFTPOS facilities, Online Banking, and Financial Planning are just a few solutions.
Specialised Management Rights Bankers
Bankers that have specific local knowledge of the Management Rights industry and relationships with key stakeholders at all levels.
Lending up to 70% of purchase price / valuation
Assist with the ownership of higher income producing properties for smaller capital introduction.
Interest Only Options
Allows cash flow to build within your business and for you to build equity in the business on your own terms. Working with your accountant for the most tax efficient structure.
Partnership specialist Bank, with either single or multiple shareholders
Westpac are known within the industry for their knowledge of multi-partnership ownership, including silent investors and active managers. This can be just 2 partners or 20.
Local decisions, local bankers
All decisions are made at local business Banking Centres across Queensland. All Bankers work and usually live in the areas that your business operates and can offer a professional personal service.
Help with refinance costs including valuations
If you are looking to refinance your business to Westpac from another Bank, we can assist with some of the costs associated with the move and also make the transition as easy as possible.
Understand the difference between Permanent letting, Corporate letting and Holiday letting
Management Rights businesses are specialised and complexes differ from each other, with our knowledge we can offer the right advice for the right complex, whether borrowing money or requiring Transactional Banking solutions.
Solutions for collecting rental payments in a simplified format
We have a number of options that make it easier for you to collect your rental payments, especially for Permanent complexes that will save you time and money.
Contact Nick Smith, specialist management rights banker in Queensland for more information.