When refinancing, Balanz will recommend a select number of banks to approach, using our experience and knowledge of the banking sector.
We will prepare a proposal and prepare and collect relevant information to accompany the credit submission. If required we will prepare financial models and budgets to support the proposal.
Upon receipt of indicative offers / terms sheets we prepare a comparison and recommendation for your approval. We will then liaise with the shortlisted to finalise the approval and settlement process.
The following factors are important to successfully complete a bank refinance:
- Understand the differences between the banks in terms of appetite, lending criteria, industry focus and other key considerations
- Prepare and present the information in a professional manner with the highest level of accuracy
- Manage the process efficiently and engage with the various stakeholders to meet timelines
- See the deal through until the end (the ‘devil’ is often in the final detail)
The team at Balanz has the expertise and practical experience to manage the refinance process from start to finish in the most efficient and professional manner.