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Promoted by NWC Finance.
Fast growing specialist financier, NWC Finance, is experiencing record demand from lawyers whose clients are close to failing settle property purchases and cash crises that are often sending them into liquidation.
The major banks are progressively withdrawing their financial support as they are becoming more wary of medium density developments in light of tightened APRA controls on their capital adequacy and concern about supposedly high risk loans.
CEO of NWC, Joe Morello said “We are getting calls from lawyers on behalf of clients whose banking finance has fallen over literally hours before settlement with Commercial Notices to Complete.
“This is leaving property developers, owners and builders with the prospect of losing their deposits and facing liquidation”, he added.
NWC has assisted lawyers and their clients to find solutions to these problems and have concluded a range of last minute financing arrangements like the ones listed below:
Case Studies in 2017
To learn how NWC Finance can assist you or your client with a fast and efficient funding solution, call 1800 628 303 or email
Joe Morello, director of NWC Finance