PCS Finance is a Management Rights Finance Specialist company that has built experience in the Management Rights industry constantly for the last thirteen years (versus a company that has only been involved in a few transactions over the last 12 months).
By speaking to PCS Finance prior to looking at properties, you will have an idea of your maximum borrowing capacity. You will then be in a strong position to purchase knowing your finance has been pre-approved subject to the banks’ standard lending conditions. This allows you to make an offer on a Management Rights business when you find it.
When you find a potential property, don’t hesitate to call PCS Finance to discuss the property and understand the fees, charges and ongoing interest costs.
When you are ready to place the loan application, PCS Finance will deal with the lenders available. There are eight banks that lend to the Management Rights industry. The benefit of working through PCS Finance is the best offer/loan structure for you will be evaluated by PCS Finance at no extra cost. PCS Finance is paid by the lender, not the client.
PCS Finance will explain how and why your loan has been structured and approved in a certain way. At this stage it is important to work with your Accountant and Solicitor to ensure the loan set-up will work hand-in-hand with the business structure set-up.
When you are ready to commence inspecting potential properties, contact a Management Rights property specialist in your area.
Property Brokers who specialise in Management Rights include:-
- Venz Management Rights
- MR Sales
- RnR Strata Sales
- Australian Resort Management Sales
- Property Pacific
- Resort Brokers
An Accountant specialising in Management Rights will evaluate the net operating profit by way of verifying the trust and general account transactions. Accountants will also check the Form 6 agreements and any other relevant information in relation to the profitability of the business. This includes evaluating the actual income and operating expenses over the last 12 months.
The Accountant will also add value up-front by ensuring the business and loan set-up meets the criteria for tax deductibility. It is imperative that any loan documentation details the purpose of the borrowings in relation to the Management Rights business.
Accountants who specialise in Management Rights include:-
- Archer Gowland
- Baker & Affleck
- KARM Group
- Erika Thomas & Associates
- McAdam Siemon
- Valmadre Accountants
- Jonathan Grant
- HLB Mann Judd
A Solicitor who has Management Rights experience will be beneficial to ensure the business structure set-up will benefit and protect the purchaser. If a partnership is developed, a Solicitor will ensure the Partnership Agreement is set-up correctly. Additionally, the agreement between the Body Corporate, a Silent Partner and the working Manager needs to be developed in fairness between all parties.
Solicitors who specialise in Management Rights include:-
- Mahoney Lawyers
- Hynes Legal
- Small Myers Hughes
- Hillhouse Burrough McKeown
- Pevy Lawyers
- Short Punch & Greatorix
- Nicholsons Solicitors
- Griffiths Parry Lawyers and Notary
Management & Letting Rights - Brisbane
Management & Letting Rights - Sunshine Coast
Management & Letting Rights - Gold Coast
Management & Letting Rights - Coral Coast
Management & Letting Rights - North QLD
Why Is PCS Finance The Market Leader
- Management Rights Finance specialists
- Sophisticated partnership structures (matching working and silent partners)
- Multiple office locations for your convenience
- Directors own management rights themselves
- Excellent relationships with management and letting rights lenders
- Corporate strategies for MLR operators
- Consistent high rate of finance approvals
I would like to thank PCS Finance for their outstanding professionalism and support throughout the process of applying for, and attainment of finance for my recent purchase. I highly recommend your services and look forward to an ongoing professional relationship.
The service provided by PCS Finance is outstanding. We have used them since we began in Management Rights 12 years ago and continue to seek advice on finance whenever it is needed. We would not hesitate to recommend them at any time.
We have been operating Management Rights businesses for more than 11 years now and have used the services of PCS Finance each time we bought a new business. Damien Windle has always been our one-stop advisor on business loans. Damien and his team are very professional, responsive and a pleasure to deal with. We would not consider anyone else for our financing needs.
I have worked with the team at PCS Finance on two occasions. One to buy my first Management Rights business and the second to expand. The PCS team have been a pleasure to deal with on each of these occasions with a mentality to help overcome problems that may have otherwise brought an end to the purchase. Additionally, the contacts that PCS have within the industry make transactions progress in a timely and professional manner.
The team from PCS Finance have been amazing from when we purchased our first Management and Letting Rights in November 2015. Very patient, helpful, prompt and always come up with the right solutions. We are still in contact with them on a regular basis. We would not hesitate in recommending PCS Finance to anyone that may be looking for a great finance broker company.
I have only ever used PCS Finance to broker my Management Rights purchases. I have found PCS Finance to be knowledgeable, open, honest and thorough and always willing to help. We have always had smooth sailing and I'm sure that's due to the vigorous paddling below the surface. PCS Finance's knowledge of partnerships has been invaluable. I would not use anyone else.
I had minimum capital and could not see any way to get sufficient finance. PCS Finance managed to work with the bank to use my equity to get me enough money to buy the Management Rights I was desperately looking for. This was the second time they have done this and it was even easier and quicker, and much less information I had to provide. In total, I have now been able to purchase Management Rights of more than $1.7M, I just wish I had started earlier in life.
PCS Finance delivers superlative service based on exemplary knowledge of the industry in all its facets providing confidence in all negotiations. I cannot recommend more highly PCS Finance and their team to anyone considering using their services to enhance their future.
The team at PCS Finance were fantastic. They took the time to understand my needs and then provided me with several options that ensured all my needs were met. The ongoing communication and quality of service is excellent. I am happy to recommend them.