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
"My wife and I are thankful and very grateful for the excellent financial advice and success you have provided us to date. We look forward to your continued professional support in the future"
"PCS Finance are efficient, friendly and helpful. It was our first purchase, lots of unknown. Damien was very patient and directed us each step of the way. Thank you heaps for that"
"PCS assisted me with several purchases, which in themselves were complex, because it involved the sale of multiple properties at the same time. Many scenarios were presented to Damien during the process, and at all times they handled the issues with a high degree of professionalism, enhanced by the personal touch"
"What we liked most was the communication, we were always kept informed along the way and how it was progressing. It was possible that the lending would not come through at one stage, but Damien managed to get us over the line. Many thanks for everything"
"I have only ever used PCS Finance to broker my Management Rights purchases. I have found Damien 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. Damien's knowledge of partnerships has been invaluable. I wouldn't use anyone else"
"Damien and Helen 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"
"I would like to thank Damien and Helen 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 with PCS Finance in the future"