Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Debt-plagued lender gets another reprieve

Notify me of new replies via email
Australian Broker | 08 Apr 2014, 07:54 AM Agree 0
A troubled non-bank lender has received yet another extension on a multi-million dollar senior debt facility to one of the Big Four
  • Clarke Kent | 08 Apr 2014, 08:58 AM Agree 0
    I don't ger it how can a company of this status and cash flow create a $30mil debt this is serious exposure one which obviously cannot be serviced or repaid
  • History Repeating? | 09 Apr 2014, 09:38 AM Agree 0
    Who owns the commission generated by Firstfolio and eChoice? The brokers who operate under these businesses may be well advised to conduct their due diligence on the trail.
  • Papery | 09 Apr 2014, 10:28 AM Agree 0
    Agree....no doubt this will end in tears....Brokers tears....
Post a reply