Buying a permanent office for a growing accounting practice
A Brisbane accounting practice needed more room but had little cash in reserve. Write Finance arranged funding for the full purchase price, plus additional funds for the fit-out.
Of the purchase price funded
Additional funds arranged
Growth in the practice’s team
A practice ready to own its office
The Brisbane accounting practice was outgrowing its rented office. A larger team and growing client base meant it was time to buy premises that could support the business.
Growth plans. Limited cash reserves.
The directors had distributed most of the year’s profits, leaving little in reserve. The practice needed enough funding to make the purchase happen and prepare the new office for its team.
A lending structure for the purchase and fit-out
We used our understanding of sector-specific lender policy to structure finance around the accounting practice’s needs. The loan covered the full purchase price, with additional funds for the fit-out.
Sector policy
Applied our understanding of lending policy for the accounting sector.
Property purchase
Structured funding covering 100% of the purchase price.
Office fit-out
Arranged additional funds to prepare the new premises.
A new office and room for a bigger team
The practice secured its new office, established a permanent physical presence and grew its team by more than 30%. The funding supported its move from rented space to premises of its own.
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The 100% figure relates to the purchase price funded in this transaction. Available finance, security requirements and terms depend on individual circumstances and lender assessment.