Borrowing and Investment Opportunities
Having spent 4 weeks in hospital after a fall, and now already 2 weeks at home under lockdown, I’ve had plenty of time to read, and think, about a wide variety of topics including;
Having
spent 4 weeks in hospital after a fall, and now already 2 weeks at home
under lockdown, I’ve had plenty of time to read, and think, about a
wide variety of topics including;
- domestic – no dear I can’t vacuum the lounge while on crutches;
- and business – confidence clearly up as during the lockdown businesses have had time to reflect on their current and future objectives.
The latter I found quite stimulating. Obviously others have too as the read on my last TBK Capital newsletter has had the highest opening response since I started sending these in March 2011 – just over nine years ago.
Time to read and research
Now with the office closed, paper files not at hand, and needing to search everything on laptop takes time. It also meant I read previous communications, which also took time, but stimulated a rethink for me.
And I’m obviously not the only one with these thoughts; during the lockdown we’ve received new mandates to raise both equity and debt and previous unfinished mandates have resurfaced.
As to reading, I’ve been a long time subscriber to Tony Alexander’s newsletters and was particularly impressed with his 20 April issue which dealt with handling recessions. This is a must read.
My favourites were the first and last of the 10 responses he received to the question to readers of they how handled past recessions. The themes were:
- “Forget profit and balance sheet and devote all attention to cash flow” and
- “Remember that this too will pass as all previous recessions have, and note that many people regret that once they had cash flows under control, they stayed too cautious for too long and missed some good opportunities.” My underline.
To get a pdf of this issue click here and to subscribe to future issues of Tony’s View click here. I thoroughly recommend you join his audience. Here’s the latest one .
Another read I enjoy is my Peter Speakman’s “Keeping you informed”
newsletter. The last one was aptly named Capital Raising steps; a
matter which is of course is TBK Capital’s speciality. If you’d like to
subscribe to Peter’s newsletters call his office 09 973 0577 or email
him at peter@speakmanlaw.co.nz.
Proof to me of the confidence returning, are the requests we’ve received
to raise capital or borrow money to both start or expand both property
projects and businesses.
So if you’re looking to borrow money for your business - or for a
property purchase or development - reply to this email me or give me a
call. Or if you’re not sure how to get the funds you need, contact me
anyway.
Borrowing money
TBK Capital was formed 18 years ago to assist owners and buyers of
businesses, and property buyers and developers, to raise debt and equity
to realise their objectives. By the way, Tabak Business Sales is major
shareholder in TBK Capital so if you want to sell your business they’re
the people to contact.
While there are a number lenders offering debt for business and
property, including your bank, most of which seem to have made it harder
to do right now, presentation of your request is vital. And at any
time, like now when banks seem to be holding back, we have a number of
other lenders to contact.
So, if you’re a business owner, a property developer, or someone looking
to borrow or raise money for your business or for industrial or
commercial properties, reply to this email or call me on +64 21 902 901.
And investing money
TBK Capital does not give investment advice. What we do is give people –
many of whom have sold their business and got very bored playing golf
all the time – the opportunity to get a decent return on their savings
and the pleasure in assisting new and growing companies.
I’ve mentioned above the confidence that people have to invest in our country. You can see the current Offers on our website. And there’s others in the pipeline. Here’s a short summary of some of them.
Retirement villages
TBK Capital has been instrumental in raising capital for the
construction of retirement villages, two of which are now fully
subscribed and under construction. They are also in demand for the tax
advantages available to investors and their projected 40% return.
For obvious reasons - like baby boomers retiring - the demand for
retirement villages can only increase, as does the value of the original
investors’ holdings. For example, the village still under construction
in Paeroa raised investment units at $80,000, 2 of which are now for
sale at $200,000 each.
And there will be more retirement villages being built. So if this
interests you let me know and I’ll put you on the waiting list of
investors.
Property
I mentioned a few of these in my January Property Investment newsletter. The retirement villages above are of course fully subscribed but the already established Gisborne funeral business is still open.
Specifications and other matters relating to the Nelson Luxury home
development are being update and new IM will soon be available. Current
prospects will be advised soon but if you’re interested call or email
me to receive a copy.
If it’s a property fund that interests you then the Williams Corporation Fund could be of interest. For more information on this, email TBK’s South Island representative Dave Armstrong or call him on 027 210 7277.
Other Investments
We’ve got a few we’re looking at now which you’ll be advised of as a
subscriber to this newsletter. These will also be listed on our website
under Projects.
In the meantime make the most of the lockdown – as it’s turned out it’s
been a great time to reflect on the past and plan the future.
Want to Know More?
If you’d like to know more, email me or give me a call on +64 21 902 901
.............................................................................................................................................................................................................
The above investment is not an offer of financial products that
requires disclosure under the Financial Markets Conduct Act 2013 (Act)
and is available only to wholesale investors as defined by that Act. It
is intended for distribution only to selected people to whom, under the
relevant laws, it can be lawfully distributed. It cannot be distributed
in any other jurisdiction, or to any other people. It is not an offer or
solicitations in any jurisdiction in which such offers or solicitations
are not authorised, or in which the person making such offers or
solicitations are not qualified to do so, or to any person to whom it is
unlawful to make such offers or solicitations. Any representation to
the contrary would be unlawful. No action has been taken by any person
that would permit a public offering in any jurisdiction where action for
that purpose would be required.
Cheers
John Paine B.Sc., Dip BIA
TBK Capital Limited
Level 10,120 Albert Street
Auckland 1010, New Zealand
Phone +64 9 307 3257
Mobile +64 21 902 901
Email john.paine@tbkcapital.co.nz
For more information, please click the contact button below to send us a message.
⇑ back to top