Pratt & Co Financial Services Pty Ltd has experience significant change over the past 12-months. We have streamlined our business, improved our efficiency and expanded our range of financial services.
Below is a brief glimpse of our past 12-months. If you have any queries, or would like to speak further about any financial issues, please contact our office and speak with a member of our team.

1. A GLIMPSE OF THE PAST 12-MONTHS
2. PUBLIC COMPANY FINANCING
3. STOCK & DEBTOR FINANCING
4. BIAV FINANCIAL ADVISORY SERVICE
5. FINANCE CONSULTANT FOR CAR IMPORTERS
6. FREEDOM AT LAST
7. SECOND MORTGAGE FINANCE

1. A GLIMPSE OF THE PAST 12-MONTHS

2. PUBLIC COMPANY FINANCING

Pratt & Co. over recent years has assisted in the fund raising for a number of public companies. We were recently engaged by a public company client to raise funds on capital equipment that was already owned, as the client required additional working capital for a joint venture and a possible merge.

The capital equipment involved had been owned for a number of years and there were certain taxation issues that needed to be addressed. The equipment was valued by the financier and settled within the time frame required, without incurring any addition tax liability by utilising the correct facilities.

3. STOCK & DEBTOR FINANCING

While focussing on our traditional marketplace of finance lease, asset purchase & chattel mortgages, we are also able to assist clients who inquire about "Stock & Debtor" financing, as well as restructuring current financial commitments to raise additional working capital. Over the past 12 months we have enabled several clients greater room for expansion into new ventures by utilising this financial option.

4. PRATT & CO TEAM HELPS FORM THE BAKING INDUSTRY FINANCIAL ADVISORY SERVICE

The Baking Industry Association of Victoria (BIAV) recently announced that it has formed a financial advisory service in partnership with Pratt & Co Financial Services Pty Ltd.

5. PRATT & CO. BECOMES EXCLUSIVE FINANCE CONSULTANT FOR CAR IMPORTERS

David Williams, who joined the Pratt & Co team at the commencement of the 2003/04 financial year, has recently been appointed as the exclusive "Financial Consultant" for a motor vehicle importing company.

6. FREEDOM AT LAST

Pratt & Co. recently re-financed a large, well-respected transport company. The restructure resulted in the $3 million finance package where the company directors removed their homes as security for the business. The package also involved the purchase of a competitors businesses with three additional prime movers and six trailers, all secured by the assets purchased.

This company now has the freedom to continually expand. Prior to the refinance, the future growth was restricted by their bank and finance companies with four Debenture Mortgages registered against the company. With the new purchases the business has grown 25% in one month yet their monthly commitment has reduced.

Please contact our office on (03) 9827 4477 or email for more information

7. SECOND MORTGAGE FINANCE

Pratt & Co has recently arranged second mortgage property funding for various clients at competitive second interest rates.

Whilst second mortgage funding does not suit all businesses, it can often provide a quick cash injection into a business on a short to medium term basis. If longer term funding were required, a full analysis of your current position would be recommended.

Please contact our Mortgage Department on (03) 9827 4477 to discuss your existing or future mortgage requirements.