COG Financial Services (ASX: COG)
Services Provided
New Corporate Debt Facility
Project Overview
COG is a Sydney-headquartered public company listed on the ASX. With numerous acquisitions in the pipeline, they needed a corporate debt facility to enable them to execute on the opportunities.
Industry: Finance Broker & Aggregation Holding Company
The Challenge
After getting no satisfaction from their current bank, Glengyle Finance was engaged to source the facility.
The Solution
Glengyle Finance, working closely with the CEO, put together an extensive Request For Proposal to three major banks. After considerable negotiations, an exceptional offer for a facility of $31 million was received from a major bank, providing COG with the facility they required.
Testimonial
“COG engaged Craig Phillips from Glengyle Finance to source a corporate debt facility to support our next stage of acquisitions. We knew Craig from his recent banking days and though he would be a good fit for us.
After a smooth process which Glengyle Finance entirely managed, COG is delighted with the outcome. The new facility at a major Australian bank, provides us with the amount we sought; however, with better terms, conditions and pricing than what was anticipated.
I would recommend any business seeking expert independent advice on their finance, to contact Craig at Glengyle Finance.”
Andrew Bennett, Chief Executive Officer