Laurie Curran Water

4 Sept

Services Provided
Full Banking & Finance Tender

Project Overview
LC Water is a Geelong-based company specialising in the bespoke design and construction of water and wastewater treatment plants. After many years with the same bank, LC Water felt like they were being somewhat taken for granted.

Industry: Water Infrastructure & Engineering

The Challenge
Following an introduction from another client, Glengyle Finance was engaged to find an appropriate financier that better structure and price their requirements.

The Solution
Glengyle Finance put together a detailed Finance Memorandum and approached a number of banks. The result was a strong offer from a major bank, that among other things, enabled the principal’s family home to be released from the security.

Testimonial

“Our business in the water sector had been operating with one bank for over 20 years and we weren’t particularly happy with the bank’s approach to our facility.

Following a strong recommendation from a colleague, we engaged Craig Phillips at Glengyle Finance to assist us in searching the finance marketplace for an institution which gave us a better fit.

Craig took the lead in the work, fashioning the information we provided to him into a memorandum which he took to a number of institutions. He managed the negotiations with shortlisted institutions, right through to an acceptable outcome and, on the back of his work, we are moving to a new bank.

Craig’s thoroughness, industry knowledge and financial nous gave us great confidence in his work. Further, he was unfailingly courteous and a pleasure to work with. I’d highly recommend him and his business.”

Laurie Curran, Managing Director

Craig Phillips

Laurie Curran Water

“Our business in the water sector had been operating with one bank for over 20 years and we weren’t particularly happy with the bank’s approach to our facility.

Following a strong recommendation from a colleague, we engaged Craig Phillips at Glengyle Finance to assist us in searching the finance marketplace for an institution which gave us a better fit.

Craig took the lead in the work, fashioning the information we provided to him into a memorandum which he took to a number of institutions. He managed the negotiations with shortlisted institutions, right through to an acceptable outcome and, on the back of his work, we are moving to a new bank.

Craig’s thoroughness, industry knowledge and financial nous gave us great confidence in his work. Further, he was unfailingly courteous and a pleasure to work with. I’d highly recommend him and his business.”

Street Fleet