As savvy investors and developers look to step up their activity in 2021, they’re choosing to partner with TierONE Capital.
Lead by chairman Greg Paramor and directors Kevin Said and Frank Durso TierONE Capital boasts an impressive line-up of industry experts specialising in the commercial and property finance landscape.
So, what makes TierONE Capital different from other mortgage lenders? It’s simple.
Quality products, transparent and clear communication, and a committed team of industry professionals.
“TierONE Capital’s core values, and my own personal values, are aligned,” Greg Paramor says.
“We focus on the needs of both our investors and our borrowers. We see looking after both sides of the equation as being vital to achieving the right outcome, not just in the short term but, most importantly, in the long term as well.”
Frank Durso explains the group’s loan clients include property developers looking to finance construction and land-bank projects, property owners in the commercial sector, and commercial clients looking to refinance or consolidate their portfolio.
“I believe there’s always been a need for the type of flexibility that TierONE Capital can bring to the table, specifically in the area of construction and development funding,” Durso says.
“We offer finance that’s adapted to meet the borrower’s objectives. We’re on the same side to make sure that your transaction has the best possible chance of getting through to settlement. So our interests are very much aligned.”
A claim wholeheartedly supported by Brett Cottam of Holden Capital.
“Working with the TierONE Capital team is like working with another team in my own business. They genuinely want to see my business succeed and help me navigate the many obstacles that present themselves throughout the construction process.”
TierONE Capital director and chief investment officer Kevin Said says the team is transparent with their process, which leads to a positive experience for investors and borrowers.
“We have a very hands-on approach to lending, which is different to many mortgage lenders,” he says.
“We go through a detailed credit process and we have a team of people who conduct due diligence and work through the credit assessment requirements.
“We also work closely with the borrower through every step and ensure they’re kept up to speed with their application status. And importantly, communication doesn’t stop at settlement—we’ll manage the loan throughout the term and check in with the borrower on a regular basis.
“So we’re close enough to the borrower and the action to respond in a timely way in order to mitigate any potential risk if needed.
“And in terms of the product itself—we only source quality loans because we have an established network of referrers and borrowers.”
Durso says TierONE Capital also understands the importance of a quick turnaround.
“Whether that is a yes or a no. We work very closely with the client, the broker and key stakeholders to make sure that we can provide an outcome as quickly as possible.”
TierONE Capital’s approach is certainly something that appeals to long-term client Toby Pope of Alpha14 Property Group.
“I wouldn’t hesitate to recommend TierONE Capital. Their process is hands on and they take the time to understand the specific needs of my business. They make the process easy and we feel confident with the level of support provided for our projects from go to whoa.”
TierONE Capital’s investment clients include self-managed super funds, individuals, companies and business owners. The investment team works closely with investors to make sure they kept up to date with key information throughout the investment term and liaise with them towards the term end to help them move seamlessly into their next opportunity.
“We're a unique and highly agile team of professionals,” Paramor said.
Offering extensive finance management experience and a proven track record, the TierONE Capital team has substantial combined experience in the Australian property and finance industries to support you with your next development or investment decision.
To find out more about TierONE Capital’s commercial lending solutions and investment opportunities, click here.
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