by Accom Properties
21st July, 2017
Finance for Management Rights, Motel & Caravan Parks
About Mike Phipps Finance
Mike Phipps Finance provide a boutique finance brokerage and consultancy service. Our client focused team will assist you in accessing customised finance solutions for your accommodation business.
As experienced bankers with contacts among both the professional services and financial services industries, we can cater for a wide range of our client’s requirements. While we specialise in Management Rights, Motel and Caravan Park finance a full range of finance products and services are available to our clients.
- - Finance for Management Rights & Accommodation Assets
- - Freehold and Leasehold Motel and Caravan Park Finance
- - Initial Assessment of Funding Requirements including Off the Plan
- - Loan Refinancing and Renegotiation Assistance with Lender Annual Reviews Business, Commercial and Equipment Finance Housing and Consumer Finance
- - Case by Case Consultancy
Our process is highly personalised. If you are new to the industry we will take the time to assess your requirements, explain the purchase and finance process and provide a summary of your likely purchasing range. Introductions to industry professionals will be undertaken and constant support throughout the purchase process is provided.
We understand that the management rights, motel and caravan park purchase process can be complicated. Our services ensure that each step is closely monitored and any possible problems quickly identified and rectified.
Post settlement we remain in touch to ensure your banking relationship evolves smoothly. It’s very reassuring to know that even if your bank manager moves on you will continue to have a trusted advisor - providing advocacy on your behalf.
Mike Phipps has been a career banker for more than 30 years. Over the past 15 years he has specialised in Management Rights and Accommodation Finance.
Mike was previously National Business Development Manager, Management Rights & Strata Sector for a large Australian Bank.
Over many years Mike has built a network of industry contacts, advisors and advocates. He is uniquely placed to assist both new entrants and existing operators in all facets of management rights, motel and caravan park funding. In an ever more complicated and regulated banking and commercial landscape businesses need well informed, timely and accurate assistance. Mike is able to facilitate smooth transactional capability through an intimate knowledge of the industry and the people who operate within it.
Mike is a Fellow of the Financial Services Institute of Australasia (FINSIA). He is a member of the Australian Resident Accommodation Managers Association (ARAMA) and a member of the Mortgage Finance Association of Australia (MFAA).
He also holds a Diploma in Finance and Mortgage Broking Management and is an finance... MFAA accredited Credit Advisor.
Mike speaks regularly at industry seminars & forums.
"Our firm has dealt with Mike Phipps over many years assisting our mutual clients with the most tax effective lending options for their acquisition of management rights, motels, hotels, caravan parks and various other accommodation business opportunities. Mike’s professionalism, integrity and personalised approach ensure our clients are always in good hands and get the best result every time."
Tony Rossiter - Holmans Accountants
Pre-Qualification & Finance Pre-Approval
Purchasing a significant business like a management rights or motel is not an inexpensive exercise.
Before you incur costs or even start looking for a suitable purchase we will pre-qualify you in respect of purchasing capacity and show you how the purchase and debt funding will work.
We will provide personalised assistance (fee free) in respect of calculating purchasing price range, better understanding individual opportunities and funding scenarios.
Once you go to contract we manage the entire finance process on your behalf. This includes the finance tender process, which we find tends to bring out the best in the banks.
"I have worked with Mike over many years and always found him extremely knowledgeable and well researched. His in depth, technical ability and significant industry contacts make him a valued part of my operations within the accommodation sector. "
Richard Arbon - Director Arbon Property Group and Blue Chip Accommodation
- Management Rights Finance
- Funding Pre-Qualification
- Motel and Caravan Park Finance
- Accommodation Sector Consultancy
Mike Phipps: 0448 813 090
Paul Grant: 0448 417 754
Lisa Quick: 0408 720 653
Phone: 07 54 702 194
Fax: 07 54 556 626
4/31 Mary Street, Noosaville QLD 4567
PO Box 183 Noosa Heads QLD 4567