Merx

When we spot an opportunity for growth, we back success with purpose-fit finance. Here's a recent example:

Why did this client need our funding: Funding needed to expand the presence of a retail business. They identified strategic locations that promised a good influx of foot traffic and an opportunity to reach new markets. However, despite their clear plans and a track record of success in their existing location, the bank was hesitant to support them.

Amount: $150,000
Industry: Retail business
Location: Auckland
LVR: 70%
Type of security: Business assets and second mortgage over residential property.
Path to repayment: Increased business cashflow to repay the loan over time.

Why Merx: Recognising the potential in their plans and the good trading base they already have, we stepped in to bridge the gap by providing a tailored solution, enabling the business owner to secure new locations and roll out the expansion.

Like to find out more or talk to Merx about business finance requirements? Goto www.merx.co.nz or call 09 215 9364.

We created the Wholesale 1 PIE Trust with the understanding that sound investment strategies go beyond just generating returns — it's about preserving those returns and minimising factors that can erode profits.

Here's some information about why we chose the PIE structure. If you'd like to learn more, get in touch. https://tinyurl.com/348hymh6

†Investors must qualify as Wholesale Investors as that term is defined in sections 3(2)(a) – (c) or 3(3)(a) of Schedule 1 of the Financial Markets Conduct Act 2013 (“FMCA”). The Fund is not suitable for retail investors.