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B2B CAPITAL NEWSLETTER - MARCH 2010 Commercial Finance Welcome to our latest newsletter. In this edition, we provide details as to what funding options we have available and cover the latest news on what's been happening in the finance industry which is certain to be of interest to you. We hope you enjoy the newsletter and as always, please contact us on 1300 728 796 if you have any questions or need our assistance with commercial finance. Current Funding Available B2B Capital can assist with the following funding options currently available, which are as follows:- - Funding available up to 75% LVR - No presale requirements - Private funding rates starting as low as 8.5% p.a. - Mezzanine Finance available for $1 million plus applications - Joint Ventures & Equity Participation B2B Capital will consider funding submissions on a case by case basis, generally subject to the following criteria:- Loan Amount Minimum $500,000 Maximum $10,000,000 Purpose Non-Regulated Only Construction Bridging Refinance Purchases LVR 1st Mortgage Maximum 75% of Gross realisable value of security. Terms 6 - 24 months (interest only) Fees Establishment Fee (1.25% - 2%) Legals (Included in Establishment Fee (excluding Govt costs)) Management (Included in interest rates quoted Latest News MFS probe focus on conflict of interest LIQUIDATORS have raised concerns about a potential conflict of interest held by KPMG auditors who worked with funds management group MFS shortly before it collapsed owing $2.4 billion. Liquidators are trying to establish when MFS became insolvent and what happened to the money held in its vast web of subsidiaries. Loans within the group are suspected to total $1 billion. On the third day of examinations into MFS, later known as Octaviar, lawyers for the liquidators of Octaviar Investment Notes and Octaviar Investment Bonds yesterday asked the group's former operating officer, David Kennedy, also a former KPMG insolvency specialist, whether he was aware of any conflict in the use of KPMG as financial auditors...read more Source: Sydney Morning Herald - 15 April 2010 Defiant ABC chief faces court THERE was little contrition from Eddy Groves yesterday as he fronted the Federal Court in Sydney to answer questions about the collapse of ABC Learning. The unemployed Mr Groves still spoke warmly about the business he founded and grew into a global giant before it stumbled in the financial crises and hired people that apparently were not up to scratch. Mr Groves said David Ryan, who became ABC chairman in May 2008, was one of several people who let him down. He said they had an "excellent working relationship...up until the point he lied to me"...read more Source: Sydney Morning Herald - 15 April 2010 Solicitors Bundall 'stable' A GOLD Coast lawyer and a commercial property agent have laid plans to develop a $13.2 million office complex in the horse racing precinct at Bundall. Solicitor Tim Delaney and First National Commercial Gold Coast agent Jamie Bourke are poised to develop the two-building project on land opposite the home straight of the Gold Coast Turf Club track. The duo, operating through Captial Equities (Bundall), set the scene for the development in 2007 after Siblet Investments sold them the 4789sq m property, at 30 Racecourse Drive, for $2.75 million...read more Source: Gold Coast Bulletin - 9 April 2010 Howard close to Surfers site sale DEVELOPER Mark Howard has put a second Surfers Paradise high rise site on the market as a buyer looks set to snare his North Point project after a six-month campaign. It is understood, that negotiations for the beachside North Point property are at an advanced stage and an undisclosed buyer is close to putting pen to paper. It is the first time Mr Howard has offered the other property, occupied by a Red Rooster, for sale...read more Source: Gold Coast Bulletin- 26 March 2010 Services We Offer B2B Capital has the ability to supply short term finance for acquisitions, refinance, development and construction for residential, commercial and industrial properties. We can coordinate and structure finance packages to include the following: - Senior debt - Mezzanine funding - Joint Ventures This additional financial leverage can facilitate: - Mergers and acquisitions financing - An emerging growth opportunity - A management or other leveraged buyout - Corporate debt refinancing - Recapitalization - Commercial property development Interest rates and fees associated with any loan approval will vary according to the type and complexity of the loan. All interest and fees will generally be capitalised within the loan facility.














B2B Capital I PO Box 1399, Milton QLD 4064 I Ph: 1300 728 796