Hospitality · NSW
A$400k-500k doca funding arranged, settled in 3 weeks
Overview
A hospitality client was going through a Deed of Company Arrangement (DOCA), a binding agreement between a company and its creditors that can allow the business to keep operating while its debts are dealt with. Finstead arranged a secured facility to help the client work through it.
What Finstead arranged
Arranged a secured facility to help a client work through a DOCA.
Deal at a glance
- Industry
- Hospitality
- Location
- NSW
- Facility
- DOCA funding
- Amount band
- A$400k-500k
- Time to settle
- 3 weeks
An anonymised example of a settled deal. Amounts are shown as a band and details are summarised so no client can be identified. Past results do not guarantee future outcomes. Finstead arranges finance and does not lend.