Here and Now

Grand Reef in Dee Why was one of the first buildings to borrow from us – we were delighted to be able to help them through a very difficult period for such excellent results.

Here is their story:

CHEAPER – the hidden costs of the alternatives

It's a surprising (and to some, shocking) fact that Sinking Funds actually cost you money. This is due to inflation, increased scope of works, tax on returns and most importantly, the loss of cash that you could use much better elsewhere.

Special Levies, on the other hand are painful. You suddenly have to find a really big lump sum of money, which you may not have available. Either way, that money could be far more profitable in some other investment.

By comparison, borrowing from Lannock is cheaper in three out of four cases. A major reason for this is because Lannock gives you the freedom to get the works done now - optimising the timing and extent of the project, while simultaneously reducing the costs that come with waiting or staging works.

Also, you only pay for what you use, when you use it - so you can budget your repayments in an orderly, financially efficient way.

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