Finexia Childcare Income Fund
Partner with highly experienced and successful childcare operators to open and trade-up new childcare centres around Australia.
This opportunity is structured to offer Investors indirect exposure to the childcare industry within Australia. The investment relates to the provision of secured credit (loans) for established childcare operators to purchase new leasehold centres or as key money to set up new centres and trade up to full operation and occupancy.
Freehold childcare operators and owners will be considered should it meet the investment manager’s investment criteria. Existing multi-site operators are targeted as potential Borrowers, providing supporting capital income through the start-up and trade-up phases of the new centre.
The Fund is structured to offer exposure to the childcare industry and as such the investment outcomes, including the rate of return, duration of investment and capital security of funds invested are highly exposed to this sector of the Australian economy.
The Fund is targeting a return of up to 5.65% per annum (net of fees) above the RBA Cash Rate. Income is distributed to investors monthly in arrears in the form of cash or reinvested as additional Units (at each investor’s election). Distributions are paid to your nominated Australian bank account.
To offer indirect exposure to the childcare industry by investing in secured commercial loan facilities provided to skilled experienced childcare centre operators.
The loans provided by the Fund will principally be used by the borrower (childcare centre operator) to purchase or establish childcare centres throughout Australia.
Freehold childcare centre loans will be considered should they meet the criteria.
Each Loan provided to childcare centre operators will be assessed on its merits and generally be in line with the following parameters & criteria:
- Client will have experience in start-up of childcare centres previously and generally have opened and / or operated a minimum of 5 centres previously.
- Client will have a minimum of 5 years’ experience in the childcare industry specifically in centre opening an operation.
- Client will have multiple centres to support income (Min. 3 operating centres).
- Client will have sufficient balance sheet to support the Loan.
- Client will have a solid existing banking relationship and support for takeout residual finance on trade up (or ability to cover shortfall as appropriate).
- Centre will have strong demographics to support trade up with sustainable occupancy greater than 80%.
- Centre will generally have a minimum of 60 licensed places upon opening, unless the funded centre forms part of a wider portfolio where a small centre will be considered.
- Client will have a clear exit strategy for any loan which will generally include refinance, sale of the business or clearance from proceeds of sale of other assets.
Finexia Financial Group Ltd is an ASX listed specialist private credit provider with an extensive capability in Funds and Asset Management. Finexia is committed to servicing the needs of individuals, institutions, and corporates through its three business divisions:
- Private Credit
- Asset Management and Funds Management
- Advisory and Licensing
Listed on the ASX in 2015, the firm is built on disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. We offer a comprehensive range of private credit, equity capital markets and asset management solutions, tailored to meet each client’s investment objectives.
Finexia provides our investors with the opportunity to access the knowledge, experience and investment process of a portfolio management team with a track record of delivering superior long-term outperformance.
Neil is the Managing Director of Finexia Financial Group (ASX code: FNX).
Neil has been in his current role for the past 8 years. He was instrumental in Finexia listing on the Australia Securities Exchange (ASX) in 2015.
Neil has over 25 years’ experience in the financial service sector focused mostly on the equity capital markets, raising capital and trading equities and derivatives in Australia and Hong Kong.
Pat is a Director of Finexia Securities and is an experienced Corporate Finance executive, having lead Corporate Banking teams for a ‘Big 4‘ Bank for over 10 years with over 20 years in Financial Services.
Prior to this, he served as a Submariner in the Australian Navy.
With this level of experience and exposure, Pat has a very broad range of expertise in most industries and financing scenarios and has an outstanding record of championing and completing complex transactions”). He has a particular passion for all types of property finance; development, investment and tourism, the sectors that support our ageing population and assisting clients to achieve their growth aspirations.
Pat holds a Master of Business Administration from Monash University and an Undergraduate degree in Business.
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Published by Finexia Securities Limited
Published by Finexia Securities Limited
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