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Capability 03 · Refinance & Release

Refinance to release trapped equity.

Restructure existing facilities for improved pricing, increased leverage or release of trapped equity into the next position. We test your existing book against the full lender panel every 6–12 months — sometimes the win is at your current bank, often it isn't.

$320M+
Refinanced
85bp
Median pricing improvement
$48M
Equity released for sponsors
4.5wk
Median time to settlement
Why Evcorp

The same deal, a better outcome.

Sponsors who engage Evcorp before approaching lenders consistently achieve higher approval rates, tighter pricing and better terms. Here is why.

01.

Independent panel benchmark

We re-price your existing facility against the full panel — banks, non-banks, private credit. If your incumbent is still the best, we tell you. If not, the alternative is on the table with terms attached.

02.

Leverage uplift, not just price

Many refis are pricing-only conversations. We also stress-test the LVR — 5–10% leverage uplift on the same asset is a common second win we extract from a competitive process.

03.

Equity release, structured properly

Released equity needs to land in a structure that doesn't cause an income/tax mismatch or breach your next senior facility's covenants. We work alongside your accountant on the receiving structure, not just the source facility.

04.

Quiet exit if needed

If you want to refinance away from a bank without burning the relationship, we manage the conversation. Banks lose deals all the time — done well, it's not a reputational issue.

How it works

From brief to settlement in four steps.

01

Brief

Current facility terms, asset performance, sponsor objectives (price / leverage / equity release / tenor).

02

Benchmark

We test against 4–6 alternative lenders. Quantified outcome inside 5 business days.

03

Mandate

If the win is meaningful, we prepare full credit packs for the preferred 1–2 lenders.

04

Switch

Settle the new facility, retire the old. Typical end-to-end 3–5 weeks for clean files.

What we finance

Built for the deal in front of you.

We refinance income-producing commercial property, development facilities mid-construction, and residual stock facilities at the end of project. The trigger is usually rate roll, covenant breach risk, equity release for the next deal, or the bank simply repricing on rollover.

If you've held a facility on the same terms for more than 24 months without testing the market, the market has almost certainly moved.

Typical structure
Quantum$5M – $300M+
Asset classesCommercial · Industrial · Resi-IP
LVRUp to 70% (IP) / 85% (resid. stock)
Term3 – 7 years (IO common)
PricingBBSY + 1.65% to + 6.50%
Pricing improvementMedian ~85bp
Equity releaseUp to additional 10–15% LVR
FAQs

Frequently Asked Questions — Commercial Refinance

When should I refinance a commercial property loan?
The best time to refinance is before your facility expires — typically 6–12 months before maturity. Refinancing under time pressure at expiry significantly reduces your negotiating position. Evcorp runs market tests at any point in your facility's life to identify whether a better deal exists now, not just at rollover.
Can refinancing increase my LVR or release equity?
Yes. If the property has increased in value since the original finance, refinancing can release trapped equity — either as cash or as increased facility limit — which can be redeployed into the next acquisition or development. Evcorp structures refinances specifically to unlock value, not just roll over the existing balance.
How does Evcorp test the refinance market?
Evcorp runs a simultaneous competitive process across bank and non-bank lenders to establish your current market pricing. We compare the result against your existing facility on rate, LVR, covenants and conditions — and only proceed with a refinance if the economics are clearly better. The test costs you nothing.
Can I refinance a construction loan mid-project?
Yes. Evcorp refinances development facilities mid-construction — typically where the incumbent lender has re-priced, a covenant is under pressure, or additional leverage is needed to complete. The incoming lender takes over the construction facility against the certified work to date and the remaining cost to complete.
Related

Other capabilities.

Acquisitions

Pre-settlement structuring for your next acquisition.

Investment Property Finance

Commercial mortgages for portfolio holders and HNW investors.

Preferred Equity

Release trapped equity into a pref-equity or mezzanine layer.

When did you last test the market?

Send your current facility terms (in confidence). We'll come back with a quantified benchmark inside one week — pricing, leverage and equity-release scenarios.

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