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Media release: KCL Law advises Merricks Capital on revolving corporate warehouse facility for innovative proptech business

Jul 5, 2019

KCL Law recently advised Merricks Capital — an Australian-based investment manager — on a revolving corporate warehouse facility for an innovative Australian proptech business.

Based in Melbourne, the proptech business is expected to reshape the home seller experience as it takes the stress out of selling a home by guaranteeing a fair price for the vendor.

KCL Law has seen a significant increase recently in non-bank lenders advancing debt facilities to sophisticated corporate borrowers in what was once a market-sector dominated by the banks.

KCL Law was delighted to have assisted the Merricks Capital team and congratulate them on closing this significant facility.

For more information

For more information, or to arrange an interview, please contact Stuart Giles, Business Development & Marketing Manager, sgiles@kcllaw.com.au or (03) 8600 8822.