Borrower Frequently Asked Questions
We are thrilled to announce a major milestone for Payton Capital. HMC Capital, a prominent company listed on the ASX and ranked among the top 200, has acquired 100% of Payton Capital.
HMC Capital is a leading alternative asset manager with a strong reputation in real estate, private equity, digital infrastructure, and energy transition, managing $13 billion in assets for institutional and high-net-worth investors.
Our borrowers are our priority, and we have prepared a series of frequently asked questions for your convenience. If you have any additional queries, please reach out to your Payton Capital Relationship Manager or contact us directly.
The sale of the business to HMC Capital will enable Payton to accelerate growth and take advantage of the favourable long term investment fundamentals in Australia real estate credit. The 100% acquisition of the business demonstrates HMC Capital’s high conviction in Payton’s platform and people which will form part of HMC’s broader private credit platform.
As part of a leading Australian Stock Exchange listed company, Payton will benefit from a significantly improved market profile, access to broader pools of capital and greater ability to retain and hire market leading people.
Payton Capital’s continued objective is to be Australia’s leading real estate credit manager.
HMC Capital, a top 200 ASX listed company, has acquired 100% of Payton Capital.
HMC Capital is a leading alternative asset manager, specialising in real estate, private equity, energy transition, digital infrastructure and private credit. HMC Capital, manages over $12bn in assets on behalf of institutional and high net worth investors.
HMC is focused on high conviction strategies and the acquisition of Payton is consistent with HMC’s strategy to establish a private credit platform with a broad-based focus and capability.
David Payton has spent considerable time with the HMC Capital business and their team throughout the transaction process, focusing on both their culture and values, to ensure a close alignment.
HMC Capital is committed to ensuring a seamless transition post the integration of Payton with HMC’s existing platform. HMC’s focus is on growing the platform and supporting Payton’s current management team.
No. Your existing loan terms and agreements will remain unchanged. Payton Capital are committed to continuing to work with you to manage your loan and partner with you for future projects.
No. There will be no disruptions to the processing of loan applications and approvals under the new ownership. Payton Capital will maintain the same processes and relationship management service as we always have.
No. There are no planned changes to interest rates or fees for existing loans. The terms of your loan will be maintained for the duration of your borrowing term.
You will continue to receive the same level of communication and support for your ongoing projects. Payton Capital are committed to providing the same level of premium service to our clients and continuing to create and foster our relationships with you.
The loan disbursement process, loan repayment schedule and timeline will all remain the same for your projects. Payton Capital will continue with its current operating rhythm in managing your lending requirements.
There will be no impact on the availability of financing options for your upcoming developments. The Payton Capital team will be available to work with you on your future projects and look forward to partnering with you moving forward.
There are no planned changes to the eligibility criteria for new loan applications. The same process for all new loan applications will remain and the Payton Capital team will continue to partner with you for your future projects.
The acquisition does not impact Payton Capital’s management and relationships with our borrowers. We plan to continue to partner with our borrowers and manage their projects in the same way we have in the past.
The transaction with HMC Capital significantly improves Payton’s financial position and access to capital. HMC is an ASX 200 company with over $12bn of assets under management and over $1bn of balance sheet liquidity.
The acquisition is not expected to impact the company’s market position. Payton Capital is committed to maintaining our position as a leading provider of mid-market lending and will continue to focus on partnering with borrowers.
With a parent of the calibre and financial strength of HMC Capital, we will see greater investment into our platform, including the company’s technology infrastructure and systems. We will enhance functionality within our Client Portal, for example.
Payton remains well positioned to execute its growth strategy under the ownership of HMC. In fact, as part of a larger platform with broader capability and improved access to capital, we believe Payton can take advantage of more opportunities to accelerate its growth.
The Foundation stands as a cornerstone of our business, a source of pride, and holds significant value for many of our stakeholders. As such, it remains a vital aspect of our operations, and we are committed to upholding its legacy. The transaction has been carefully structured to safeguard the Foundation’s integrity, ensuring its continued impact through amplified support and heightened influence.
There are no planned changes to Payton Capital’s premium client service and support processes. The same Payton Capital team will be working with you to provide lending products to you and to assist in managing your projects. Jeremy Townend, Head of Lending, will continue in his current role and will be available to all borrowers for further discussion. Additionally, Grant Murphy will remain in his role as State Director, Queensland, and NSW. Jeremy and Grant will continue to be supported by their dedicated borrower services team.
For more information on HMC Capital, visit their website or contact us.
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