Hermes First Mortgage Plus Funding
First mortgage funding when pricing matters but the right solution matters more.
Product Features
- Interest-only or capitalised interest options available
- Terms up to 3 years
- Borrowers must be trading businesses (no developers or property investors)
- LVRs up to 80% on residential property and 70% on commercial (subject to location)
- Streamlined low doc application process
Optional Bolt-Ons
- Top-up funding via amortising term loans secured against existing plant and equipment
- Revolving trade lines to support working capital and supplier payments
- Confidential invoice finance to unlock cashflow from debtors without impacting customer relationships
Who is it for?
- Brokers with clients who don’t fit bank credit boxes
- SMEs and trading businesses requiring property-backed funding
- Complex deals where structure matters as much as pricing
- Clients needing both secured lending and working capital support
- Borrowers in turnaround, transitional or time-sensitive situations
- Scenarios where certainty of settlement is critical
How it works
- Hermes originates and structures the first mortgage facility
- Funding is provided via an institutional warehouse, ensuring consistent liquidity
- Hermes applies credit judgment to shape the deal and get it approved
- Where required, Hermes can layer in additional funding from its own balance sheet (e.g. trade lines, working capital)
- Transactions are managed end-to-end by experienced decision-makers through to settlement
What is it?
A private first mortgage solution funded through an institutional warehouse and enhanced by Hermes’ credit expertise.
It combines the scale, consistency and liquidity of institutional funding with Hermes’ ability to structure and execute complex deals. The result is a credit-enhanced mortgage that delivers certainty of funding, depth of structure and reliable execution — particularly in situations where traditional lenders fall short.
Security & Collateral
- First mortgage over Australian real property
- Residential, commercial and selected land assets considered
- LVRs aligned with institutional warehouse parameters
- Personal guarantees typically required
- Additional security may be incorporated depending on structure
- Plant and equipment and debtors are considered for bolt-on solutions.
Why choose this solution
- Certainty – institutional funding provides reliable execution and settlement outcomes
- Structure – deep credit expertise ensures complex deals are structured properly
- Execution – direct access to experienced decision-makers who stay involved throughout
- Flexibility – ability to combine mortgage funding with additional Hermes capital solutions
- Commercial approach – focused on getting deals done, not just assessing them
- Competitive pricing – strong enough to keep you in the deal while delivering a better overall outcome
Case Study – Food manufacturing business supplying major retail and wholesale customers
Scenario:
The client required an urgent refinance of an existing $3.0M first mortgage nearing maturity. In addition, the business needed $500K to acquire new production equipment to fulfil growing orders, along with $500K in working capital to support inventory purchases and ongoing operations.
Traditional lenders were unable to accommodate the full requirement — particularly the combination of refinance, capex funding and working capital support within a single transaction.
Solution:
Hermes structured a Hermes Warehoused First Mortgage Facility to refinance the existing $3.0M loan, secured against the business owner’s property.
To support the broader funding requirement:
- A $500K amortising term loan was provided against newly acquired plant and equipment
- A $500K revolving working capital facility was established, tailored to the business’ cashflow cycle
Outcome:
The client achieved a full refinance with no disruption to operations, secured funding for critical equipment to support growth, and gained access to flexible working capital to manage ongoing cashflow needs.
The broker delivered a complete funding solution — not just a refinance — strengthening the client relationship and enabling future growth.
Key takeaway:
A structured, credit-enhanced solution combining institutional mortgage funding with Hermes’ balance sheet delivered an outcome traditional lenders could not — on time and with certainty.
Why choose Hermes?
Expertise in special situations funding
We understand the unique challenges SMEs face when cash flow is under pressure.
Commercial approach to credit
As a managed fund with a unique capital structure of its own, Hermes is not constrained in the way banks and other credit providers are, allowing a pragmatic approach to structuring and approving credit facilities.
Speed and flexibility
– with a lean management structure made up of experts with years of experience, funding solutions can be tailored to your needs, and a term sheet provided within 24 hours.
Tailored funding structures
Customised lending solutions that match business needs.
Flexible exit strategies
Repayment plans aligned with business needs.
Broker-friendly approach
Solutions designed to support brokers and their clients.
Transparent and competitive terms
Fair pricing with no hidden fees.
How to Apply
- Submit an enquiry online or speak to a Hermes Capital specialist at (02) 9690 0611 or email admin@hermescapital.com.au.
- Provide asset details and business financials.
- Get approved and receive funding in as little as 48 hours.