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Falcon swoops on WA
mining scene
Specialist financier Falcon Group has Steven Webb From an equity perspective, compa-
landed in Western Australia at the nies with the ability to generate favour-
right time. able long-term returns are always popu-
lar with investors, as are companies with
Two of the State’s staple commodities strong off-takers.
– iron ore and gold – are performing ex-
ceptionally well and driving positive senti- “We don’t think that is any different to
ment in the resources sector, and Falcon any other sector,†Webb said.
is looking to capitalise on the prevailing
opportunities. “From a Falcon perspective, similar to
bankers, we like to make sure we have
“Falcon has very progressive aspira- a diversified client base. We like to think
tions for Australia and WA, in particular,†that the companies we support are vi-
Falcon’s Perth-based business develop- able in the market now and also if there
ment director Steven Webb told Paydirt. is a negative track in commodity prices.
From Falcon’s perspective, we would
“Certainly the discussions I had when look to support our existing clients and
I joined was that if we can drive the busi- perhaps target clients that could get ac-
ness and increase our number of clients, cess to capital outside of traditional bank
Falcon was only going to go one way and lines.â€
that was a very clear company mandate.
While banks are looking at their own – Mark Andrews
structures and their footprint, this is a
great opportunity for alternative finance Since opening its Sydney office, Falcon
to grow and claim a share of that client
base.†has completed deals ranging from $US1
Following the successful venture of million to $US20
establishing an office in Sydney in 2015,
Falcon opened its Perth office late last million for ASX-list- DR SUNIL
year, with a particular emphasis on serv- ed companies and
ing the mining and mining services sec- private entities, with INTERNATIONAL DENTAL CENTER
tor. its clients’ combined
www.drsunildental.com
Webb, a former Deutsche Bank direc- turnover totalling
tor of corporate banking coverage, heads
Falcon’s Perth office and is focused on about $US3 billion.
increasing liquidity available to mid-mar-
ket clients in WA. “Falcon sees a lot
Webb has an eye on opportunities in of opportunity here
South Australia and Northern Territory,
however, it is the WA mining and servic- in Australia,†Webb
es sector where Falcon is thriving.
said.
“A lot of the junior players are looking at
investing and that feeds through. Where “We saw a big op-
you have the larger companies, you have
the service providers that support them portunity in the re-
and the businesses that support those
businesses. From my perspective, there source space given
is positive momentum,†Webb said.
that banks are start- FOR IMMEDIATE APPOINTMENT CALL
“So far, we are very pleased with the ing to see the need
interest Falcon is getting from the mar- to rationalise the + (668)-1648-5780
ket.†number of clients or + (662)-314-6238
Falcon specialises in providing innova- rationalise the sup- info@drsunildental.com
tive structured solutions and goes for a
diverse range of companies worldwide, port they provide.
developing bespoke financing, supply
chain and working capital solutions. That creates an Crowns: 10000-18000 THB 382-688 AUD
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In the past four years, Falcon has pro-
vided $US8 billion in funding for its cli- non-bank financi- Veneers: 6000-14000 THB 229-535 AUD
ents from bases in the Middle East, Asia, ers, like Falcon.â€
Europe, Australia and New Zealand.
Webb said from Implants: 60000-75000 THB 2294-2867 AUD
discussions with its
resources-focused ** Currency quoted in AUD is subject to currency exchange rate
clients, it was evi- which fluctuates as per the contemporary rates
dent that positive
We specializes in
sentiment had re- smile makeover/full mouth reconstruction
turned and people
were starting to rec- Email ID: info@drsunildental.com
ognise that now was Phn. No.: + (668)-1648-5780, + (662)-314-6238,
a good time to in- AUS Toll-Free 1-800-500-193, NZ Toll-Free 0800-001010
vest in the industry. Address : Sukhumvith Soi 71, Soi Predee Panomyong 14, Building No.5, Moobaan Pakamas,
Bangkok, Thailand. For BTS : Phrakhanong station (#E8)
AUSTRALIA’S PAYDIRT APRIL 2017 PAGE 13