"I have known the Principal, Peter Hutchinson now for several years.
In that time, I have been immensely impressed with his acumen and knowledge of Financial Lending, valuing potential developments (sites and propositions to improve), his attention to detail, and his gentle but thorough manner in evaluating these situations to ascertain whether good business decisions are feasible. MCG’s holding of an unblemished AFSL Licence along with Peter’s involvement on the Board of the Bendigo Bank in Mt Eliza, have given him valuable experience which he has been able to capitalise on.
Peter’s dedication to detail with all legal contracts, is his standard philosophy including his principles of fairness and transparency. He also has a great knowledge and an eye for overseeing working drawings and the associated costs involved, having spent many years with his involvement in the building industry.
I am currently invested into only one project so far, and even though it could not have occurred at a more brutal time with uncertainty in the market and dropping property values causing a lengthy delay, and now with the Corona Virus outbreak creating uncertainty going forward, we are still confident of a satisfactory to good outcome, because of MCG’s experience, due diligence and control.
I believe that MCG is now very well positioned, especially after recently restructuring and streamlining its’ operations, cost efficiency and methodology, to rise and be on top of its’ game in the niche market of small to medium financing and development. I believe the small but efficient team at MCG, is now poised to capture the future rise in affordable development business lending which is certainly needed going forward.
I am certainly looking forward to more future opportunities with Master Capital Group as the current economy transitions.
Property News | Building Works Package
“We’ve always said Victoria is the engine room of the nation – with this package, we’re cranking the engine and kickstarting our economy.” (Treasurer Tim Pallas)
The Victorian Government will create the jobs that matter to Victorians with the announcement $2.7 billion towards shovel-ready projects to get thousands of people back to work.
The package will create 3,700 direct jobs for construction workers, painters, plasterers, gardeners, engineers, plumbers, electricians, carpenters, maintenance workers, administration staff and many others along the supply chain.
The package includes funding for:
AFSL licence – When is a Licence required?
In assessing your application, ASIC will consider whether you:
Master Capital Group has met these requirements by:
Meeting the other obligations of an AFS licensee including: