Balanced Securities Limited is a public company and conforms to the necessary high financial and prudential standards. Audited financial accounts are required to be provided to the Trustee as well as the regulatory supervisor ASIC through regular financial reporting and confirmation of solvency.

Balanced Securities Limited has complied with the requirements of the Financial Services Reform Act 2001 and been granted an AFS Licence No. 241382 which allows the Company to deal in, issue, apply for, acquire, vary or dispose of a single product fixed rate investment security and provide general financial product advice. As we have not taken into account the applicants’ personal investment objectives, financial situation or particular needs applicants should consider the appropriateness of the investment having regard to their objectives, financial situation and needs. The Company recommends that you get professional advice from (as necessary), a licenced financial adviser and/or tax adviser to determine your individual investment objectives before making an investment decision. The Prospectus is not a statement of advice.

People

Each of the directors Anthony May and Leon Gorr are senior partners in the law firms Herbert Geer and HWL Ebsworth respectively with David Geer having since retired from the law firm Herbert Geer to enable him to devote his time to the operations and legal requirements and is now a sole practitioner in the legal firm David Geer Lawyer. Each of the directors has been in practice for over 30 years. During that time they have been primarily involved in the business of mortgage lending and funds management and other commercial ventures.

The executive management team are Trevor Wilson, David Williams, Steve Hodges and Carolyn Long who each have in excess of 20 years experience in the property mortgage and funds management field with major banks. The directors and senior executives take an active role in the day to day operations and approval process and the ongoing loan management process.

Key contacts include:

• David Geer, Managing Director
• Trevor Wilson, General Manager
• David Williams, Compliance Manager
• Steve Hodges, Senior Credit Manager
• Carolyn Long, Senior Manager Credit Reporting

History

Balanced Securities Limited was registered on 26 August 1998 as an unlisted public company and commenced trading with the issue of its paid up capital on 24 December 1999.

The Company has for many years successfully operated and conducted its business as a lender to the real estate property sector throughout Australia.

The Company funds its lending activities through the issue of unsecured notes for terms varying from 6 months to 5 years .

The Company provides the investors with the added security of a charge to the Trustee over the mortgages and other assets of the Company and is subject to the special regulation of publicly offered unsecured notes under the Corporations Act.

The success of the operation has been the timely payment of interest when due and the repayment of principal when withdrawn by investors with no ‘down time’ between mortgage loans.

The funds raised by the issue of unsecured notes are secured by mortgages over real estate assets and surplus cash retained by the Company. These real estate assets are well diversified throughout Australlia in all classifications and categories of property including residential, retail, rural, industrial and commercial.

The performance of the real estate mortgage portfolio is closely monitored by the directors and executive management team who between them have a combined experience in excess of 100 years in the property mortgage and funds management field.

Our Approach

Balanced Securities Limited prides itself on the personal approach that is offered to all investors and borrowers.

Balanced Securities Limited has as its objective the provision to its investors of consistent and above returns supported by mortgage security over real estate assets and the surplus cash retained by the Company plus continuity and timeliness of principal and interest payments.

Balanced Securities Limited has as its philosophy, to work directly with its real estate borrowers or their introducers to determine and provide the best outcome in terms of loan structure and built in flexibility to meet their specific needs.

top