| About Us |
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PCL Money was formed through an alliance between the current directors
and shareholders David Underhill and Martin Anstee in 1989. Both
principals worked in the commercial finance industry in Sydney for a
number of large and boutique banks throughout the seventies and
eighties.
The operation commenced in November of 1989 in the T & G Building in Crown Street, Wollongong. After a short stay they moved to Belmore Street and seven years ago to the current site, on the corner of Keira & Market Streets. In December 1995 they purchased the current site - widely known as the Manchester Unity Building. The building has been refurbished and substantially renovated over the last few years. The business began to provide equipment finance by way of leasing and hire-purchase facilities in August of 1994. At that time the client base expanded rapidly and a year later the company began providing housing loans through an origination agreement with a small bank in Sydney. The company now boasts 11 loyal employees, state of the art information technology infrastructure, large residential, commercial, and equipment finance accounts. PCL Money raises its funds from retained earnings, balance sheet lending, and invesments in superannuation funds, other banks, and insurance companies. |
