THE BUSINESS

New Capital Finance No. 1 Pty Ltd trading as New Capital Finance is a non-bank provider of short term mortgage loans. All mortgage loans are used for “business and or investment purposes”. New Capital Finance will provide funding for both residential and commercial property.

New Capital Finance No. 1 Pty Ltd has been provided with a substantial funding line by RMB Australia Holdings Ltd . RMB is a wholly owned subsidiary of South African listed financial services group the FirstRand Group . The FirstRand Group is the largest listed Financial services group listed on the Johannesburg Securities Exchange.

KEY STAFF

Richard Pyke-Nott– Managing Director
Richard has thirteen years experience in the Financial Services and Bridging Finance Industry. Richard has proven his ability and skills in business planning and development, resource management and profit generation.

From September 2000 until present Richard has been the Chief Executive Officer and driving force behind New Capital Finance Pty Ltd and now New Capital Finance No. 1 Pty Ltd, the Gold Coast based bridging finance specialists. He has been responsible for the overall development, control, profitability and ongoing growth of the company.

Richard is a member of the credit committee of New Capital Finance and plays an integral part in the loan approval and selection process.

Prior to establishing New Capital Finance in Australia, Richard along with his wife Carol, jointly developed and controlled New World Finance PTY LTD in South Africa.

New World Finance was established in May 1995. Richard was involved in all business issues affecting the strategic direction and profitability of the business; taking it to levels well above market average by expanding to 40 operational branch outlets nationwide and employing 120 full time and 100 casual staff and generating annual turnover of some R60 million(ZAR) by 2000.

In November 2000, the Company was sold to a French IT Company, listed on the Johannesburg Stock Exchange, After the sale the Pyke-Nott family emigrated to Australia.

Emil Ackerman – Executive Director
Emil has seventeen years Financial services industry experience. He has a B.Com Accounting degree, as well as a post graduate Diploma in Strategic Sales management.

Before immigrating to Australia from South Africa at the end of 2005, Emil held the position of Sales Director with First National Bank Financial Planning and Advisory services based in Johannesburg. A position he held for five years. Prior to this Emil held senior management positions with Standard Bank and Liberty Life in South Africa.

Emil has a very keen understanding of the Sales and distribution process of financial products.

Emil joined New Capital Finance No. 1 Pty Ltd after successfully establishing a wholesale funding facility with RMB Australia Holdings Ltd for New Capital Finance No. 1 Pty Ltd. Emil in conjunction with RMB is responsible for the strategic direction of New Capital Finance No. 1 Pty Ltd.


John Pyke-Nott – Operations Director
John has 13 years experience in the Financial Services and bridging Finance industry, both in Australia, as well as in South Africa.

John was employed by the South African based business (NEW WORLD FINANCE) for the majority of its operation. He held senior operational positions within New World Finance and provided staff support and direction, training and operational control for the Company.

Since the establishment of New Capital Finance, John, has implemented constant Procedures, Policy and system updates to products in order to meet market demands and to minimize risk for Bridging loans.


Michael Brickell – Business Development Manager
Michael has been with NCF since inception and he has vast experience in setting up and facilitating finance proposals and solutions. Michael is a member of the MFAA and holds various accreditations with a number of Financial services providers.

Craig Snyman – Business Development Manager
Craig has been with NCF since inception. One of Craig’s major attributes is his willingness to assist and his passion towards customer satisfaction. Craig has been facilitating Bridging loans for 8 years.

Amanda Lodge – – Loans administration Manager
Amanda has been in the Finance industry for over 20 years, most recently with First Australian Title Insurance Company in Queensland managing their Document Preparation; Settlement and Stamping & Registration teams covering all Australian states. Amanda is responsible for the loans management process of NCF.