Case Study | DFP Secures $120M Refinancing for a Portfolio of NSW Pubs • DF Partners

Background

A leading hospitality operator with a multi-venue pub portfolio across Western Sydney and the North Coast of NSW required a refinancing solution to optimise cash flow, fund venue refurbishments, and support future expansion.
With diverse revenue streams—including food and beverage sales, retail, gaming, and accommodation—the operator needed a tailored commercial finance solution that provided both stability and long-term growth potential in the highly competitive hospitality industry.

The Project

The hospitality operator sought a structured finance package to:

• Refinance existing debt to improve cash flow.
• Fund pub refurbishments to enhance customer experience and boost revenue.
• Support trade-up opportunities for portfolio expansion.
• Ensure financial flexibility to capitalise on future business growth.

The Challenge

Financing hospitality businesses—especially in the pub, hotel, and gaming sector—presents unique challenges due to:

• High capital requirements for property upgrades and regulatory compliance.
• Market fluctuations affecting revenue streams.
• Complex financing structures needed to account for multiple income sources.
• Attracting the right capital partners to invest in a competitive alternative asset class.

DFP's Solution

Development Finance Partners (DFP) leveraged its expertise in hospitality finance and strong network of capital investors to structure a $120M refinancing facility that met the operator’s specific needs.

Key Strategies Implemented

Bespoke Commercial Lending Structure – Designed to refinance debt, fund refurbishments, and support trade-up opportunities.
Cash Flow Optimisation – Ensuring financing aligned with the operator’s seasonal revenue cycles.
Diversified Asset Consideration – Factoring in food, beverage, retail, gaming, and accommodation income to structure the most effective funding model.
Hospitality-Focused Capital Partners – Securing investors eager to finance pub and
hotel assets with strong long-term value.

Results & Benefits

With the $120M pub portfolio refinancing facility successfully secured, the client can now:
Refinance existing debt with a strategic lending structure.
Enhance pub venues through targeted refurbishments.
Improve operational cash flow while maintaining growth momentum.
Leverage multiple income streams for long-term financial resilience.
Expand and scale the hospitality business with a strong financial foundation.

"By partnering with DFP, the operator secured hospitality-focused finance solutions that unlocked significant value while ensuring business stability."

Conclusion

Refinancing and expanding hospitality businesses—particularly pubs, hotels, and gaming venues—requires deep industry knowledge, specialised finance expertise, and access to the right capital partners.
DFP’s ability to deliver a bespoke $120M facility demonstrates the importance of strategic commercial finance solutions in helping operators unlock capital, drive expansion, and maximise profitability.

Client Testimonial

"It’s crucial to find a partner like DFP who can guide you through complex financial situations
and help you secure the best outcome."

Looking for tailored hospitality finance solutions? Talk to our experts & see how we can help your business grow.

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