Strata

Business banking that’s simple and efficient

Strata Improvement Loans

Cameron McMillan, National Head of Strata

Overview

At Macquarie Bank, we've been helping strata businesses manage their banking and grow their profits for more than 20 years. Your business is unique. We understand that the key to your business growth is efficiency. So we’ve designed a range of tailor-made deposit, transaction and payment services for strata management businesses that can make a real difference to your operations.

"They really understand the strata industry and our business requirements. Macquarie Bank has customised financial solutions for the strata management industry, which has helped us improve our processes and enhance the quality of service we can provide to our clients. They make banking simple 
and a pleasant experience for our clients."

Greg Haywood, BCS

Banking services for your business

Levy collection and reconciliation

We’ve always been one step ahead with ways to improve your business efficiency without the need for extra staff to manage levy administration.

Funding for business and personal needs

At any stage of your business lifecycle, we can lend against your residential or commercial property assets, or even business goodwill to take your business further. Macquarie Property Essentials also provides property loans for a range of personal, business and investment opportunities.

Streamlined payment options

Our payment facilities allow you to manage regular business banking activities via the internet and streamline your banking in one place. In addition, you can make multiple BPAY® payments from multiple accounts to participating billers. We’ve got the tools to accept payments and make managing daily cash flow easier.

Dedicated Macquarie Relationship Manager

We take business banking to a new level of personal service, with a dedicated Macquarie Relationship Manager who really understands your business needs. They will make sure your transition is straightforward, with fast account opening and ongoing training and support for you and your clients.

Four steps to better business banking

  1. Meet your team. Your Macquarie Relationship Manager and transition team will help you get the process started. 
  2. Let your clients know. We’ll supply template letters and brochures, so they can set up their new payment options quickly and easily. 
  3. Training for your staff. The Macquarie transition team can provide on-site training for your staff, so they can start using the Macquarie DEFT Payments System and online banking straight away.
  4. Ongoing support. Your Relationship Manager and transition team will respond to any queries by phone or email, whenever you need them.

 

We provide the tools, support, knowledge and guidance to help your business succeed. It’s all part of the Macquarie difference. So switch to the business bank that can give you a competitive edge.

To find out more, call Macquarie.*

Read the Product Disclosure Statement dated 29 August 2011.

Strata improvement loans

Enhance and protect the value of your clients’ property

Sometimes, repairs and maintenance of your clients’ strata property just can’t wait. Macquarie Relationship Banking provides finance to fund mechanical, aesthetic, and structural improvements to clients’ strata property+ - which means they don’t need to solely rely on raising special levies upfront or accumulating additional monies in the sinking fund.

Read more > Strata improvement loans

Property backed lending

Macquarie Property Essentials

If you’re looking beyond business growth, Macquarie Property Essentials is a range of property loans that lets you take advantage of all types of personal, investment or business opportunities.

 

Managing payments

Spend more time on your business and less time on administration.

Macquarie DEFT Payments System - managing your receivables

Offer your lot owners the fastest and most convenient strata levy payment options available.

Macquarie DEFT Payments System ensures levy collection and reconciliation is simple and cost-effective for strata management companies of all sizes. No matter how many strata plan accounts you manage, your payments are automatically reconciled into your strata management software system.^

Payment options for lot owners

  • Online by credit card or direct debit through www.deft.com
  • Phone payments by credit card or Direct Debit
  • BPAY®
  • Cash, Cheque and EFTPOS at Australia Post branches
  • Cheque by mail.

 "Doing it all electronically saves time. DEFT has saved us six to eight hours a week. The range of business services is better than any other bank."

Jake Kneebone, Strata Company Manager, Exclusive Strata Management

View Levy brochure here.

Macquarie Batch Payments - managing your payables

We have created a tailored BPAY payment solution for the strata industry to help you manage a high volume of bill payments. Make multiple payments using BPAY from multiple accounts to participating billers and automatically manage the reconciliation of payments all from your strata management software.

Payments that have been historically made by cheque to utility billers can now be made electronically at the click of a button, reducing costly cheque processing and administration costs and reducing the potential for cheque fraud.

Active Banking

Active Banking is our online banking system. View and control all your payments in one place, with all the features you need including:

  • EFT (Electronic Funds Transfer) payments 
  • Group payments 
  • Future-dated single payments 
  • Recurring payments 
  • Batch payments using BPAY®
  • Integrated automatic transaction receipting and bank reconciliation in your strata management system
  • Access to online transaction archives for seven years.

Macquarie Merchant Services

If you need to receive payments by credit card, charge card or debit card, we have a secure EFTPOS service that can be installed in the office or used on the road. It’s a cost-effective way to give your unit owners more flexibility with their payments.

To find out more, call Macquarie.*^

Read the Product Disclosure Statement dated 29 August 2011.

Software integration

Streamlined business banking

We’ve designed our online banking system to work with most leading strata management software. So you’ll automatically see all transactions in your management systems, and you can access immediate and accurate reports for your body corporate and property owners.

When you open your business account with us, our expert team will manage your software integration with your provider. We’ll also provide any training and assistance you need, including communication advice to your clients and suppliers and ongoing support.

Your Macquarie relationship manager is your dedicated point of contact for all day-to-day enquiries. You’ll find their accessibility and prompt responsiveness quite refreshing. 

"The key thing that made me switch to Macquarie was their knowledge of the strata industry and integration with software providers. Most Strata businesses I know are banking with Macquarie and now I know why." 

Mike Pollard, VJ RAY

To find out more, call Macquarie.^

Strata insights

Industry benchmarking

Best practice benchmarking can be a powerful tool to help gauge your business performance against your peers and plan for the future. Our report provides insights into how the high performing strata businesses are achieving success. What can you leverage for your own growth and profitability?

Macquarie Relationship Banking is proud to support: 

To find out more, call Macquarie.