About - Farm & Business Debt Solutions

ABOUT GBAC Farm Debt Solutions

Qualified FCA, CPA, ACIS, FID, MAcc BEcon.
35 years of farm debt negotiation and mediation.
35 years of breeding sheep and cattle.

We were the first ..

first

The first to help farmers in trouble with debt as soon as banking was deregulated in 1987.

We know farming

knowledge and experience

Greg Bloomfield is a 4th Generation farmer who has bred his own sheep and cattle on substantial farms in NSW. In his professional chartered accountancy career, he has worked for such organizations as Australian agricultural company, King Ranch, Norwest Development with its cattle stations and meat works and for many family farms. He knew Richard Amery the NSW minister who introduced farm debt mediation. He has read extensively on the cattle king Sir Sydney Kidman and the exploits of the Durack family. We are committed to helping farmers in every state and territory of Australia to receive fair treatment from their banks

Our past record

results

Over the years we have consulted farmers in every state and territory and in most cases arranged for the bank to write off a portion of the debts and sometimes refinance the balance elsewhere.

We have had a 100% of debts written off and as much as $5 million written of a debt.
We have stopped numerous foreclosures and forced sales.

INDEPENDENT

independent

Whilst assistance from authorities and counsellors who are funded by banks might be appropriate, they obviously will choose the banks side, so they are not appropriate for serious negotiations with the bank.

PRIVACY

As we are based well away from your local town or city, there is no chance of your private matters becoming a matter of public knowledge locally.

Loan APPLICATIONS

Clients

Debt negotiations

Years of experience

WHAT PEOPLE SAY

Thank you for all your help and support during this very trying time for us, we could not be happier with the outcome.

We thank our lucky stars that we found you via Google - it was a gamble for us but it certainly worked.

We are certain that we will come across people needing your services and will of course refer them.

Silvia and Angus 2020

Good morning Greg

Richard and I were so very fortunate to have found you on the Website. Our family had four weeks to leave our farm and everything we owned. From day one of our email communications we knew you were thorough. You stood up to our bank .....You picked us up during our lowest points and depths of despair.... You felt how we felt through the whole six months....Your strength in your writing and reporting allowed us to ‘BEAT THE BANK’… and we’ve never met you in person. Sincerely thank you for the work that you did, and the tools you gave us to move positively forward in life. We will be indebted to you until the day Rick and I retire.

Joan WA Wheat belt

Thanks for your recent assistance in taking on the banks and successfully negotiating a very positive result for my client. Without your specialist knowledge on bank debts and your skills at research and negotiation, our clients would have undoubtedly lost their home and their business. We were all impressed to have won the showdown with the bank and its high-powered lawyers. How nice to see the bank write off in excess of $400,000 and the home saved. Our clients are most grateful. Thank you again.

Robert CPA Sydney NSW

Thanks to GBAC helping us successfully fight off the bank and avoid certain bankruptcy we are now home owners once again. GBAC are the ultimate professionals in their field and truly care for their clients. We will be forever in their debt and would most definitely recommend their services to anyone facing challenges with their bank.

Bernadette and Tim

Hi Greg,

Thank you for your email. Everything seems to be working well with our new bank. Thank you

Rob. QLD

Thanks Greg - It was such a great turn around you helped us achieve for Mum and Dad.

Melissa Western NSW

Hi Greg,

Good to hear from u. U certainly did the (insurance recovery) jobs 4us.

Roberto VIC

Dear Greg

Thank you so much ......I can't begin to express how grateful we are to you...I still can't believe it after 7 years before finding you. Thank you again

Erica Melbourne VIC

We really do appreciate your efforts in getting a fair outcome from the Bank.

Sally, John & Peter, QLD