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Render Solutions company director Brendon Frost said his business had lost about $10,000 through Watersun. "Home owners that are halfway through construction will be affected heavily," he said. Superior Concrete and Construction director NathanTresizesaid he knew of Watersun houses throughout Bendigo that were yet to be completed. He felt for the families that had invested their hopes, dreams and savings in those properties. "Where does it leave those people?" he said. MrTresizesaid he had been doing work for Watersun for about two years partly with his previous employer, recently as the owner of his own business. "They have always been slow payers," he said. However, he figured a company that was financially stable enough to sponsor the St Kilda Football Club, was worth working for. MrTresizesaid he provided concreting and cleaning services for Watersun. "I'm still owed money from September last year," he said, though the business provided some payments earlier this year. MrTresizesaid he was owed about $17,000 in total. "That'llhurt us, as a small family business, considerably," he said. "It'll take me a long time to trade out of that." But it could have been worse. MrTresizesaid he was scheduled to complete at least six jobs for Watersun in March, which would have blown his losses out to more than $60,000. Watersun Homes has branches in Queensland and NSW, but they have not been affected by the company's decision to enter its Victorian branch into voluntary administration. In 2014, the company signed a three-year deal to sponsor AFL coach Alan Richardson, although the company logo wasn't featured on the St Kilda Football Club coach's shirt during the 2016 season. The first creditors meeting will be held on Friday, March 10, at 10am. Creditors can obtain details of the meeting by contacting the Rodgers Reidy Melbourne office on (03) 9670 8700.