Business, Equipment & Home Finance for SMEs
When borrowing against a business, whilst the financial elements are clearly important, they are only part of the picture! In our last post we outlined the key criteria Banks use when faced with a request to lend against business assets and cashflow. However, meeting the criteria we outlined is just the starting point. For a Bank [...]
A question regularly asked by business owners is what do Banks need to lend against a business? Another common question is – what key criteria do I need to meet so that I can have my home removed from the Banks security arrangements? The answer to this will vary widely depending on: How long the [...]
When importing equipment for your business, it’s important to understand the steps involved, particularly if import finance is required. Import Finance is a solution used to purchase equipment from offshore. For many businesses, importing equipment is a way to maintain a competitive edge and improve productivity. Essentially if the equipment needs to be financed, there [...]
Assessing and managing risk is a crucial part of managing a business, but finance risks are a critical risk that is often overlooked! When I talk about finance risks, I am not talking about affordability, but proactively managing the risks presented by the finance market in general. As finance is such an important part of [...]
Buying a car can be an exciting time, however you can make the process a lot easier and far more enjoyable by using a Car Buying Service. I love the experience of driving a new car, but for many years disliked the process, particularly negotiating the price and trade-ins with car dealers. The problem being [...]
You have found the motor vehicle you want and can’t wait get behind the wheel, now comes the question of car finance! Once we have been through the process of research, test driving and negotiation – it is tempting to quickly arrange the finance, so we can start enjoying your new car! Car Finance and [...]
We are delighted that one of our team, Sharon Piening, features in this month MFAA Prospa Groundbreakers Series Sharon worked for many years in Asset Finance with one of Australia's Banks but two years ago she decided to follow her heart, establish her own business and joined The 500 Group! Since then she has achieved [...]
