Business, Equipment & Home Finance for SMEs
Private sales typically involve direct interactions between individuals rather than businesses. These transactions can include the sale of used items, vehicles, equipment, yellow goods and more. Advantages Cost Savings: Private sales often avoid additional costs associated with buying from businesses, such as markups, taxes, and fees. Personal Touch: Buyers and sellers can communicate directly, fostering [...]
In the ever-evolving landscape of modern business, the pursuit of growth and innovation is a constant endeavour. While the concept of acquiring new assets to drive business expansion is not new, the methods by which businesses achieve this have evolved significantly. Enter asset finance – a strategic tool that has emerged as a cornerstone of [...]
Invoice Financing is an increasingly popular way for business owners to fund daily operations and growth. There are many Lenders in the market who provide Invoice Financing. Why Invoice Financing is needed When you allow customers time to pay, vital cash flow is locked up in outstanding debtors. While it may look great on a [...]
Business finance has changed significantly over the past decade. There is now a wider range of Specialist Lenders who provide finance solutions to business owners. The following are 5 types of business loans that don't need property security: Unsecured Business Loan Cash Flow Finance Invoice Finance Equipment Finance Trade Finance I have outlined the key [...]
Many businesses and homeowners are asking the question, "should I refinance to get a better deal"? (This is not surprising given the recent rapid rate increases with the prospect of more to come). According to the Australian Bureau of Statistics, "the value of borrower refinancing of owner-occupier housing loan commitments between lenders rose 9.7 per [...]
A question I am often asked by clients is “What is the difference between Invoice Finance and Factoring”. While both invoice a Lender advancing funds against your debtors, how they work, and their cost is quite different. Of the two, Invoicing Finance is the most popular and is increasingly being used by businesses in Australia [...]
Commercial Property has traditionally proven a sound investment for investors in Australia for over a long period. However, while things appeared relatively positive in the last quarter of 2021, a lot has changed since then. According to the ANZ-Property Council Survey released in July 2022, uncertainty regarding the economy, rising interest rates and concerns about [...]
Have you ever considered how much better your cash flow would be if everyone paid what they owed you? One option that is often overlooked is Invoice Financing. Invoice Finance is ideal for businesses with a quality debtor book looking for a way to finance growth. It is ideal for businesses with a quality debtor [...]
Real time accounting offers many benefits for business owners! It is something we implemented at The 500 Group and advocate to our clients. From a business perspective, real time accounting: Puts you in control Provides “real time” financial information to help you make more informed business decisions Saves time and significantly improves productivity When it [...]
A fixed interest rate protects borrowers against potential rate increases for the term the rate is fixed. This can make budgeting easier and provide greater peace of mind. However, if you want to pay off the loan early, you will incur break costs! This cost can be significant, especially if you still have a long [...]
