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Why Lenders Charge Break Costs

Equipment Finance Break Costs

The fact that the interest rate is fixed is a significant advantage for equipment financing as it protects the borrower against a potential rise in interest rates and provides certainty of future repayments.  However, if you want to pay off the loan early, you will…

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The Right Finance Structure Is Critical For Business

The Right Business Finance Structure

While the cost of finance is important, ensuring you have the right business finance structure is even more critical. When a finance structure is incorrect, it can have serious implications for a business. Business operations can be impaired and relationships with Lenders strained, not to…

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Business Loan Application Declined

Mistakes to Avoid When Taking Out a Business Loan

When applying for a business loan, there are steps you can take to avoid unnecessary delays and frustration. Whilst economists are painting an optimistic outlook for the Australian economy, Lenders are adopting a more cautious approach, seeking detailed information and taking longer to approve borrowings.…

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Is This The Start Of An Economic Recovery

Green Shoots of Recovery?

As Melbourne gradually opens for business, are we starting to see the green shoots of recovery as business owners shift their focus from survival, to rebuild and growth. Whilst many businesses and individuals have been severely impacted by COVID-19, the green shoots of a recovery…

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