Recently we have noticed an increasing number of business owners either entering ATO Payment Plans or considered it in consultation with their accountants. It could be coincidental; however, it would not be too far- fetched to assume it is in part due to the current…
I was delighted and honoured last week to be invited to join the board of CAFBA, (the Commercial and Asset Finance Brokers Association of Australia). CAFBA is the peak professional body that represents Commercial and Asset Finance Brokers across Australia.
The recent Scottish Pacific SME Growth Index Survey suggested an increasing number of small businesses in Australia are facing a cashflow crisis.
The fear of many Bankers is that once a Broker is involved, it potentially places the business at risk each time the facilities come due for review. That each review the Broker will “shop the deal around”! However, such an approach only serves to undermine…
When arranging finance for the fitout of your business premises there are several Fitout Finance traps to avoid. Fitout Finance is complex and specialised. It is easy to make expensive mistakes, or if the Financier is not experienced in the field, waste an enormous amount…
I love assisting my clients with their business premises fitout. There is nothing better than seeing a well thought-out and planned fitout come together! However, business premises fitouts are far from straightforward. A lot can go wrong if not approached the right way! A dream…
I was recently involved with arranging finance for a client who was buying a home that is "subject to lease". That is; the property had tenants and the lease still had some 6 months to run.
During the Banking Royal Commission there was a heavy focus given to the Banks' use of the Household Expenditure Measure when assessing Home Finance applications. Some Lenders were criticised for over-reliance on the tool, rather than undertaking analysis of an applicant’s monthly expenditure.
If you use your motor vehicle primarily for business purposes and are thinking about changing or upgrading, download our free eBook - The Motor Vehicle Finance Handbook. For some people a motor vehicle is just a practical tool, for others it is a reward or…
A Home Loan Pre-Approval is a “Conditional Approval” or “Approval in Principle”. It is an indication by a Lender that, subject to certain conditions being satisfied, and based on the information provided, they will extend finance up to a particular level and on what terms.…