Understanding self employed loans
FAQ: Low Doc Loans What are Low Doc Loans? Low documentation (low doc) loans are home loans designed for borrowers who cannot provide traditional financial documents, such as full tax returns or payslips. These loans are often used by self-employed individuals, freelancers, and small business owners. How are Low Doc Loans different from Standard Loans? […]
Using cashflow lending
Cash Flow Lending Products: Choosing the Right Option Managing cash flow is essential for keeping your business running smoothly. If you need extra cash to cover shortfalls, cash flow lending can provide funding without requiring a lot of collateral. Here are the different types of cash flow lending products available and how to choose the […]
FAQ Tax Debt Funding
FAQs: Financing Business Tax Debts 1. What are the risks of using the ATO to fund business debt? Using the ATO as a funding source can be risky due to high penalties and interest charges, potential damage to your business credit rating, legal consequences, and cash flow constraints. The ATO’s General Interest Charge (GIC) compounds […]
Tips and tricks; loan applications
Tips & Tricks: How to Improve Your Loan Application Applying for a loan, whether for a home, investment, business, or personal use, requires careful preparation. Banks assess various factors to determine whether you meet their lending criteria. Use these tips and tricks to strengthen your loan application and increase your chances of approval. 1. Ensure […]
Tips and Tricks Farming Finance
Farming Finance: Tips and Tricks for Financial Success 1. Plan Ahead for Financial Stability Create a detailed budget that accounts for seasonal cash flow fluctuations. Set aside an emergency fund to cover unexpected costs such as weather-related damages. Regularly review financial performance and adjust strategies accordingly. 2. Maximise Your Financing Options Explore different loan types, […]
Tips and tricks Mortgage Offset
Tips and Tricks for Maximising Your Mortgage Offset Account 1. Keep Your Savings in Your Offset Account Instead of leaving your savings in a traditional account, transfer them into your offset account to reduce the interest you pay on your mortgage. Every dollar counts! 2. Use Your Offset Account as Your Main Transaction Account By […]
Tips and Tricks Negative Gearing
Negative Gearing: Tips and Tricks Negative gearing is a common investment strategy in Australia, particularly in the property market. It involves borrowing money to invest in an asset where the costs of ownership exceed the income generated. While this strategy can offer tax benefits, it also comes with risks. Here are some key tips and […]
Tips and Tricks; credit rating
Tips and Tricks for Improving Bad Credit in Australia A poor credit rating can create obstacles in securing loans, credit cards, or rental properties. However, Australians with low credit scores can take proactive steps to enhance their financial standing and regain access to better borrowing opportunities. Top Tips for Boosting Your Credit Score 1. Pay […]
Ask us about car loans
Simple Guide to Car Finance in Australia Car finance doesn’t have to be confusing! Whether you’re buying your first car or upgrading, we’re here to help. Let’s break it down into easy steps. 1. Car Finance Options There are different ways to finance your car: Secured Loan: Lower interest rates because the car is used […]
Managing cashflow lending
Tips and Tricks for Cash Flow Lending Managing cash flow is essential for keeping your business running smoothly. If you need extra cash to cover shortfalls, cash flow lending can provide funding without requiring a lot of collateral. Here are some tips and tricks to help you make the most of cash flow lending. Tips […]