Getting equipment finance
Types of Equipment Finance and Their Benefits As a finance broker, I’ve helped many businesses get the equipment they need without draining their cash reserves. Equipment finance is a smart way to get the tools and machinery you need while keeping your working capital intact. Here’s a breakdown of the main types of equipment finance […]
FHSSS and your first home
The First Home Super Saver Scheme (FHSS): A Simple Guide Buying a first home can be tough with rising prices and living costs. To help, the Australian government introduced the First Home Super Saver Scheme (FHSS), allowing first-time buyers to save for a deposit through their superannuation. As a finance broker, I often recommend this […]
Time to speak to Steve about your options
Tips for Improving Your Borrowing Ability Buying a home is one of the most significant financial decisions you’ll make in your lifetime. Before you start house hunting, it’s essential to take proactive steps to improve your ability to secure a mortgage with the best possible terms. As a mortgage broker, I’ve seen firsthand how small […]
Tips and Tricks; Investment Property
Tips & Tricks for Investing in Property in Australia 1. Focus on Location Choose properties in high-demand areas with strong infrastructure, public transport, schools, and amenities. Location significantly impacts capital growth and rental yield. 2. Do Your Research Understand market trends, property values, and economic conditions. Research different suburbs to identify areas with potential growth […]
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 […]