Understanding Chattel Mortgages: Benefits and Key InsightsFAQ Car Finance
Frequently Asked Questions: Car Finance Options in Australia As a finance broker, I often receive questions about car finance options in Australia. Whether you’re buying your first car, upgrading to a new vehicle, or looking for a cost-effective financing solution, understanding your options is crucial. Below are answers to some of the most common questions […]
Why LMI won’t protect you
Frequently Asked Questions (FAQ) about Lenders Mortgage Insurance (LMI) 1. What is Lenders Mortgage Insurance (LMI)? Lenders Mortgage Insurance (LMI) is a one-off insurance premium that protects the lender—not the borrower—in case the borrower defaults on their home loan repayments. It is typically required when a homebuyer has a deposit of less than 20% of […]
How to use invoice finance
How to Use Invoice Finance Step 1: Determine If Invoice Finance is Right for You Invoice finance is best for businesses that: Have unpaid invoices with long payment terms (30-90 days). Need quick access to cash for operations or growth. Have customers with a strong payment history. Step 2: Choose the Right Type of Invoice […]
Want to talk mortgages?
What Can Impact 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 understand what factors can impact your ability to secure a mortgage with the best possible terms. As a mortgage broker, I’ve seen firsthand how various […]
Simple cashflow lending
Cash Flow Lending FAQ Managing cash flow is crucial for businesses to keep running smoothly. Sometimes, businesses need extra cash to cover shortfalls. This FAQ explains cash flow lending options to help businesses get funding without needing a lot of collateral. Frequently Asked Questions 1. What is Cash Flow Lending? Cash flow lending lets businesses […]
What is negative gearing?
Negative Gearing: A Finance Broker’s Perspective Negative gearing is a common investment strategy in Australia, particularly in the property market. It refers to borrowing money to invest in an asset where the costs of owning the asset, including interest on the loan, exceed the income generated by the asset. This creates a financial loss, which […]
Improving bad credit
Improving Bad Credit: A Guide for Australians 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. What Is a Credit Rating? A credit rating, or credit score, […]
Chattel Mortgage
Chattel Mortgage in Australia: A Guide by a Finance Broker Purchasing a vehicle for business use requires careful financial planning, and one of the most effective financing options available to Australian businesses is a chattel mortgage. As a finance broker, I help clients understand the benefits and considerations of this loan structure to ensure they […]
FAQ Low Doc 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 do I verify my income for a Low […]
Tips and Tricks; Equipment Finance
Tips and Tricks for Equipment Finance As a finance broker, I’ve worked with countless businesses looking for ways to acquire essential equipment without straining their cash flow. Equipment finance is a smart solution for many businesses, enabling them to access the tools and machinery they need while preserving working capital. Below are some practical tips […]