Business Finance

Did you know that brokers do more than mortgages? Options for small business finance are growing with an increasing number of lenders and products on the market, and we can help you make sense of it all. We know that small businesses may need to access finance for a number of reasons whether it be […]

It’s a risky business being in business for yourself, so knowing how to identify and manage risk is an important part of running a thriving business. Anything that impedes a company’s ability to achieve its financial goals is considered a risk, and there are many issues that have the potential to derail a successful business.

Taking out a loan may help provide financing that your business requires, but it can be bad for your business if you get rejected or are unable to make proper repayments. To avoid jeopardising your company’s financial future, make sure that you can actually afford a loan before applying for one. Here’s how you can determine whether your business is financially secure enough for a loan.

Small businesses and start-ups, however, still have difficulty securing loans from reluctant banks as they are seen as high-risk borrowers. But there are ways for small-to-medium enterprise (SME) owners and start-up entrepreneurs to get a much-needed loan approval – by preparing to defend their application. So, how do you qualify for a business loan and get positive results?

Is buying an existing business a viable option, rather then starting from scratch? This is the question that every person thinking of kicking off their own business should consider before committing their efforts to starting something brand new. While there is limited evidence on the exact reasons for a large percentage of small businesses to “fail”,

Applying for a business loan is a completely different process to that of a home loan application. To ensure you don’t lose your way, we’ve set out a clear path for you to follow. 1. Find a specialised broker Commercial lending is very different to residential, so when searching for a broker, it is important

Running your own business can be a solitary game. The buck stops with you, and sometimes it seems there are few to who you can turn. There isn’t a team of others to consult with for advice or support. In the current uncertain environment, not having a clear path can be daunting. Acknowledge the difficulties

I’ve recently seen a few professionals and some business people who’ve left their wealth-building a little too late in life. They’ve come to me for advice on property investment in their 50’s (and one in his 60’s) saying they left their run late, hoping their business or practice would have provided for their old age.

Preparing a detailed business plan will inform the lender about your business proposal so that it can assess your application as favourably as possible. 1. Know your numbers To inspire confidence in you as a borrower, it’s important you are familiar with your key financial figures, even if you don’t prepare your own financial statements.

More and more sophisticated investors are considering commercial real estate as a viable investment strategy. They have usually built a substantial asset base and are now looking for more cash flow in their investments. Often, they buy smaller properties – such as a shop, strata office or perhaps an industrial warehouse – because the entry-level